Commercial Lease Agreement 

In a commercial lease agreement, one party, known as the lessor, agrees to lease a part of his or her building to another party, known as the lessee, so that the latter can use the said property for some commercial purposes.  Since the subject matter of the commercial lease agreement concerns a building for commercial purposes, the lessee cannot allocate the leased property for a residential purpose or for any industrial use.

For convenience, enforceability and to be able to comply with the formalities set forth by our laws, the commercial lease agreement should be put in writing since it involves real property. Aside from these, it is very important to put the commercial lease agreement in writing so that there will be a clear statements and understanding of the rights and obligations of both parties to the agreement.

Therefore, if you want to lease your building or any other real property to another for a commercial purpose, we advice you to have the commercial lease agreement be set forth in writing.  This way, you will be able to completely establish the conditions to be complied with by the lessor during the entire time that the lease will be in effect.  On the other hand, if you are seeking to lease a certain real property for a commercial purpose, we also give you the same advice of having the lease agreement set forth in writing so that you will also be able to determine in black and white form your rights and obligations and the corresponding rights and obligations of the lessor as stated in the contract of lease.

For more complete information on how to draft and make a contract of lease involving a real property to be used for commercial purposes, we encourage you to contact us right away.  Here in this website, we have expert lawyers who can competently make the lease contract for and in your behalf.  Our long years of experience in making legal documents, most especially contracts, will give you the much needed protection that you truly deserve.