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If you haven't negotiated a garage lease recently, you may find that there are numerous matters that you must pay particular attention to during negotiations. Unlike most commercial leases, garage leases contain an array of unique issues that are not commonly encountered in a typical leasing transaction, says New Jersey real estate attorney Mark Morfopoulos. “It would be a big mistake to assume a garage lease is ‘just a lease,’” he warns.
To avoid overlooking a key issue, Morfopoulos suggests negotiating the following 13 provisions in your garage lease.
