This research guide is for legal interns or practitioners who are new to reviewing commercial leases for their law firm. This guide facilitates access to helpful resources and provides a strategy for conducting research. To get started, watch a video to gain some understanding into commercial leases before looking at the instructions on how to review.
Commercial lease agreements are not one size fits all. There are long forms created by attorneys and then there are preprinted forms designed to be utilized by those who are not attorneys.
Reviewing a standard form pre-printed contract with this guide:
Reviewing a long-form attorney-drawn contract:
The steps for a long-form attorney-drawn contract are virtually the same as a short-form except these agreements are longer and less generic. They are more tailored to a specific location, such as the shopping complex the landlord owns, making them more detailed and generally with more exhibits. The process for reviewing attorney drawn contracts is longer due to the necessity for multiple rounds of exchanged drafting notes between both parties.