Archive: May 2004.

New office - new problems? — The difficulties about a rental contract

Ideally, an office rental contract determines the terms of the property use, but can we success in practice to conclude a good contract? The stake is not a small one, as the agreement can determine the relationship between the parties for up to 10 years. Many times, the question is raised on what sort of rental contract is better for the tenant and for the owner: a rigorous contract, answering all possible questions that can only be raised or a lax one, relying more on the ability of the parties to accomplish their interests? A short and insufficiently precise contract can serve the interests of both parties only in very few cases. So how voluminous shall a contract be? It is difficult to measure the quality of an agreement in terms of the number of pages; therefore, it is worthwhile to focus on the precise description of the definitions and regulations, as outlined below.