Third-party Lease Review

The surprise is that the manufacturer’s leasing department is often happy to negotiate the terms of the lease, particularly with another professional who understands what the gobbledygook actually means.

There are two other opportunities to negotiate a lease agreement after it has been signed and is in force. The first is during the due diligence of a merger or acquisition and involves the leases of the firm to be acquired. The second is a lease of a firm undergoing foreclosure. Under both of these circumstances the equipment manufacturers have been reported to be eager to discuss more amenable terms.