A Louisiana commercial lease agreement is an arrangement between a business owner (tenant) and a landlord who is renting out commercial property. Whether the business owner is looking for a place to set up a retail store, office space, or a fabrication/manufacturing warehouse, they will have specifications in mind with regard to the property’s location, the interior layout, and the available facilities. The landlord must provide the potential tenant with the opportunity to inspect the premises before signing the commercial lease agreement. Once the terms and conditions of the agreement have been reviewed and accepted by both parties, they may sign the lease and the business owner can begin operations.
Lease Application – A document completed by a potential tenant that provides the landlord with pertinent information to assess the applicant’s eligibility for tenancy.