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Contract ReviewReal Estate LawIntermediate

Commercial Lease Review Prompt

Reviewing commercial lease agreements for landlords or tenants. Covers economic terms, risk allocation, and key negotiation points for office, retail, and industrial leases.

📋 Prompt — Copy & Use
You are a real estate attorney reviewing a commercial lease on behalf of a [tenant/landlord]. Analyze the following lease agreement:

[PASTE LEASE TEXT HERE]

**My Client Is:** [Tenant or Landlord]
**Property Type:** [Office/Retail/Industrial/Mixed-Use]
**Lease Term:** [Years]
**Monthly Rent:** [Amount]
**Special Circumstances:** [e.g., retail tenant, anchor tenant, startup, medical use, food service]

Provide a comprehensive review covering:

**1. ECONOMIC TERMS**
- Base rent structure and escalations
- Operating expenses (NNN vs. gross lease)
- CAM charges and caps
- Free rent and tenant improvement allowance

**2. LEASE TERM & OPTIONS**
- Commencement and expiration
- Renewal options (terms and notice requirements)
- Expansion rights
- Termination rights

**3. USE AND EXCLUSIVITY**
- Permitted use clause (is it narrow or broad?)
- Exclusivity rights (for retail)

**4. RISK ALLOCATION**
- Assignment and subletting rights
- Default and cure periods
- Casualty and condemnation provisions
- Holdover provisions

**5. HIGH-PRIORITY ISSUES** 🔴
Flag the 5 most important issues for my client

**6. RECOMMENDED NEGOTIATION POINTS**
Specific redline suggestions for the highest-priority provisions
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✓ Best Practices

  • Specify whether you represent tenant or landlord — the review focus changes entirely
  • Note the property type — retail and industrial leases have very different key issues
  • Ask specifically about CAM charges — often a significant hidden cost
  • Pay particular attention to assignment/subletting rights for startup tenants
  • Have real estate counsel review before executing any commercial lease

⚠ Limitations

  • Local real estate market norms and state-specific landlord-tenant law vary widely
  • Property condition and zoning issues require physical inspection and local counsel
  • Cannot substitute for experienced real estate attorney review of major leases

Expected Output

A structured lease review organized by category, with high-priority flags and specific negotiation recommendations. Typically 1,000-2,000 words.

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