Dear Landlord/Broker,
I have reviewed the proposed lease for [Property Address] and have a few concerns regarding the risk allocation. We are excited about the location but need to address a few critical items to proceed.
1. Relocation (Section 14.02): The current clause allows you to move us with only 30 days' notice. Given our build-out investment, we cannot accept this risk. We request this be removed, or at minimum, require 120 days' notice and full reimbursement of relocation costs.
2. Personal Guaranty (Exhibit C): We are requesting a "Good Guy Guaranty" or a rolling cap of 12 months, rather than an unlimited guaranty.
3. Operating Expenses (Section 4.02): We need a 5% annual cap on controllable operating expenses and clear exclusions for capital improvements (like roof replacement).
Please let me know if these terms are acceptable or if we can hop on a quick call to discuss.
Best regards,
[Tenant Name]
[Business Name]