The Wyoming commercial lease agreement is a contract that presents the terms of an arrangement between a landlord and a tenant whereby the tenant leases the landlord’s commercial real estate. The tenant is responsible for paying monthly rent to the landlord plus any additional deposits, upfront rent, and fees specified in the lease. Monthly expenses will be exclusively by the landlord or tenant if the lease is a “gross” or triple-net (NNN)” agreement, or they will be divided between both parties as a “modified gross” arrangement.
Due to the fact that there are few legal restrictions on commercial leases, it is recommended that the contract is reviewed by legal professionals to ensure that the arrangement is understood and agreeable to both parties.
Lease Application – Used by landlords to obtain the business and financial profiles of prospective tenants.