Louisiana Commercial Lease Agreement | PDF – MS Word
A Louisiana commercial lease agreement is a template used by property owners looking to rent out commercial space to a business entity. Commercial properties include office space, retail stores, industrial warehouses, and other types of property designed for business use. A commercial rental arrangement will involve more thorough background checks on the landlord’s part as there is generally a lot more risk involved than one could expect from a residential lease agreement signing. Before a contract is signed, the landlord and tenant should negotiate the terms and conditions of the lease.
The landlord may be providing a space with all maintenance, taxes, expenses, etc. included (this is called a Gross Commercial Lease), the two parties may split all costs associated with the property (Modified Gross), or the tenant may be responsible for all expenses associated with the space (NNN). Once both parties have inscribed their signatures to the lease agreement, the document becomes legally valid, and the parties are bound to the terms therein.
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