Commercial Lease Agreement Description & Requirements :-
~A lease agreement or a rental agreement is a vital legal document that should be completed prior to a landlord renting property to a tenant.
~While both agreements are similar in nature, they are not the same and it is important to understand the differences.
~A lease agreement is a contract between a landlord and a tenant that covers the renting of property for long periods of time, usually a period of 12 months or more.
~The lease agreement is very specific in detailing the responsibilities of both parties during the lease and it includes all the necessary information to ensure that both parties are protected.