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That lawyer's advice about liquidated damages nearly cost me $8k
My buddy who does real estate law told me to just sign the commercial lease with the liquidated damages clause as-is, said it was standard. 3 months later the landlord used it to charge me for 6 months of rent when I had to break early for a plumbing disaster. Has anyone actually negotiated those clauses down successfully, or do landlords just laugh at you?
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emma_lee222mo ago
Did your buddy actually read the clause before telling you it was standard, or did he just skim it? Seems like a big detail to miss if he's the one who's supposed to know this stuff.
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