Lease Review

When you move to a new rental apartment in New York City, you may be tempted to skim or not read the lease you’re signing.  This can cause headaches down the road, especially for commercial leases.   The provisions in a lease document can hold you liable for certain future events, such as indemnification provisions.  You need to understand the terms of the lease before you sign it.  You should hire a real estate attorney to review the lease terms, explain them to you, and help you negotiate more favorable terms. Once you  sign the lease, it is too late—you are stuck with the provisions you agreed to.  

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