|cost of renting a commercial space||1.73||0.4||9461||71|
In a net lease, the tenant agrees to pay a set rent plus a part of the landlord's monthly taxes and maintenance expenses. A commercial lease of any type usually requires the tenant to pay the first and last month's rent at the same time. This protects the landlord with a month already paid in case a tenant leaves without giving notice.How do commercial leases work?
In a gross commercial leasing agreement, the tenant agrees to pay a predetermined rent amount that has the landlord's expenses included. In a net lease, the tenant agrees to pay a set rent plus a part of the landlord's monthly taxes and maintenance expenses.What is a commercial lease agreement?
A commercial lease is a rental agreement for office, warehouse or other space to use to run a business. Commercial leasing agreements vary widely in their terms, but the specifics in leases tend to be written to benefit landlords.