commercial lease agreement is a legal and written contract between a commercial landlord and a commercial business tenant. There is no standard commercial lease, as every lease can differ depending on the lease terms. These contracts are different from residential lease agreements and require certain terms and rules to be viable, such as the inclusion of incidental expenses like insurance and property taxes. Commercial leases are less regulated than residential leases, offering more flexibility concerning lease negotiations. When signing a commercial lease, you should be aware of the different priorities of renting a commercial space, such as the square foot of the space, zoning laws, and property tax rates. net lease is used when the business tenant pays the rent plus property taxes, while the landlord pays for all other expenses.
What Is a Commercial Lease Agreement, and When to Use One?
