Create your Commercial Lease Agreement
Frequently Asked Questions
What is a commercial lease?A commercial lease is a binding contract which allows a tenant the right to use the landlord’s property for a business or commercial activity in exchange for rent. Additionally, the lease outlines the rights and responsibilities of the landlord and tenant during the lease term.Why do I need a written lease?A lease provides clarity. It clearly outlines the boundaries and responsbilities for both the landlord and the tenant. Moreover, the problem with oral agreements is that they can be difficult to enforce. In a dispute, a court hears evidence to decide whose version of the story to accept. If there is a written agreement, the courts are generally obligated to uphold the terms of the written agreement.