Page 10 - Commercial Lease FlipBook 2020
P. 10
• Both types of leases require monthly base • Commercial tenants are generally required to
rent to be paid. maintain the inside of the premises.
• Both types of leases require tenants to have • Commercial tenants are usually required to
insurance on the premises. contribute to their share of maintenance, taxes,
and insurance of the building.
• Both types of leases require tenants to pay
utility costs for the unit (directly or to us). • Commercial tenants’ leases are generally between
5 and 10 years with 5 year renewal options.
• Landlords sometimes contribute to the cost for the
tenant to build out their space.
