Commercial Lease Agreement

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Sign a commercial lease before renting an office space

Want to rent a commercial real-estate space for a restaurant or an office? Then you have to prepare, a commercial Lease Agreement. This agreement is made between the landlord and the tenant. After making the agreement the tenant has all rights to make best use of the property for their business needs by complying with the rules in the agreement. The real-estate agent would act as intermediary between landlord and tenant while making an agreement. This agreement includes the tenant information, lease period, amount paid, rental amount to be paid every month, and other information that has to be included in the lease. This agreement includes all the clauses and terms accurately. This type of agreement is made while renting a real-estate property to the tenant for a long time to use for business purpose.

This type of lease agreement is used when a person who invest in real-estate and wishes to rent the workspace for offices or other businesses and own a warehouse that they would like to lease it to industries.

Here are a few real-estate commercial properties that are given for commercial lease

Office space: Generally, the blocks in the building are rented for different offices that are in different professions and trades. Usually, office space is given to legal firms, legal offices, etc.

Restaurants and retail stores: This type of commercial space is given for shopping malls. Examples of stores rented in these malls include clothing stores, restaurants, jewelry stores, etc.

Industrial: This type of industrial space is given for warehouses, factories that manufacture various products and other businesses.

However, while leasing a property, the landlord has various things to check such as ensure that the property satisfy the needs of the tenant, ask the tenant about the type of business he/she wants to run, the landlord has to tell how well the property can be used, check the parking space, lease duration, etc.

 

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