Commercial lease analysis

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commercial lease analysis

Commercial vs. Residential Lease

A lease is an agreement between the property owner/landlord and the tenant (Kubasek et al., 2016, p, 153). Normally, the agreement outlines the property to lease, monthly rental fee, due date, and timeframe. Therefore, the rent of residential leases is determined by the current market demand, occupancy level and location. The distinction between residential and commercial leases is that a residential lease provides property rights for daily living, pay rent while the lessee conducts other obligations of the lease (Merrill, 2020, p.222). In this case, the property is primarily for personal use. On the other hand, commercial lease is intended for

Commercial lease analysis

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