Generally speaking, there are three (3) main types of commercial leases that a landlord and tenant can take out. “Types” of leasing refer to how rental costs are determined. The types are “gross”, “net (includes three subtypes)” or “modified gross”, ☐ owner does not have the exclusive right of the tenant to use the common area of the property, like all other tenants or residents of the property. The term “common space” refers to all areas and improvements to the property that are not rented or kept for rent to tenants. The Community area shall be subject at all times to the exclusive control and management of the lessor and the lessor shall have the right to change the sizes, locations, shapes and provisions of the Community area from time to time. limit parking by tenants and other tenants to designated areas; and to carry out and carry out such other acts within and within the Community framework and to adopt, amend and enforce such rules and requirements as the lessor deems advisable at its discretion. The owner must keep the common area in good condition and reasonably free of debris. A commercial lease is a contract between a lessor and a business owner that sets the terms for a rental of real estate. If you are renting your property for commercial purposes, protect landlords and tenants with our template for a free commercial lease.
Simply fill out the attached form with the owner and tenant details, add your individual business terms, and our template automatically generates PDF agreements – instantly downloadable, printable and divisible on any device.