Common Contracts
1 similar Commercial Lease Agreement contracts
Apartment lease agreement templateCommercial Lease Agreement • March 28th, 2021
Commercial leases, such as shop leases, involve concerns that are different from those of residential leases. Tenant costs are usually much higher, the duration of the lease is often longer and commercial landlords typically restrict the use of the property more than residential landlords do. State law also plays a role in how such an agreement should be drafted. The rental property should be clearly described in unambiguous language. In many cases, the tenant will be renting part of a building along with shared use of common areas. The parties should also be identified by their legal names. In many shop lease agreements, one or both parties are companies, such as corporations or limited liability companies (LLCs). In this case, the company should be listed by its legal name, not its trade name. Since individual representatives rather than companies sign agreements, the signature line should clearly indicate that the representative is signing on behalf of the company, so that he will n
