Simple Commercial Tenancy Agreement Template
Commercial leases are not really subject to the consumer protection laws that govern residential leases. For example, there are no rules for protecting the tenant`s privacy and there is no cap on sureties. Fixed date rental: this type of leasing indicates the exact end date of the rental agreement. This is advantageous for both parties, as the duration of the lease is fixed in advance, the rent cannot be increased during this period, and no changes to the lease can be made unless the lessor adds a clause in the rental agreement and the tenant agrees. The long version of this contract is more complete and allows precise specifications on the rental conditions. The abridged version is a more general rental agreement and does not contain clauses or conditions that are not strictly necessary. The agreement should include the description of the leased property as part of the lease agreement. If neither party objects, the lease would simply be extended for an additional 12 months. . .