A commercial lease is an agreement or contract between a landlord and tenant that outlines the terms and conditions for use of the rental property for business purposes. When compared to residential agreements, these are more sophisticated because they often involve business entities such as corporations and limited liability companies and guaranties of fulfilled lease terms.
These leases will usually include the parties to the agreement, the period or term in months or years of the lease, start and end date, rental amount, security deposit, any personal guarantees and other important terms and conditions both parties must follow.
Having an experienced attorney draft and review your commercial lease can save you both time and money. At James G. Dibbini and Associates P.C. We guide our clients through the process in an effort to ease some of the difficulties that come across during proceedings. Drafting of lease agreements must clearly spell out all the rights and responsibilities of the parties and account for possible scenarios that may arise throughout the contract’s duration.
James G. Dibbini & Associates, P.C. have over 20 years of experience efficiently handling drafting and negotiating leases. Call us today at (914) 965-1011 to get started in obtaining assistance with your new tenancy.