What should be included in a commercial lease?
Although several pre-prepared templates are available on the internet, these formats might miss out on a few case-specific points that could be beneficial to your cause. It is good to go with a reliable commercial property solicitor when picking a commercial space for rent.
A solicitor will be able to draft an excellent commercial lease agreement that includes,
The lease duration
Lease renewal options
Dispute resolution
Rent, maintenance charges, insurance, taxes, increase in rent, security deposit and more
Subletting permissions
Lease termination
These are some of the most critical elements of commercial property for lease agreement. And, you must make sure these are included in the final document.