Free commercial property lease agreementCommercial Lease Agreement • June 4th, 2023
Contract Type FiledJune 4th, 2023A Commercial Lease Agreement is a document outlining the responsibilities of a Landlord and Tenant when a commercial property is being rented. A Commercial Lease Agreement acts as a legally binding contract which allows a business the right to occupy the Landlord's property for business or commercial activities in exchange for paying rent. The Lease includes basic information about the property, as well as providing an opportunity for both parties to specify their rights and responsibilities under the Lease. Commercial Leases can be short-term, for as little as a few months, or long-term, for multiple years. Commercial Leases generally fall into two categories: (1) a business renting a portion of the Landlord's building that houses multiple commercial tenants or (2) a business renting an entire building from a Landlord. How to use this document This Lease Agreement allows both parties to set forth all of the required facts and obligations necessary to rent out a commercial property.