If you own commercial property that you lease out to someone else, you may not care much about what it looks like or how it functions. As the property owner though, you are the one in charge of setting rules for your office buildings. This is a lot like what a homeowner’s association would do for a neighborhood, only this time, everyone is in one enclosure. Here are some tips for setting rules for your office buildings.
You can determine how people advertise on your property. Where can they put up their signs? Is there a limit to the size of sign they can put on display? Can they change the façade of the building at all to mimic their logo? These are all questions you need to ask yourself. In the case of a strip mall, you may want all of the businesses to maintain a certain style of advertising so the place looks uniform. Then again, you may not care as long as it looks clean and professional.
You can set rules for what goes into the windows of your businesses. For example, if you do not want lingerie on display in your store windows, you can set rules for that in your leasing contract. If you want every one of the stores in a mall to have a Christmas display for the holiday season, then you can actually include that in the contract as well. Try not to be too demanding in this regard, but feel free to set logical rules about displays on your commercial property.
Hopefully your lease holders will keep your property clean on their own, but you may want to have rules in place just in case. This could discuss lawn care, trash, shopping carts, power washing, and whatever else you may want to include. Let your renters know what you expect out of their cleaning efforts, and they will abide accordingly.
If you do not want to have alcohol or tobacco products on your property, make sure you have that information in your contract. You can avoid these products by being selective with the stores and restaurants you allow in your commercial real estate, but even a basic store may have wine for sale. Identify any products that you do not want sold on your property, and include that information in your leasing contract.