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Commercial Lease Agreement


Overview
- The Commercial Lease Agreement is used to lease a part of a building to a tenant for commercial purposes.
- The Commercial Lease Agreement allows a building owner to lease a part of the building to a tenant for commercial purposes.  This lease agreement form is not designed for use with residential property or with warehouse or other industrial use property.
- This is a simple commercial lease.  If you are contemplating a lease which provides for payment of common expenses or a portion of sales, be sure to consult an attorney in advance.
- While the terms of this lease are common to many leases, this lease has been drafted to protect the landlord.  Please keep this in mind if you are the tenant.  
- The law requires that agreements regarding an interest in real estate must be in written form to be enforceable.  In addition, a written lease helps to clarify for the tenant and landlord the extent of their obligations to each other.
- A written lease agreement also provides the opportunity for the property owner to clearly establish rules and regulations of a general nature that are applicable to all tenants in the building.  
- As with any complicated written agreement, consult with your attorney should you have any questions regarding your rights and obligations as either a landlord or a tenant.

When You Need It
- To lease a part of a building to a tenant for commercial purposes.


Getting Started

You will need:
- Name and address of the tenant.
- Name and address of the landlord.
- Details of the agreement, including the location of the property, the effective and termination dates of the lease, amount of annual rent, amount of security deposit and any renewal options offered.

When to Review and Revise 
- To correct the information contained in the agreement.
- To draft another Commercial Lease Agreement.