Kiritsis & Associates

 

The nuts and bolts of New York 'net' commercial lease agreements.

Jul 26, 2021

Law Offices of Kiritsis & Associates. Phone: (212) – 922 – 0005.
Author: John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M

 

New York net commercial lease are created through 5 major steps: planning, drafting, reviewing, executing, and enforcing. Real property laws are state laws. No federal statutes resolve property leasing disputes.

 

The lease should account for any pre-moving repairs and alterations. New York commercial leases may address any fixture removal rights by tenants.

Depending on the individual county and/or municipality rules, as well as, the premises' use type and applicable zoning-code type of regulations, a real property lease agreement, may be legally required to file some kind of a public-recordation type of document, with the recorder-office.

 

New York City probably leads the nation in developing this area of law. Notwithstanding net commercial lease agreements saying otherwise, any real property lease term the tenant breaches may give the landlord the right to recover possession of the property.

Many of the lease agreements (especially, many of the ones created through DIY (do it yourself) (do it yourself) autogenerating software or bare-bone store sold templates) did not account nor foresaw the catastrophic type of damages, that would inflict both landlords and tenants at the post Covid 19 pandemic era.

 

To better assist in a quest of further analyzing this type of question(s) as revolving per this legal guide article, it may be useful to make additional inquiries, such as: Should special zoning classification uses or restrictions be included in New York real property leases, accounting for such uses by the tenant(s)?  Has the lease been reviewed and revised to account for any recent relevant changes in New York law? Do any rent regulation laws apply to the lease?
 

Our firm can help you draft, review, negotiate, and execute any type of New York real property lease agreement. We are open seven days a week from 8 a.m. to 8 p.m. We offer prospective clients both exhaustive and comprehensive leasing law practice services, including the following:
 

New York non-rent regulated residential lease contracts.

New York rent regulated stabilized residential lease contracts.

New York commercial lease contracts.

New York industrial occupancy lease contracts.

New York warehouse storage lease contracts.

New York medical space use lease contracts. 

New York spa and physical therapy related use lease contracts. 

New York professional service lease contracts, including Accounting, Insurance, Medicine, Law, Architecture, etc.

New York jewelry and related use lease agreements. 

New York chemical and pest control related use lease agreements. Kiritsis Law Group. Phone: (212)–922–0005 

New York roommate use lease agreements. 

New York shared office space use lease agreements. 

New York netted lease agreements. 

New York double net lease agreements. 

New York commercial leases with time extension option provisions.

New York addendum and side deal real property lease agreements. 

New York existing lease assumption lease agreements. 

New York cancellation of residential lease agreements. 

New York barbershop and beautician related lease agreements. 

New York restaurant and related use lease agreements. Kiritsis Law Group. Phone: (212)–922–0005  

New York deli and bodega related use lease agreements. 

New York bar and tavern related use lease agreements. 

New York religious institution and related use lease agreements. 

New York morgue and related use lease agreements. 

New York buddhist temple and related use lease agreements. 

New York non-profit and related use lease agreements. 

New York lease sales back terms lease agreements. 

New York development site lease agreements. 

New York farming related lease agreements. 

New York livestock related use lease agreements. Kiritsis Law Group. Phone: (212)–922–0005  

New York timber related use lease agreements. 

New York oil drilling related use lease agreements. 

New York construction project centered lease agreements. 

New York co-op lease agreements. 

New York condo-type building premises lease agreements. 

New York condo co-op building premises lease agreements. 

New York two family dwelling lease agreements. 

New York 4-plex property lease agreements. 

New York mixed-use property lease agreements. 

New York industrial use property lease agreements. Kiritsis Law Group. Phone: (212)–922–0005  

New York postal office box related use lease agreements. 

New York hostel and other related use lease agreements. 

New York master lease agreements. 

New York hypothecating, equity-utilization, leveraging lease agreements. 

New York negotiating lease agreements.

 

We offer prospective clients services throughout the state of New York, including the following counties:

 

Albany

Allegany

Bronx

Broome

Cattaraugus

Cayuga

Chautauqua

Chemung

Chenango

Clinton

Columbia

Cortland

Delaware

Cutchess

Erie

Essex

Franklin

Fulton

Genesee

Greene

Hamilton

Herkimer

Jefferson

Kings

Lewis

Livingston

Madison

Monroe

Montgomery

Nassau

New York

Niagara

Oneida

Onondaga

Ontario

Orange

Orleans

Oswego

Otsego

Putnam

Queens

Rensselaer

Richmond

Rockland

St. Lawrence

Saratoga

Schenectady

Schoharie

Schuyler

Seneca

Steuben

Suffolk

Sullivan

Tioga

Tompkins

Ulster

Warren

Washington

Wayne

Westchester

Wyoming

Yates

 

You can call use today for a FREE initial consultation with a licensed New York real estate attorney at (212) – 922 – 0005.

 

We offer a number of fee payment options, including Flat, Hourly rate, Mixed-type (various payment plans combined).

 

We accept all standard methods of payment, including Cash, Personal Check, Business Check, Cashier Check, Bank Check, Money Order, Debit Card, most Credit Cards.

 

We also sell template-type products, including legal guide pamphlet-style booklets.

For more information on any of the above services and products, or any type of legally related service product, contact us at any of our New York and New Jersey branch affiliates.

Sources:

New York Constitution

New York City Bar Association

New York Department of Finance

New York State Society of CPAs

General Obligation Law (GOL) §5-702, §5-703

 

NY RPL §226

NY RPL §232

NY RPL §237

 

Hiles v. Fisher, 144 N.Y. 306 (1895)

Lawriv v. Cit of Rochester, 14 A.D.2d 13 (4th Dept. 1961)

Minja K Co. v. Randolph, 140 A.D.2d 245 C 1st Dept, (1988)

Scutti Enterprises, Inc. v. Wackermain Cuchone Custom Builders, Inc., 153 A.D.2d 83 (4th Dept. 1989)

Witter v. Taggart, 78 N.Y.S.2d 234 (1991)

Bonton v. Williams, 42 A.D.3d 795 (3rd Dept. 2007)

Wells Fargo Bank N.A. v. Marchione, 69 A.D.3d 204 (2nd Dept. 2009)

Meyers v. Rosen, 69 A.D.3d 1095 (2nd Dept. 2010)

Pritsiolas v. Apple Bankcorp, Inc., 120 A.D.3d 647 (2nd Dept. 2014)

Kheel v. Molinari, 165 A.D.3d 1576 (3rd Dept. 2018)
 

Law Offices of Kiritsis & Associates
Phone # 212 922 0005

Manhattan Office (Main Office):
633 Third Avenue
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