Commercial Lease Agreement - EXPLAINED

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Commercial Lease Agreements involve the owner of commercial property and a company wishing to rent the property for business purposes.

These lease agreements are typically longer than standard residential leases and are customarily arranged for 3-5 years. Some components a Commercial Lease Agreement covers are:
- How the space is to be used;
- The monthly rent;
- Required state clauses and disclosures;
- Options to renew or purchase; and
- How utilities will be paid.

Since Commercial Lease Agreements are long-term contracts, they should be comprehensive and well-detailed.

Disclaimer: This video is strictly for educational purposes and is in no way intended to provide legal advice. We do not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information on this video is strictly at your own risk, and we will not be liable for any losses and damages in connection with the use of our videos.

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0:00 Intro:
0:20 Types Of Commercial Lease Agreements:
0:38 Types Of Commercial lease Agreements:
0:57 Essential Terms In A Commercial Lease Agreement:
1:09 A Commercial Lease Agreement Should Include:
2:03 Why Should I Consider Leasing A Commercial Office Instead Of Buying It:
2:30 Required Clauses:
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You shed light on these terms for me! Thank you! A very useful video and information! :-)

mirlana
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thank you that put me on the right track

RanouttaTalent