Base rent isn't the rent.
CAM, operating costs, taxes, and insurance can add 30–50% on top of base. The offer-to-lease quotes the base rate. The lease quotes everything.
60 pages of base rent, escalators, CAM exposure, use restrictions, and exit terms — most of it not in your offer-to-lease. We inspect every clause, label what is structural, and flag what is going to crack under load.
CAM, operating costs, taxes, and insurance can add 30–50% on top of base. The offer-to-lease quotes the base rate. The lease quotes everything.
Once you sign the offer-to-lease, the master lease arrives drafted by the landlord's counsel. Push back stops being polite negotiation; it starts being a deal-killer.
Use clause restricts your business model. Assignment language locks you in. Restoration on exit can cost 6 figures. Each clause reads fine alone — together they tell the actual story.
Most tenants engage a lawyer after signing the offer-to-lease, when the deposit is in and the move is being planned. Walking away from the master lease at that point is professionally awkward and emotionally hard.
Master lease, schedules, OTL if you have it. PDF only. No account, no login, no sales call.
Base, CAM, escalators, restrictions, assignment, renewal, restoration — cross-referenced, ranked by severity, tied to section numbers.
Plain-English report. Take it to your lawyer, your broker, or your accountant. Walk into the negotiation prepared.
Tenant pays its proportionate share of operating costs with no cap on year-over-year increase. Plain reading: if the landlord renovates the common areas in year 3, you fund it.
Any assignment or sublet requires landlord consent, which is not subject to a reasonableness standard. You cannot exit early by transferring the lease, even to a qualified buyer.
Renewal option exists, but rate is “fair market value as determined by the landlord”. No formula, no arbitration clause. The renewal premium is uncapped.
On exit, tenant must restore premises to original base-building condition. Any tenant improvements you build at your cost must be removed at your cost. Easily $50K+ on a typical fit-out.
We're running the first batch of lease inspections at no cost while we calibrate the standard. You give us an email; we give you the report. A real-estate lawyer review still runs $1.5K to $3K and is worth every dollar — inspection makes that conversation 30× cheaper to start.
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