Other Names: Commercial Real Estate Lease Agreement Commercial Lease Contract Commercial Property Lease Business Lease Office Space Lease Commercial Lease Agreement Commercial Lease Form Commercial Rent Agreement
A Commercial Lease is a legal agreement between a landlord and tenant for renting a property for commercial or business purposes. Commercial Leases cover a variety of business locations, including office space, restaurants, retail space, industrial real estate, warehouses, and more.
Regardless of the type of business, Commercial Leases (sometimes referred to as Business Leases as well) include important details about the obligations and conditions of each party, such as the length of the lease, the amount and due dates of rent, and the permitted uses of the leased property.
In addition, a Commercial Lease may contain more specific clauses that outline who is responsible for property taxes, property insurance, and utilities. Landlords may also want to include terms related to the termination of the lease, such as the notice required for termination or what happens if the property is sold.
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