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Do not save the attorney fee when renting a shop

Squarefoot Editor  2012-11-23  15 #Property Hit News
Article from Hong Kong's retail sector is good and attracted many young people rent trend mall venture, except for lack of rent shop experience from time to time outgoing contractual disputes between small merchants and owners of rental market. The agent believes that the majority of small businesses before renting the property has not done its homework, understand the contents of the contracts, the loss of their rights, attorneys' fees, due to Qianqianshaoshao problem occurs, all have black and white signed contract, and then it's too late to find the lawyers. Midland IC & Chief Executive Officer Huang Hancheng remind entrepreneurial novices, lease a shop do not attempt to "saving a few thousand dollars" instead of hiring a lawyer to represent their interests, due to the different requirements of each of the owners of content is not a contract, should not blind head Wu The flies the chaos signed documents, their own insecurity while, also I do not know where their hired solicitors is to protect their own interests on behalf of, also owners of special requirements and specify the terms and conditions will be added to the contract risk. He pointed out that there are many man-made Qianqian without payment of stamp duty, such practices are illegal and there is no protection on their own, if in the future the two sides dispute, will be a very important legal evidence in court, because they do not pay stamp duty, has equal waive future rights. The speculators owners at any time to terminate the lease As for the owners of the background, small business operators must first understand clearly the owners are short-term speculators or long-term investors. He explained that if the speculators, that the small tenants do not have too much of this decoration, mainly because speculators Duanchao profit, frequently turn owners, small business operators have the opportunity to be the owners of huge rent increases, or the owners decided to take early termination of the lease. Instead, owners are long-term investors, small business operators to be rid of the lease is not completed before the risk is also relatively small. Contract owners also pay attention to the long-term lease of the short convention cost issues involved because of the Length of Lease Term; also pay attention to the mall is selling bulk to small owners hold, or held by a single large property owners, because the former is purely rent service lacking; while the latter is easier to manage for the mall will also provide publicity to increase the flow of people, both very different. Avoid personal name signing a lease In addition, it is worth mentioning that the lot of entrepreneurial the novices thought it was a small business in his own name when signing rental shops, in fact, the risk of such practices hidden. For example, if there are guests in the shop fall injuries, third party insurance coverage is insufficient to pay customers compensation, small business operators as an individual tenant, individuals will have to take full responsibility for, and therefore should be leased to a limited company shops, in order to protect themselves. Huang Hancheng emphasized entrepreneurship do not parroting, many cases are friends, that something to do with tenancy neither understand, it signed the lease. In fact, prior to the rental shop should be more to the favorite shops to observe the amount of time the flow of people, to nearby shops understand the market, and then calculate whether the rent is reasonable to develop business policy. In addition, the business to reserve sufficient working capital to meet the additional risk of sudden, such as owners of small business operators to use the specified decoration company, may be a result of tenant improvement costs greatly increased with a design theme.
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