Commercial Leases are used when any commercial landlord wishes to lease its commercial real estate (such as a store, office, warehouse, etc.) to a potential tenant. A written Commercial Leases Agreement is designed to document the terms and condition of the lease agreement between the landlord and tenant, and will help avoid possible misunderstandings and problems in the future. If a dispute or misunderstanding does take place dealing with issues such as rent, lease term, repair policies, etc., a Commercial Leases will prove useful for clarification purposes or as evidence, in the event a dispute escalates to formal legal proceedings or Alternative Dispute Resolution.
It is important to note that a Commercial Leases are significantly different than a residential leases, in both form and substance as well as the laws in the State of Arizona.
If you are entering into a Commercial Lease Agreement, a properly drafted document will provide you peace mind because it is legally accurate, current, simple to use, and especially created for this type of transaction. The following are, among others, important provisions that should be included in all Commercial Leases:
For further tips, read our blog on commercial leases.
The attorneys at Giordano & Heckele, PLLC assist both commercial landlords and tenants negotiate and prepare Commercial Leases. For assistance, contact us at (520) 433-9031.or at [email protected]