Faroe Law has commercial lease experience, acting for both landlords and tenants.
We assist our clients during negotiations on concluding the lease and in drafting the commercial lease contract. We draft the documents necessary for assignment of the lease as part of a business ownership transfer.
In connection with assignment of commercial properties, we assist in making a legal assessment of the lease portfolio.
We provide assistance in connection with rent adjustment at market level and their related court cases. Faroe Law also deals with possession and repossession proceedings.