Early withdrawal from the lease agreement

If you want to reserve the right to cancel the contract for any reason, ask to include provisions that will allow you to do so with minimal loss, including: The right to transfer rights under the contract if you sell your business. This will allow the new owner of your business to remain in the same premises. The right to sublet all or part of your space, for example if you can no longer afford the entire space or need to move to a larger location. Also, don't forget to bargain about penalties for ending your lease early. Your neighbors Other tenants can have a significant impact on your business, and their presence can serve you well when negotiating terms. If your business depends on having a lot of people visiting the place next door, such as your photography studio next to the passport office, a so-called co-tenancy clause will allow you to get out of the lease and close if the passport office closes. You can also ask for an exclusive contract whereby the landlord is not allowed to rent offices to your competitors. By the way, for the same reason of exclusivity, make sure that your city does not have laws that prohibit new businesses from opening if they already exist within a certain radius (city zoning ordinance). For example, you can't open a dental office in San Francisco if one is already open nearby.