Question

what benefits can you see for both the landlord and the tenant for extremely long leases? what are the risks?

Answer 1

Every product / situation have their pros and cons whether they are hidden or apparent in nature.

In case of extremely long leases the benefit joiced by both the tenant and landlord are:

1. Planning for future: Both tenant and land lord can plan for future well. As they are going to be associated longer

2. Lower cost and easy negotiations: Regular tenant- ladloard relationship  will lead  easy negotiations and lower rental increase.

Risk are:

1. Abeyance in Negotiations: Negotiations in rentals take time and cause non occupancy of property for longer period.

2. Longer period of contract: Lead to less mobility or transfer of property