Commercial Space Lease

Commercial space lease has to be done in a planned way. First thing is to be decide what, where and which part or full of the building you want to rent out. Second thing is to find a suitable tenant. Third, getting your registered commercial lease agreement with the prospective tenant.

Within each phase you will have different tasks subject to your requirements. But once you decide which commercial property you want to rent it out, you can start searching for a suitable tenant, which is a big task. Getting a suitable and decent tenant depends upon how well you scrutinize and short list your tenants checking their background profile.

Once you select a suitable tenant, go for a registered commercial lease agreement as per mutually acceptable terms so that your property is safe and in your control. This if you’re the landlord. If you’re a tenant then you should fully understand the terms and conditions set by the landlord so that you know the rental hike and other terms well in advance.

Wish you success in your endeavors

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