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Why is Everyone Asking Me to Sign a 3-Year Lease?

Real, honest answers to the office-search questions that can't be Googled: 3-year lease norms, rent increases, move-in obligations, and more.

Why is Everyone Asking Me to Sign a 3-Year Lease? — Blog Header
Real, honest answers to the office-search questions that can't be Googled: 3-year lease norms, rent increases, move-in obligations, and more.

Finding a new office can be tricky, and there are plenty of questions that simply can't be Googled. We compiled the FAQs TenantBase hears most often to give you honest answers about why everyone's asking you to sign a 3-year lease, and more.

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Why is everyone asking me to sign a 3-year lease?
Three years is a pretty standard time for your landlord to ask you to commit. Wait until your business has at least one birthday before you sign a three-year lease, just so you're sure.
Is my landlord allowed to raise the rent?
The answer depends on whether you have a lease or a rental agreement, and its exact language. If your lease includes rent increases, your landlord may raise your rent. If it doesn't, your landlord isn't permitted to. Make sure to check before you sign.
Do I really have to paint the walls before I move in?
You might. Most landlords just have to meet the standard of habitability, meaning it can't be lead-based, chipped, or peeling. Beyond that, you're typically on your own, so check your lease and see if painting is included.
What happens if the model unit doesn't look like the one I rented?
Don't settle for just looking at the model. Make sure to ask to see the actual space you're renting. If you get to your space and there are repair problems, your landlord has the obligation to fix them. Feel free to ask your TenantBase advisor for guidance while you're touring.
Do I still have to give notice if my lease is ending?
Yes. You should always give notice as a courtesy to your landlord, per the terms of your lease.
How do I move all my stuff?
It can be difficult and overwhelming to move all your belongings from your old office to your new one. Luckily, you don't have to do it alone. A dedicated relocation service can handle the heavy lifting, and much of the stress, during your transition.
How much office space do I actually need?
The general rule is 150 square feet for a standard office and 25 square feet for a standard cubicle, per person. Every business has its own individual needs though, so if you want the right dimensions for your team, consider hiring a space planner.
Should I rent what I need now or what I expect to need in the future?
Rent what you need! It's difficult to project what you'll need in the future. If you rent too much space, you could end up paying extra for empty desks. That's why it's worth analyzing and discussing how long you think you'll actually need the space. A 3-year lease can be shorter, or longer, than you think.
So... can I bring my dog?
Talk to your landlord and your boss about whether Fido can become your colleague. Every landlord is different!

Still weighing whether 3 years is actually the right term for your business? Our full breakdown covers short, standard, and long-term leases in depth.

See also: Deciding on the Right Commercial Lease Term Length →

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