A California commercial lease agreement is a legally binding contract between a landlord and tenant that conveys terms and conditions for the leasing of commercial property. Commercial tenants will often negotiate the provisions of the agreement to achieve a lease term and base rent that accommodates their business needs. Tenants may be entitled to renew the agreement for an additional term by notifying the landlord prior to the initial termination date. After the lease conditions have been negotiated, the parties may sign the contract to create a legally binding tenancy agreement.
Lease Application – Enables a landlord to investigate the background information of a potential leaseholder.
Death (CIV Code § 1710.2(a)(1)(A)) – If a previous occupant has died on the property within the last three (3) years, the landlord must disclose this information to prospective tenants.