What legal documents should be reviewed before signing a commercial real estate lease?

Before signing a commercial real estate lease in Minnesota, there are several legal documents that should be reviewed. First off, it is important to read the entire lease agreement. This document outlines the conditions of the lease, including rent amount, rental terms, and whether the tenant has the option to renew or terminate the lease at specific times. Another important document to review is the disclosure statement. This statement outlines any special conditions of the lease such as whether any tenant improvements are necessary. It also will specify any obligations that the tenant has when it comes to the property including maintaining it in good condition and adhering to all local laws and regulations. It is also a good idea to review any applicable zoning laws. Zoning laws will tell you what types of activities can be conducted on the property and how big the building can be. This information is important as it can affect the nature of the business conducted on the property. Finally, an inspection report should also be obtained prior to signing a lease. This report will outline the condition of the premises and will also reveal any issues that may need to be addressed prior to leasing the property. Additionally, this report can provide useful information about expenses that may incur for repairs or improvements. By reviewing all of these documents prior to signing a lease, you can protect yourself from any issues that may arise down the road. It is important to have a clear understanding of the terms of the commercial real estate lease agreement and all related documents before signing.

What legal documents should be reviewed before signing a commercial real estate lease?

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