Commercial Lease Agreement Terms
Our Charleston corporate lawyer frequently draft, prepare, and review commercial lease agreements for our clients. We have been able to identify and list below some examples of critical terms in commercial lease agreement:
This paragraph generally sets forth the names, addresses, and types of business entities of each party to the lease agreement.
Use Of Premises:
This paragraph states the permitted uses of the Premises.
This paragraph generally specifies the date on which the lease term is expected to begin, the date on which the lease term will actually begin, the date on which the lease term will end, and the duration of the lease agreement.
Additional Rent (Net Lease):
This paragraph generally incorporates the net lease concept whereby tenant pays its proportionate share of real estate taxes and building operating expenses.