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Replace Comments in the Commercial Lease Notice

Replace Comments in the Commercial Lease Notice

Aug 6th, 2022

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How to Replace Comments in the Commercial Lease Notice

5 out of 5

3 votes

hello landlords and tenants im here today to discuss replacements versus repairs in a commercial real estate lease context my name is jenna zabrowski and im the attorney behind law by jay-z.com now a repair is when you go ahead and fix an old thing so that it works again a replacement is when you have a brand new thing because the old thing doesnt work anymore you guessed it replacements are usually more expensive than repairs so you tenant want to make sure that its absolutely necessary that youre getting what you pay for now there could be tax advantages to replacing items and it could also create operating efficiency repairs arent always a bad thing and neither are replacements but theres a time and a place for your repairs and replacements make sure youre getting what you pay for we can all see why its important to understand every single word of your commercial real estate lease agreement this video is to educate but it is not to provide specific legal advice for your leg

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