The clauses to note before inking a co-tenancyagreement
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Nairobi, July 6 -- During Covid-19 while many businesses were downsizing by laying off staff and giving up their office space, a friend of mine seemed to have expanded by taking up a bigger office space.
"What is your secret, "I asked her as I congratulated her on the expansion.
"I have rented this big premises with another business and we pay the rent jointly, in the long run, it is cheaper than what I was paying," she excitedly told me.
Co-tenancies are an innovative way through which businesses can establish their office premises. They allow businesses to access premises they would have otherwise not been able to on their own.
With co-tenancy, two or more tenants lease out the same office premises from the same landlord.
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