Should Tenants Hate those Leases to Pieces?
Landlords can be horrible and when you become a landlord you
may be horrible too.
A father told me that his son had started a business as a
mechanic and took a lease of a workshop and spent $15,000.00 on a fit out.
When it came to the end of the lease, the landlord (his cousin), would not allow the son a
further lease so that he could sell the business. If you are entering a
commercial lease you must speak to a lawyer. In this example, the lease should have
contained an option for the son to renew.
Remember your childrens' problems are usually your problems
or at least they end up that way.
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