law desk

Long Island Real Estate Attorney

As a trusted real estate lawyer on Long Island, we can ably act as a lease agreement lawyer for residential and commercial leases. A lease agreement lawyer is simply a type of real estate lawyer that specializes in leases. A lease agreement lawyer assists in drafting, analyzing, and advising clients about their lease agreements. Many on Long Island have turned to Ms. Acevedo over the years for legal assistance regarding lease agreements. From rental agreements to office space leases, to building lease agreements, we can help with any legal issues regarding leases and real estate matters.

Lease agreement lawyers also may serve as a mediator between a landlord and tenant to help make sure the agreement made between the parties is mutually beneficial. This can make a big difference in the professional relationship between the two. For a no-obligation consultation, please get in touch with our law office.

document signing

What Do Lease Agreements Do?

A lease agreement is a written contract that governs the terms between a landlord and tenant. This agreement will set expectations, establish key terms surrounding the agreement, and ensure that everyone is on the same page. Lease agreement lawyers make sure that lease agreements include all the major details designed to protect all parties to the contract. When these details stray is when the intervention of a lawyer is required. Ms Acevedo handles all sorts of different types of lease agreements. From residential, to commercial, to equipment, she can work with you. Learn more about these different types of lease agreements.

contract on desk

Types of Lease Agreements

Working in the field of real estate law, our office understands how there are different types of lease agreements regarding commercial real estate transactions. In general, there are three main types of lease agreements:

  • Residential
  • Commercial
  • Equipment

Each of these lease agreements impact different areas and require a different mode of thinking. Ms. Acevedo has experience handling all different types of lease agreements and can assist if legal action is required. Let’s learn a little more about the different types of lease agreements.

Residential Leases

A residential lease deals with family homes that are not used for-profit. These leases are typically inclusive of properties such as:

  • Homes
  • Apartments
  • Condos
  • Commercial Leases

A commercial lease is negotiated on spaces that are used for business purposes. Here are a few examples of businesses where a commercial lease is perfect for:

  • Retail storefronts
  • Restaurants
  • Bars

Equipment Leases

An equipment lease is used when a business needs to rent equipment for their business operations. Here are some common examples when to utilize an equipment lease:

  • heavy machinery
  • industrial cooking equipment
  • IT or technical equipment

What Makes a Lease Agreement Legally Binding?

A lease agreement is a legal contract between landlords and tenants that govern their relationship. A lease agreement is considered legally binding when the following criteria are met:

  • contract is enforceable.
  • both parties agree to the terms of the agreement.
  • there is a trade-off in the agreement, such as monthly rent in exchange for a place to live.
  • both parties are of sound mind to enter into the agreement.

If these criteria are met, then the lease agreement is legally binding. If you do not believe these criteria are met, but an opposing group does, then seek our effective legal counsel to rectify the situation.