Final answer:
In a commercial lease transaction when representing tenants, an attorney will ensure the lease terms are clear and fair, confirm property use rights are suitable for the business, and advocate the tenant's business stability to the property owner.
Step-by-step explanation:
When representing tenants in a commercial lease transaction, there are three primary responsibilities you can expect from your legal representative. Firstly, they will review and negotiate the terms of the lease to protect your interests, ensuring clarity and fairness. Often, lease documents can be long and filled with dense, confusing legal jargon, which can be overwhelming and hard to understand for someone without legal training. Your representative would decipher this language and negotiate terms that are understandable and favorable to you.
Secondly, they are responsible for confirming that all property use rights are clearly defined and correspond with your business needs. Since the livelihood of a business often depends on the property it occupies, your representative will help you make sure that the lease grants you the necessary rights to operate efficiently. This includes the right to enter into contracts with other parties while using the leased property.
Lastly, your representative will advocate on your behalf to the property owner, highlighting the profitability and stability of your business. This advocacy helps to build confidence in the landlord-tenant relationship, which can translate into more favorable lease terms and a better leasing experience overall. Furthermore, a representative with proven credentials and experience will add substantial credibility to your position in negotiations.