Sample illinois commercial lease agreementLease Agreement • June 17th, 2023
Contract Type FiledJune 17th, 2023The Illinois commercial lease agreement is a written contract used to rent an office, retail, or industrial space. This document establishes the terms and conditions associated with renting the space and is usually longer than a standard residential lease agreement because commercial properties are significantly more expensive to maintain. It is a legally binding contract between a landlord who owns a commercial property and a tenant who wishes to rent the commercial property with the intention to operate a business.