A Commercial Building Lease is an agreement between a tenant and a landlord that grants a tenant the right to use a commercial property for a specific period of time in exchange for rent. This type of lease is often used when businesses are looking for a space to lease for their operations. There are two main types of Commercial Building Leases: Gross Leases and Net Leases. A Gross Lease is when the tenant pays one fixed monthly rent for the space, and the landlord pays for all operating expenses such as taxes, insurance, and maintenance of the building. A Net Lease is when the tenant pays a base rent plus additional costs for taxes, insurance, and maintenance of the property. The tenant is responsible for their own utilities. Both of these types of Commercial Building Leases are subject to negotiation and can be customized to meet the needs of both parties.
Commercial Building Lease
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