Get the free COMMERCIAL RENTAL AGREEMENT

COMMERCIAL RENTAL AGREEMENT MonthtoMonth Tenancy Prepared by: Agent Broker Phone Email NOTE: This form is used by a leasing agent or landlord when space in a commercial property is rented by a tenant

How to fill out commercial rental agreement

1. Begin by obtaining a commercial rental agreement form. This can be acquired online, from a real estate agent, or from a legal service provider.
2. Carefully read through the entire agreement, paying close attention to any clauses or terms that may require further clarification or negotiation.
3. Fill in the names and contact information (address, phone number, email) of both the landlord (lessor) and tenant (lessee) in the designated sections of the agreement.
4. Specify the length of the lease term. This could be a fixed term (e.g., one year) or a month-to-month agreement.
5. Clearly state the rental price and how it will be paid (monthly, quarterly, annually) along with any applicable late payment fees or penalties.
6. Outline the security deposit amount required from the tenant and the conditions for its return at the end of the lease term.
7. Include any additional fees or charges, such as utilities, maintenance, or property insurance, and clearly define who is responsible for their payment.
8. Establish any restrictions or conditions that may apply to the use of the rented space, such as limitations on alterations or subleasing.
9. Specify any terms related to the termination of the lease, including notice periods required by both parties and any penalties for early termination.
10. Add any addendums or attachments to the agreement that detail specific rules or conditions that are unique to the property or the tenant's business.

Who needs a commercial rental agreement?

1. Business owners who are looking to rent a commercial space for their operations.
2. Commercial property owners who wish to lease out their property to a tenant for business purposes.
3. Real estate agents or brokers who are involved in facilitating commercial lease agreements between landlords and tenants.

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