Updated on July 19th, 2021
A Kansas commercial lease agreement is a binding contract between a lessor (landlord) and lessee (tenant) that defines the conditions for renting a commercial property. The provisions of the agreement are often extensive and require a great deal of negotiation by the parties before going into effect. The lessor and lessee must agree upon conditions such as the rental amount, term of occupancy, renewal options, and whether the lessee is obligated to pay property expenses (e.g., utilities, snow removal, waste disposal). Any additional terms and conditions not addressed in the lease may be incorporated as an attachment.
Lease Application – Lessors may use a lease application to determine whether a potential lessee is fit to sign a commercial lease agreement.