Lease Options During Covid-19: Your Questions Answered
As the COVID-19 pandemic continues to impact our health and economy, many lessees are looking for ways to reduce their expenses – rent being at the top of the list. LeaseQuery’s CEO and Founder, George Azih sat down with Commercial Real Estate Broker and Managing Partner at Scotland Wright Associates, Michael Tucker, to discuss lease options businesses have during this time.
A few things Michael, Chris, and George chat about during this video Q&A include:
- Insurance and government relief opportunities businesses are able to apply for
- How to negotiate rent and lease contracts with your landlord
- What to expect when it comes time for renewal options
- What are the accounting impacts based on your decision