my commercial lease is ends. lease states month to month option. landlord will not grant it.

Landlord is stating that month to month on commercial lease is high risk. Landlord wants me to stay. There are some problems with the space. Landlord is specific about not making any changes within leased space. I have been a good tenant with on time payments for 3yrs. Space is limited and needs preventative repair which are clearly landlord costs. I am forced to make a decision soon! Any recommendations?
In Leasing Property - Asked by T B. - Jul 5, 2009
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Answer(s)

Paul S.
Broker/Agent
Glendora, CA

A lot depends on demand for you space. If the landlord is easily able to get another tenant you are in a weak position. Check your old lease to see what the landlord responsibilities were with respect to the repair costs. It is quite common in many market areas for tenants to get rent reductions and/or other changes on signing new leases. What you need to determine is how strong you position is in regards to negotiating a new lease? If you really want to stay month to month, and your position is strong, insist on it. The landlord will have to decide weather to go along with your wishes or evict you. Like poker determine who has the best hand.

Jul 6, 2009
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David C.
Property/Asset Manager
Dallas, TX

You should start looking around. If the Landlord is not willing to uphold their lease, you will always lose in the end. Depending on what the market is like in your area, you may be able to find something better. Generally, prices have dropped and vacancies are higher than they've been in a long time. If you are dead-set on trying to stay, you should not tell the Landlord that. You need to make him understand he's got a great tenant whose willing to stay but knows there are better options out there. Maybe offer to sign for another 6-12 months with a 30 or 60 day notice. Also, if you haven't already, go meet with him in person. Face to face meetings almost always work out to a better result. Just don't let him see that you are desperate.

Jul 6, 2009
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Gregory G.
Broker/Agent
San Francisco, CA

Where are you located?
http://www.gregorygarver.com

Jul 6, 2009
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Victor H.
Broker/Agent
Austin, TX

You may want to start your search for other options. If you are in Texas, we can review your lease and let you know your options.

Jul 9, 2009
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Eric G.
Corporate Investor
Beverly Hills, CA

Your landlord is playing hardball, but guess what, unless he has a tenant in hand to backfill your space, or he is so rich that he doesn't care whether you relocate, the ball is in your court.
Tell him to go pound some sand, find a better space for your business.

Jul 10, 2009
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