My commercial tenant wants an amendment to our lease. Should I ask him to pay my legal bills if I agree?
Saturday, November 28th, 2009 at
8:31 am
“Kh a a a a a n n” ! ! asked:
My commercial tenant asked me if I would let him out of the lease he has with me. We made a verbal agreement to a set of conditions on how he could be allowed out of the lease early. He would now like me to sign an amendment to the lease that he had his lawyer draw up. I am hesitant to sign anything by HIS lawyer. I never agreed to sign anything, and I am confident that I could simply tell the tenant that I will let them out of the lease when they have complied with the conditions agreed to verbally.
My commercial tenant asked me if I would let him out of the lease he has with me. We made a verbal agreement to a set of conditions on how he could be allowed out of the lease early. He would now like me to sign an amendment to the lease that he had his lawyer draw up. I am hesitant to sign anything by HIS lawyer. I never agreed to sign anything, and I am confident that I could simply tell the tenant that I will let them out of the lease when they have complied with the conditions agreed to verbally.
OR – could I tell the tenant that I will sign something provided it is written by MY lawyer and the tenant pays the legal bills?
Would that be fair? And would that be appropriate?
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It would be entirely appropriate to charge the fee paid to your shark to look at his document. That takes less time (therefore costs less) than having your shark write the document. You net that against the security deposit and he should pay the net balance as long as it is within reason. But I suspect that a reasonable charge will be less than the security deposit.
And if this cycle continues, what, pray tell, was the thing in the draft document that was not in your oral deal? That you’re reacting to without sharing?