A Business Lease Agreement is a type of agreement that is utilized when renting out a business premises. The agreement provides for multiple aspects such as description of premises, purpose for which the premises to be used by the tenant, security deposit, duties of parties and various legal provisions. The lease agreement is a significant document establishing the lessor (landlord) and lessee (tenant) relationship. It is strongly recommended to execute this agreement (and register the same as needed per local practices) for enforcing your legal rights and remedies.

Disclaimer:

The attached business lease agreement covers the basis of a commercial tenancy agreement and should not be construed to be a comprehensive lease document nor any set of legal advice. The legal documentation related to lease depends on multiple factors including but not limited to the parties unique set of circumstances, type of premises, business purpose, and rent considerations. As such, specialist legal advice should be obtained for your unique case.