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Inaccurate square footage in lease? |
My commercial lease states that my space is approximately 1334 square feet. I'm in the fifth month of my lease, but have not actually paid any rent yet, since I have 5 months free rent in the lease. My general contractor just pointed out to my that my space is actually 1306 square feet. I have my general contractor's store plan documentation, which proves this to be correct. If you are in a lease with the wrong square footage listed, you can call the property manager or landlord and tell them you wish to re-negotiate the lease. Make sure that the General Contractor is correct first. You can even buy a digital tool to help you with the determination of square feet. everything appears copasetic since the word "approximately" was used. No need to handle anything, no new lease is in order. You are fine. Something that minimal can be any ones math error. Even the general contractors. So don't even bring it up. you got 5 months free and now you want to back out? why didnt you figure that out in the first month? all of a sudden when it looks like you have to pay something, you start looking at things. Im not blaming you, but its what it looks like. And, 1334-1306 is only a difference of 28 feet. And how much is that? practically nothing. So, why do you need a new lease? what are you trying to save? didnt you already save your first 5 months? doesnt seem worth the trouble. I think you have lost your chance. Should bring it up when your lease is over and you want to sign again. worse comes to worse, he will say..okay..fine..i ll pro rate the yearly lease and the square footage....and if you dont want this lease..ill throw it away..and prorate the yearly rate divided by 12...and you can pay me ...and then get out....and ill give you another 2 weeks to re count the square footage in the place before i let someone else come in..... Is your rent (or other charges) computed on the basis of the square footage? If so then you should send a letter to the landlord requesting that the premises be measured, since your measurements conflict with the measurement stated in the lease. |
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