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Office Lease (insurance cost)

Dinny76 · 2014-09-02 12:56:29

Guys, We are moving office and have found a suitable place. I just received a copy of the lease, on it there is monthly rent, service charge for the estate, rates and also an extra €33 per month. He explained this as insurance for the building and liability for visitors etc. Is it normal for that the tenant pay this. I am…

02-09-2014 12:56pm

#1

Dinny76

Registered Users, Registered Users 2 Posts: 33 ✭

Join Date: April 2009

Posts: 24

Guys,

We are moving office and have found a suitable place.
I just received a copy of the lease, on it there is monthly rent, service charge for the estate, rates and also an extra €33 per month. He explained this as insurance for the building and liability for visitors etc.
Is it normal for that the tenant pay this. I am not to familiar with commercial leases.

Any help appreciated

Thanks

Dinny

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Comments

#2 02-09-2014 1:14pm

pedroeibar1

Closed Accounts Posts: 5,108 ✭✭✭

Join Date: January 2010

Posts: 4976

It differs regularly. Insurance should be arranged - either the landlord does this and gives you proof that he has doneso or he asks you to do it and give him a copy of the policy. If it is a multi-tenant building it would be usual for him to arrange it.

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