ContractsCounsel has assisted 218 clients with lease agreements and maintains a network of 168 real estate lawyers available daily. These lawyers collectively have 23 reviews to help you choose the best lawyer for your needs.
The average cost (i.e., legal fees) for a lawyer to draft a lease agreement is $590 [1] on a flat fee basis. The average cost for a lawyer to review a lease agreement is $610 [2] on a flat fee basis. These cost points come from recent projects on the ContractsCounsel platform and are averages from across all US states.
Based on 38 recent projects completed by lawyers on ContractsCounsel.
Last updated: 19 August, 2024
Create Lease Agreement Review Lease Agreement Buy TemplateA lease agreement is a legally binding contract between a property owner, called the landlord, and a person who rents the property, referred to as a tenant. The lease agreement lays out the terms and conditions under which the tenant can use the property and how much the landlord will charge for the use of their property.
There are two main categories of lease agreements:
Residential lease agreements are used when a tenant wants to rent a living space from a landlord. This can be:
Commercial leases are used for renting space to run a business like an office space or brick and mortar store.
A lease agreement is an important document for both the landlord and the tenant. This contract lays out the rights and responsibilities of each party and protects each party for certain liabilities. A well-drafted lease agreement will help facilitate a successful business relationship and avoid disputes.
The landlord typically drafts lease agreements, and many landlords choose to hire an attorney for this job. An attorney will know what terms and conditions must be included in the lease and ensure that the contract adheres to all state and local laws regarding lease agreements.
The terms and conditions in a lease agreement will vary based on the type of lease. For example, a residential lease must include different information than a commercial lease.
Lease agreements are also negotiable and customizable. Landlords and tenants can add custom terms where they see fit.
Although lease agreements will vary from property to property, all lease agreements should include the following basic information:
Additional terms and conditions can be added to any lease. An attorney with experience drafting leases will know what terms and conditions should be added to protect the landlord and the tenant.
There are several types of lease agreements, and each one is used for a different kind of property or rental situation.
Common types of lease agreements include:
Consult with your lease agreement lawyer if you are unsure what type of lease agreement is right for your rental.
Meet some lawyers on our platformIt is recommended that a landlord hires a lawyer to draft their rental lease agreement. Any mistakes or omitting a necessary clause could open a landlord to legal and financial liability.
An attorney with experience drafting lease agreements will know which clauses must be included to protect the landlord’s interests and avoid disputes.
When drafting a lease agreement, a lawyer will consult with the landlord to learn about the property and what conditions the landlord wants to include. Then, a lawyer can guide the best type of lease for the landlord’s rental and any additional clauses that need to be included.
When tenants sign a lease agreement, they take on a large responsibility. A good rule of thumb with contracts is that they most often favor the drafter – in this case, the landlord. A tenant may want to hire an attorney to review the lease agreement before they agree to sign.
A tenant’s lawyer will review the lease in the tenant’s best interests. The lawyer can even negotiate on the tenant’s behalf to ensure that all terms and conditions are fair and legal.
Lease agreement drafting costs can vary based on:
ContractsCounsel’s marketplace data shows the average lease agreement drafting costs are $590 across all states.
When tenants hire an attorney to review a lease agreement, they will be responsible for their legal fees. The lawyer will charge for their time reviewing the contract, suggesting edits, negotiating, and meeting with the client.
ContractsCounsel’s marketplace data shows the average lease agreement review costs are $610 across all states and industries.
Lawyers in all legal fields commonly use hourly rates. Under an hourly rate fee structure, the lawyer will provide a client with their hourly rate. If the client agrees, the lawyer will begin working on the task while keeping track of their billable hours.
At the end of the job, the lawyer will bill the client for the total number of hours spent working on the case.
The marketplace data for ContractsCounsel shows that the average hourly rate for a lease agreement lawyer ranges from $200 - $350 per hour.
