Office spaces are efficient for business owners and entrepreneurs to run their operations. Sometimes, sharing these commercial spaces with another person in the same line of profession or business is a great idea.

Renting office space is best for lawyers, doctors, financial planners, psychotherapists and the likes. These professionals usually do their work at home and only require office space for meetings.

If you are planning to share commercial space, there are certain things you must consider.

Responsibility

Usually, there is equal responsibility between the tenants renting office space. If someone is already renting the space, you can choose to join as a primary tenant or a subtenant. The primary tenant should inform the landlord about the subtenant and ask for approval.

Decisions

You can have the primary or the master tenant decide how the office space will be used or how it will be designed. But if you have equal ownership and responsibility with the other tenant, you have to find a way on how you will make decisions together regarding the use and design of the space.

Payment

You have to come up with a decision regarding who will be paying for the rent and for the rest of the bills. This is important especially if the use of space and time varies among the tenants.

Common Space

Common spaces are the reception area, the administrative area, work space, office equipment, storage space, kitchen facilities, and the rest rooms. You must come up with an agreement on how you will use the common space and how you will pay for it. You must also agree on how to maintain the common space.

To make sure that the agreements and the payments for sharing a commercial space with other tenants are fairly divided, it is best to consult or hire an attorney.

Related Posts
How copyright work
The term copyright is not a novel term. However still here are many who have no idea about how copyright work? If you are one of those who are in ...
READ MORE
How to get rid of illegal rent?
There are a lot of abusive landlords out there and you best be careful you wouldn't be robbed off blind by one. When renting a unit, you must get everything ...
READ MORE
Top reasons that can severely affect your landlord business
There are mistakes that will definitely affect your landlord business and these are what you should avoid. 1.Tenant discrimination intentionally or unintentionally. This warrants a one-way ticket to a legal proceeding. ...
READ MORE
Divorce Legal Services
Divorce formally dissolves the legal marriage. The married couples do not have the constitutional rights to proceed for the divorce but the state laws permit the couples to divorce in ...
READ MORE
How to win Child Custody
Parents who desire to win child custody in the court should first understand the child custody laws in their jurisdiction. The key to win child custody is proving that you ...
READ MORE
Real Estate law
Real estate law isn't the simplest reasonably law to know whether or not you're shopping for or commerce at home. It's very important that you simply opt for a legal ...
READ MORE
Punishments And Penalties for DUI/DWI
No crime goes unpunished. No other crime in the US gets more offenders behind bars than Driving Under the Influence or Driving While Intoxicated offenses. Laws per state vary but ...
READ MORE
Tenant Rights and responsibilities
Have you recently moved out and you’ve decided to move again into a rented residential unit? Did you know that the tenant rights made by the Federal and State bodies ...
READ MORE
Landlord and Tenants: Roles and responsibilities
In this article, I am going to examine the nuts and bolts of duties and responsibilities of landlord and tenants which come under the landlord-tenant law in the United States. ...
READ MORE
Know Civil lawsuits to avoid them
If you are taking a proceeding or a case of some wrong act, it might be known either as "civil" or may be "criminal" suit. Scrutinize these 2 forms of ...
READ MORE
How copyright work
How to get rid of illegal rent?
Top reasons that can severely affect your landlord
Appearing in Divorce Court
How to win Child Custody
Real Estate law
Punishments And Penalties for DUI/DWI
Tenant Rights and responsibilities
Landlord and Tenants: Roles and responsibilities
Know Civil lawsuits to avoid them