Joshua - right on about a Membership Agreement/License vs leases! It may be
that the Master Lease withe the Landlord would legally state the right to
allocate space to other businesses and must be stated as subleasing. That
said, that's where the attorney's expertise comes into play as to the
Hi Joshua,
My next step is to create a great membership agreement.
What are the important points to cover?
Are there any coworking owners out there willing to share?
Thanks,
Brian Burgett
On Mon, Jun 18, 2018 at 11:29 AM, Joshua Webb wrote:
> First of all DONT sign leases with your office
member agreement = license agreement!
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On Mon, Jun 18, 2018 at 11:29 AM,
Hi Wendy,
Thanks for the input!
I am working with a broker. I have a great lease. I was just concerned
about putting the right language in for the sublease clause. My attorney
came up with some great language even though it is his first coworking
lease review. It is very similar to what you have
Agreed, I am a commercial broker and not just a partner in the coworking
biz, and gave him per his email the exact information he nees for the
higher sentiment of his scenario and things to do as a tenant vs an
operator biz-owner.
See my email from a few days ago, but the landlord either knows
First of all DONT sign leases with your office holders. This will make your
life a living hell if ever have to remove someone for not paying. Make them
sign a member agreement (it resembles your rights to like a hotel room)
they get to use the space but the tenants rights remain with you.
Ok to
Hi Brian
if I may be so bold, sounds like you are not working with a commercial real
estate broker. They would be able to do the first phase of this language
for you in the negotiation as this is material to the business. This can
then be viewed by your attorney when it reaches the lease
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