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What Is a Commercial Lease?
A commercial lease is a type of contract between a landlord and a business to use the property for the purpose of running the business from that property. Businesses typically pay the landlord rent in exchange for usage of the property. Entering into a commercial lease agreement as a landlord or tenant is an enormous undertaking that can make or break your business. Whether you are a landlord or a tenant, you will need to negotiate the terms of a commercial lease. It is important that you understand the lease provisions before signing.
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