Neighbor News
"Commercial Leasing: Types, Terms, Taxes" Seminar to be Held September 22nd
Free breakfast seminar to provide practical knowledge to support long-term business growth
"Commercial Leasing: Types, Terms, Taxes," a free legal breakfast seminar organized by the Amity Chamber of Commerce, will be held Tuesday, September 22nd, at Charter Senior Living of Woodbridge, 330 Amity Road, Woodbridge. Doors open at 8:15 am, with the one-hour session starting promptly at 8:30 am. The seminar is part of the Chamber’s “Breakfast & Briefs” program, which includes a free breakfast, compliments of Charter Senior Living.
Presented by Zabel Schellenberg Attorneys at Law, this month's briefing will inform business owners about the types, material terms, and obligations of commercial leases, along with a discussion of property taxes and commercial renters' obligations.
Commercial leases are often among the largest fixed expenses and legal liabilities most businesses will ever undertake. This seminar provides practical knowledge required to understand costs and secure terms that support long-term growth, including:
- Financial Risk Mitigation: Understanding lease structures prevents unexpected bills for building maintenance, real estate taxes, and property insurance.
- Negotiation Leverage: Learning standard terms, tenant improvement allowances, and escalation clauses helps business owners negotiate with landlords and other third parties.
- Operational Flexibility: Business needs change rapidly. The seminar will highlight exit and expansion options, including assignment and sublease rights, and renewal options.
- Liability Exposure: Personal guarantees are standard in commercial leases, meaning personal assets can be impacted if the business defaults. Understanding these structures helps business owners minimize or cap personal liability.
CLICK HERE TO REGISTER FOR THE FREE PROGRAM
Free to Amity Chamber members, businesses, entrepreneurs, and non-profit associations, the Breakfast & Briefs legal seminar series covers a wide range of subjects to benefit, inform, and support organizations of all types and sizes. The briefings are essential to business competitiveness, productivity, obligations, and profitability.
