How to Request a Commercial Rent Extension

When you rent a commercial building, sometimes you will need to request a rent extension in order to keep doing business successfully. The commercial real estate business is run a little differently than the residential one. Therefore, you may be unfamiliar with the process if you have never dealt in commercial rentals before. Here are a few tips to keep in mind when you need a rent extension.

Contact Your Landlord

The first step in the process is to contact your landlord. If you are renting from an individual landlord, then the process will usually be pretty simple. You can usually just talk to them about what you need and they will accommodate you if you are a good tenant. However, if you are renting from a big company, it might take a little more work on your part. 

Fill Out Forms

If you are renting from a large property management group, they will usually have a procedure that they like followed. Ask them for the appropriate forms that you need to fill out in order to extend your rental term. As long as they do not have another tenant lined up, they will usually be happy to accommodate this request as it means they will still be getting a rent payment. 

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