A Vermont commercial lease agreement contains the terms and conditions of the renting of commercial property by a tenant. The tenant will usually be given at least two (2) years for their first rental term to give their business a reasonable amount of time to turn a profit. The landlord may require an upfront payment of rent as well as a security deposit before the tenant can have possession of the premises. To maintain their lease, the tenant must keep up with all their payments and fulfill all other responsibilities indicated in the contract. Once both parties have signed the lease, it becomes legally binding.
Lease Application – Landlord can use this form to screen lease applicants by obtaining their references, business information, and financial history.