Legal Definitions - commercial lease

A commercial lease is a contract between a landlord and a tenant for the use of a property for business purposes. The lease outlines the terms of the agreement, including the rent amount, lease term, and any other conditions or restrictions.

Examples of commercial leases include:

• A lease for a retail store in a shopping mall
• A lease for an office space in a commercial building
• A lease for a restaurant in a downtown area

These examples illustrate how a commercial lease is used to rent a property for business purposes. The lease protects both the landlord and the tenant by outlining the terms of the agreement and ensuring that both parties understand their responsibilities.