A flat fee rate is a more straightforward way to bill clients. Instead of charging hourly, the lawyer will quote the client a total fee for all legal services associated with the specified project. This fee is typically paid upfront before the lawyer begins work on the case.
Clients should be sure they understand what services are included in the flat rate fee. For example, suppose the lease agreement requires revisions or the client requests additional meetings with the attorney, this extra time may not be included in the fee, and they could be subject to more legal expenses.
ContractsCounsel's marketplace data shows the average flat fee rate for a lease agreement is $600.
Do you need help with a lease agreement project? If so, post a project in ContractsCounsel’s marketplace to receive flat fee bids from real estate lawyers to handle your project. All lawyers on the ContractsCounsel’s platform are vetted by our team to make sure you are provided with top tier service.
ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.
Rhea de Aenlle is a business-savvy attorney with extensive experience in Privacy & Data Security (CIPP/US, CIPP/E), GDPR, CCPA, HIPAA, FERPA, Intellectual Property, and Commercial Contracts. She has over 25 years of legal experience as an in-house counsel, AM Law 100 firm associate, and a solo practice attorney. Rhea works with start-up and midsize technology companies.
Transactional and Employment Attorney and Small Business Owner. I do inside counsel work from the outside. I demystify the law for my clients.
Corporate attorney with 14+ years of in-house counsel, people leadership and client management experience. Provides legal expertise and a business-oriented approach to problem solving and building lines of business. Consistently works under pressure, prioritizing and managing workload and simultaneous tasks to meet deadlines in a changing, fast-paced environment.
My name is Ryenne Shaw and I help business owners build businesses that operate as assets instead of liabilities, increase in value over time and build wealth. My areas of expertise include corporate formation and business structure, contract law, employment/labor law, business risk and compliance and intellectual property. I also serve as outside general counsel to several businesses across various industries nationally. I spent most of my early legal career assisting C.E.O.s, General Counsel, and in-house legal counsel of both large and smaller corporations in minimizing liability, protecting business assets and maximizing profits. While working with many of these entities, I realized that smaller entities are often underserved. I saw that smaller business owners weren’t receiving the same level of legal support larger corporations relied upon to grow and sustain. I knew this was a major contributor to the ceiling that most small businesses hit before they’ve even scratched the surface of their potential. And I knew at that moment that all of this lack of knowledge and support was creating a huge wealth gap. After over ten years of legal experience, I started my law firm to provide the legal support small to mid-sized business owners and entrepreneurs need to grow and protect their brands, businesses, and assets. I have a passion for helping small to mid-sized businesses and startups grow into wealth-building assets by leveraging the same legal strategies large corporations have used for years to create real wealth. I enjoy connecting with my clients, learning about their visions and identifying ways to protect and maximize the reach, value and impact of their businesses. I am a strong legal writer with extensive litigation experience, including both federal and state (and administratively), which brings another element to every contract I prepare and the overall counsel and value I provide. Some of my recent projects include: - Negotiating & Drafting Commercial Lease Agreements - Drafting Trademark Licensing Agreements - Drafting Ambassador and Influencer Agreements - Drafting Collaboration Agreements - Drafting Service Agreements for service-providers, coaches and consultants - Drafting Master Service Agreements and SOWs - Drafting Terms of Service and Privacy Policies - Preparing policies and procedures for businesses in highly regulated industries - Drafting Employee Handbooks, Standard Operations and Procedures (SOPs) manuals, employment agreements - Creating Employer-employee infrastructure to ensure business compliance with employment and labor laws - Drafting Independent Contractor Agreements and Non-Disclosure/Non-Competition/Non-Solicitation Agreements - Conducting Federal Trademark Searches and filing trademark applications - Preparing Trademark Opinion Letters after conducting appropriate legal research - Drafting Letters of Opinion for Small Business Loans - Drafting and Responding to Cease and Desist Letters I service clients throughout the United States across a broad range of industries.
