While residential leases are common, there is often more at stake when there are issues with a commercial lease. When a residential lease is interrupted, a family may have to find a new place to live. But when a commercial lease is interrupted, you may find yourself with an extreme loss of income, and your business practices may be interrupted.
If you are a commercial property owner or manager, you want your operations to run smoothly; high occupancy rates, quality tenants, and timely payments are essential for success as a property manager. If you are a commercial property tenant, you want the property owner or management firm to comply with the terms of the lease and promptly correct problems.
Unfortunately, some parties to a commercial lease don’t always live up to expectations, so what do you do when the terms of the lease have been violated? What if your existing lease agreement is not working out anymore? That’s when you need the help of an experienced commercial lease dispute lawyer licensed to practice in the State of Michigan.
Call Galloway and Collens, PLLC, at 248-545-2500 to discuss your case. We have years of experience working on leasing agreements in Michigan. We represent both commercial tenants and landlords in commercial lease litigation.
In addition to resolving lease disputes, our firm also provides services to property owners and tenants designed to properly establish and maintain beneficial lease relationships and avoid disputes, such as drafting leases.
Representing Commercial Property Owners and Tenants in Michigan
At Galloway and Collens, PLLC, we provide results-oriented representation for commercial property owners and tenants throughout the Detroit metro area. Our firm has been doing so for more than a decade — working hard to help our clients maintain profitability and resolve landlord-tenant disputes.
What Does Michigan Law Say About Commercial Leases?
Commercial leases in Michigan are governed by the Michigan Commercial Tenant’s Right to Fair Treatment Act (MCL 554.631 et seq.), which sets forth the rights and obligations of landlords and tenants in commercial leasing relationships. Commercial leases in Michigan are legally bound to strictly adhere to the information outlined on the terms of the lease agreement. Items such as the amount of rent, the type of lease (net lease, standard lease, etc.), amount of the security deposit, and other factors are found in this document.
The most important thing for tenants to understand is that their lease is a binding contract between them and their landlord. This means that the terms of the lease cannot be changed without the agreement of both parties. That being said, it’s important to carefully read the lease agreement before agreeing to anything. Michigan law is very clear about your rights as a tenant or landlord. A qualified attorney will help you to read the lease thoroughly. It’s also important to get everything in writing. A landlord may verbally say that you will be given leniency for costs like your monthly rent, but unless it is included in the agreement, they will have a right to take legal action.
Seeking Results In And Out Of Court
Commercial leases are an important part of doing business and understanding Michigan laws regarding them is essential for the success of any venture. No matter what your particular situation, it’s important to research the specific regulations in your state before signing a lease agreement.
At Galloway and Collens, PLLC, we know that litigation may not always be necessary. Before proceeding down that road, we will thoroughly examine the facts and legal issues in your case. In some cases, assertive negotiation techniques may enable us to achieve satisfactory results without the need for litigation. In order to properly negotiate the terms of your lease, we make sure to be skilled advocates with experience in all types of commercial real estate litigation. If court action is required to obtain results, we will vigorously advocate on your behalf.
Contact an Attorney
Questions about a commercial lease dispute? Call Galloway and Collens, PLLC, at 248-545-2500. Alternatively, you can submit an inquiry form and an attorney will respond promptly.