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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 $160 to $250 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 $200 to $2,000 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.

The cost to prepare a customised lease contract usually ranges between $600 and $1,000, plus taxes and disbursements. If your lawyer uses a pre-printed standard form lease, the cost may be between $350 and $500, plus taxes and disbursements.

If your lawyer is reviewing a lease prepared by the other party's lawyer, the fees will usually be less, unless there are a lot of issues to negotiate.


More questions? Phone us at (604) HELP-LAW.

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Legal disclaimer:  The information provided on Lawyers-BC.Com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this Web site is subject to additional terms and conditions.

This page last updated: November 18, 1999
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