What are some tips for writing a commercial lease agreement?


Quick Answer

Commercial leases differ from residential leases in several ways, so it is important to include elements such as the property's permitted uses and the tenant's responsibilities with maintenance and insurance, according to RocketLawyer. General advice for writing a commercial lease agreement includes using clear, easily interpreted language to write the lease, including language that clearly states factors such as the monthly rent amount and the date on which that amount is expected to be paid. Other factors to describe in unambiguous terms include the duration of the lease, including a specific start date and end date, and the specific security deposit amount.

Continue Reading
What are some tips for writing a commercial lease agreement?
Credit: dardespot iStock / Getty Images Plus Getty Images

Full Answer

It is generally a good idea to organize a lease into sections that cover each relevant topic area. For example, it is a good idea to describe the condition of the leased property in the lease agreement, but that information may not be best explained in the same paragraph as a discussion of the tenant's responsibility to keep the property clean and in good repair.

One very important element in writing a commercial lease is making sure that everything in the lease is legal, according to AllBusiness. It may be a good idea to have a lawyer either draft or read over the lease if it is pre-written.

Learn more about Real Estate

Related Questions