A Maryland commercial lease agreement is used for commercial property owners (retail, office, and industrial space) located in Maryland to collect monthly payments by renting their property to a tenant. There are two (3) major types of contracts; Gross Lease – The tenant pays a set monthly payment and the landlord covers all utility costs associated with the property. Modified Gross Lease – The tenant…

A Massachusetts commercial lease agreement is a real estate contract presented to a tenant that intends to occupy a commercial space for business use. Unless the tenant is looking to take the space “as-is,” the landlord may have to invest some money into the property to remodel and give the lessee a “vanilla box” shell to operate. Whether it is an office, retail, or industrial…

An Illinois commercial lease agreement is a legal document that allows a property owner (landlord) to rent commercial/industrial property to a willing lessee (tenant). Before executing the contract, the parties must negotiate the rental conditions such as the lease term, monthly payment, security deposit (if any), late fees, and property expenses. Large and/or complex companies may benefit from outlining the major details of the lease…

A Virginia commercial lease agreement is a document that property owners/managers can use to bind a tenant into a legal agreement to rent a space for business purposes. The tenant may be an individual or business entity and the property may be used as industrial, retail, or office space. The lease agreement must be drafted to suit both parties involved, and the breakdown of the…

An Oklahoma commercial lease agreement is a binding contract that relays the details of a rental arrangement between an owner/landlord of commercial real estate (retail, office, industrial space) and a business entity wishing to conduct business on the premises. The two parties can negotiate the terms and conditions of the agreement before drafting the lease and signing it before a notary public. Generally speaking, a…