Updated on July 17th, 2021
A Maine commercial lease agreement is used to convey the terms and conditions of a commercial rental arrangement between a tenant and a landlord. The tenant, being a business owner, is looking to rent property from the landlord for the purposes of setting up or continuing their business venture. Commercial property can be used for office space, wholesale outlets, retail stores, or other commercial or industrial operations. A commercial lease will include detailed provisions to ensure both parties are satisfied with the arrangement. Before signing the lease, the potential tenant will be allowed to inspect the property and determine whether it will suit the needs of their operation.
Lease Application – An application form filled out by the potential tenant so the landlord may determine their eligibility through the personal information provided and the background checks performed.
Laws – § 6017