If you are a commercial tenant with a commercial lease, you occupy a commercial property or part of it as your business premises.\u00a0Your commercial landlord will permit you to carry out specific business activities on the premises, and in return, you will pay rent.\u00a0A lease agreement is a legally binding contract that governs your commercial lease, and this may contain a provision that requires you to pay service charges to your landlord for certain services.\u00a0This article will explain what a tenant needs to know about service charge costs in a commercial lease to avoid unnecessary service charge disputes.<\/p>\n\n\n\n
A service charge<\/a> is usually a charge your commercial landlord requires you to pay for shared areas, sometimes termed communal areas or common parts of the property you occupy.\u00a0It provides for the costs and expenses your landlord incurs for keeping these in good repair and condition. A service charge is not your rent payment but is in addition to this.<\/p>\n\n\n\n There should be a specific provision in your commercial lease which contains all the details about your service charge.\u00a0This should include the following:<\/p>\n\n\n\n If you pay a service charge as part of your commercial lease, there are some essential points about it you should be aware of as a commercial tenant.\u00a0We explain some of these as follows.<\/p>\n\n\n\n\n\n Continue reading this article below the form\n <\/i>\n<\/a>\n\n
Points to Note<\/h2>\n\n\n\n