The Importance of Lease Agreements for Tenants in the Operation of a Nonprofit

Nonprofits face unique challenges with respect to space. Some nonprofits serve a specific community and need to be located in a particular area to effectively serve their mission. Others receive monetary assistance from third parties and availability of funds might be dependent on factors outside of their control. When renting office, warehouse, and other types of space, common legal questions include:

  • Why do we need a lease agreement?
  • What key terms are important for our organization?
  • During the COVID-19 pandemic, our needs and funding have changed. How can we get out of our lease or defer rent?

Read the full article for more information and ways in which PBPO can help.

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