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Home Q&A Forum What is a commercial lease agreement and how does it work?

Commercial Real Estate

Commercial Lease

California

Asked on Apr 25, 2023

What is a commercial lease agreement and how does it work?

I am a business owner interested in renting a commercial space for my business. I am trying to understand the details of a commercial lease agreement and how it works so I can make an informed decision about whether or not to sign a lease. I am looking for information about the terms, conditions, and other relevant details that could affect my business.

1 Attorney answer

Answer

Commercial Real Estate

California

Answered 466 days ago

MICHAEL B.

ContractsCounsel verified

Business Lawyer
Licensed in California
Free Consultation

A commercial lease agreement sets out the parameters of the space to be leased, including a description of the premises, an allocation of responsibilities for janitorial services, electrical services, tenant improvements, insurance requirements, payment of rent and payment of common area expenses, parking for employees and visitors, telephone and telecommunication services and many other issues.

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