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Lawyers' Fees for Commercial Leases



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Leasing a property may involve different legal work for different situations. You may or may not need to get your lawyer involved in all aspects of the deal. The lease process may involve 2 things:


  1. Negotiating the lease terms and the offer to lease. This includes negotiating tenant incentives (like free rent or a renovation allowance) and considering their tax consequences; and

  2. Preparing or reviewing the lease contract, and negotiating the terms with the other side or their lawyer.
Experienced real estate lawyers usually charge between $275 to $500 per hour, so what the fees will be will depend on exactly what you need the lawyer to do.

Negotiating the lease terms and offer to lease can range from $350 to $4,000 or more, depending upon how much of the lawyers time it takes.  You can save money by doing most of the negotiating on your own.



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This page last updated: November 18, 1999
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