Landlord lock in, that’s a funny one. So what’s the plan, move to another town because you can’t find a 4 story building available for next week to avoid rent increase?
This is actually a pretty common concern for businesses on dealing with whether and how to protect themselves when installing improvements, business-critical equipment, or other hard-to-move stuff on land or in a building without a long term lease in place.
The tenant deals with it by either building out a portable infrastructure to where they can move their business quickly if need be, or by protecting themselves legally to where the landlord can’t kick them out on a short notice, by negotiating a long term lease.
Landlord lock in, that’s a funny one. So what’s the plan, move to another town because you can’t find a 4 story building available for next week to avoid rent increase?
This is actually a pretty common concern for businesses on dealing with whether and how to protect themselves when installing improvements, business-critical equipment, or other hard-to-move stuff on land or in a building without a long term lease in place.
The tenant deals with it by either building out a portable infrastructure to where they can move their business quickly if need be, or by protecting themselves legally to where the landlord can’t kick them out on a short notice, by negotiating a long term lease.