commercial lease

noun

  • Business (Corporate) Law/Company Law
  • Banking and Finance

Definitions of commercial lease

  • an agreement (written or oral) that gives a business entity (the tenant) the right to possess or occupy property for business purposes either for a fixed period of time or for a period that may be ended at the will of one or both parties

    Negotiating a commercial lease for many independent retail storeowners can be very challenging.

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Phrase Bank for commercial lease