If your business is getting ready to move after a long lease term, you are probably starting to think about the make good clause in your lease. Here are a few tips for how to make good as you prepare to move, as suggested in the article “How to: make good at the end of your lease”:
Review the lease agreement. Check the make good clause in your lease. These clauses vary from lease to lease—some are extremely vague, while others have very specific instructions.
Make a list of any changes. List anything in the property that you have changed. The best way to make sure you include everything is to start at the front of your office and walk around it in a clockwise pattern, making note of any changes as you go. Be sure to cover the following common changes:
Painting or other wall decorations
Added electrical points or lighting
Storage or fittings, including shelves
Floating carpet or floorboards
Heating and cooling
Check with the landlord. Once you have taken care of listing everything you have changed, talk to your landlord about what to do regarding the changes. Sometimes landlord will allow changes to remain because they are improvements to the space, but some might require a cash settlement instead of making good. Often this benefits both new and old tenants if the new tenants are planning to remodel anyway.
Redecorate as needed. Particularly if you are a long term tenant, you might be required to repaint the walls white or replace carpets.
Clean up. It is always good to leave your premises in a clean condition. It is a universal practice to do any minor repairs and maintenance to get the place back to it’s original condition, even if these things are not specifically itemized in a lease.
It is equally important to create a clear make good clause upfront, which can benefit both the tenant and the landlord Sometimes this is impractical if agents really need a tenant to sign a lease and the make good clause is causing problems, since usually new tenants are more concerned about how to make the space their own, rather than with how t get it back to its original condition years down the line. However, it is worth it for both parties to make clear and fair arrangements upfront, then take photos of the space to make it easier to get it back to how it was and avoid any disagreements about the original state of the space.
If you are looking for commercial rental property in Kansas City, Southcreek Office Park has a plethora of buildings with different office spaces to meet your office rental needs. We are located in Overland Park, Kansas, a community full of businesses, events, and opportunities that make it a convenient and enjoyable place to both live and work. Here is some information about one of our many buildings in the Overland Park area:
Address: 7400 W 130th Street, Overland Park, KS 66213 Total Square Footage: 56,196 sq. ft. Number of Floors: 4 Year Built: 1999 Space Available:
1. One space with an appealing lease rate offers 1,672 sq. ft. divided into three offices, a conference room, a work room, and a reception area. 2. Another space has 3,482 sq. ft. and is unique in that it offers a plug and play opportunity furnished with a complete office and communication set-up. The price for this space is negotiable.
Another benefit of choosing office rental in Southcreek Office Park Building IX is that it is located near a lake, and offers access to a walking trail so that you can slip out of the office every now and then and enjoy some stress-free time in nature! If you would like to learn more about the benefits of renting with Southcreek and our office lease rates in Overland Park, give us a call at 913-685-4100!
Join in the fight for a cure to pancreatic cancer at the PurpleStride Kansas City event held this year at Southcreek’s Office Complex in Overland Park on April 21, 2012. The event will include a timed 5K run and a 1 mile fun run to remember and honor loved ones who have fought against cancer. There will also be kids’ activities, music, and more. Proceeds from fundraising will go to the Pancreatic Cancer Action Network, an organization that hopes to double the pancreatic cancer survivor rate by 2012 by raising awareness, supporting patients, and advocating for a national research strategy.
Registration Cost Information: Adult 5K timed run or 1 mile fun run – $25 (Registration is $30 on event day) Youth age 3 to 12 – $15 (Registration is $15 on event day) Volunteer – FREE! Survivor – FREE!
You can register online now and then start your own fundraising page to help support the Pancreatic Cancer Action Network in their search for a cure and support of patients. Register online by April 1st to receive a free t-shirt!
If you have been enjoying these winter warm spells and have kids ages 14 and older, think about participating in Wiffle Ball Wars this March! This event is a fundraiser hosted by the KC Prospects Baseball Team, a high school boys’ team in the United States Specialty Sports Association (USSSA), and it will be a lot of fun for teenaged baseball and softball players.
The tournament will be a double elimination event. Trophies will be awarded to first, second, and third places, and souvenir t-shirts will be available for purchase. The KC Prospects will provide the wiffle balls, but participants will need to bring their own bats. Since the fundraiser will be an all-day event, concessions will be available. Tournament space is limited, so get a team together soon (minimum of five players per team)!
Date: Saturday, March 3rd Time: 8am to 5pm Location: YMC Challenger Sports Complex, near Hwy. 152 and Platte Purchase Road in Kansas City, North Cost: $75 per team
To register, call Kim Shopper 816-916-8267 or Steve Waters 913-207-4352, and feel free to email lrupell [at] scotwoodindustries.com if you have any questions. Sign up deadline is Wednesday, February 29, 2012.