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Shop Rental Agreement Format Word

In this way, signatures will be proven and the agreement will be much more likely to be brought to justice if its legality is ever called into question. A commercial lease is a contract for the lease of retail, office or industrial premises between a lessor and a tenant. The tenant pays a monthly amount to the lessor in exchange for the right to use the premises for commercial purposes. Commercial leases are usually longer than housing types, between 3 and 5 years, and it is common for the tenant to have renewal options at predetermined monthly payments. A commercial lease is a formal document between a landlord and a tenant to rent commercial real estate….