Commercial Lease
Commercial leases are intended to be used by Parties leasing property for business related purposes. Commercial leases can be used to dictate the terms and conditions of various types of commercial properties, including office space, warehouse space, manufacturing facilities, and unimproved property. The key terms of a commercial lease include:
The key terms of a commercial lease include
a. The Parties that may posses the premises;
b. The use of the premises
c. The Parties respective liabilities
d. The Parties respective rights and obligations
e. The term and renewel option of the lease
f. The assignment and sublease rights of the Parties.