Delaware Commercial Lease Agreement Template – PDF – Word

License / Price: Free
Version: Adobe PDF (.pdf) and Microsoft Word (.doc)
File size: 95 Kb
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A Delaware commercial lease agreement establishes a legal business relationship between a landlord and an entity interested in office, retail, or industrial property. Payments for the commercial property are typically made on a monthly basis and it shall be negotiated between the parties whether the document is a triple net (NNN), modified gross, or gross lease arrangement. The landlord will usually require a thorough credit check and it is recommended that a personal guaranty be given by the tenant if the entity is new or does not have a history of doing business in the State.

LawsTitle 25 Chapter 61 – Commercial Leases