Required Documents to Finalise a Commercial Space Lease

Alas, a commercial office space of your dreams is up for lease. You’ve finally finalised your lease transaction. You and your landlord have mutually agreed upon on the terms and conditions covering your newly signed lease contract.

Now, all that’s left to be done on your end is to secure the required documentations to formally activate your lease. Meticulousness does a lot of good in swiftly securing the appropriate lease documents. Resourcefulness substantially helps in getting the right documents together, as well.

Government-Issued ID’s to Verify Identifications

Most landlords prefer to play it safe once lease agreements have been finalised. Anticipate that you’ll need to present a government issued ID to your landlord once you sign the lease agreement.

Government issued ID’s are mediums that swiftly verify identifications. These documents are the keys to avoiding unexpected security issues that may suddenly occur in the near future. Remember, most landlords seek an objective to ensure tenants occupying their properties are trustworthy and credible clients.

Financial Documents-Proofs of Fund Sources

Financial documents such as bank and credit card statements are pertinent in officially securing your lease. These documents are viable proofs of the guaranteed existence of funds to finance your monthly lease expenses.

Facilitate the implementation of your new business lease efficiently at the soonest time possible. Save time in gathering these documents at the last minute. Do so by collating, organising and keeping these documents in one prominent place ahead of time. As soon as you make plans to lease an office space, immediately start collating and organising these documents.

Notarised Lease Agreement from a Licenced Attorney

A notarised lease agreement from your attorney legalises your transaction. A notarised agreement is pre-requisite to lawfully protecting your rights and privileges as a tenant. Immediately have your lease agreement notarised as soon as the designated parties have signed it. Avoid leaving this lawful process in pending after having finalised your lease agreement. Sometimes, leaving this process hanging for a long time produces tenant-landlord internal and external conflicts unexpectedly.

Proofs of Mortgage Eligibility Documentations

Government verified documentation proofs of commercial mortgage eligibility are pre-requisites to having your property loan benefits activated. To ensure you get to access these benefits once your lease term commences, submit proofs of mortgage eligibility prior to even signing the commercial lease agreement.

Turn your commercial space lease transaction into becoming one of your best business investment experiences. Doing so is the only key to maximising professional success in a new corporate venture.