Commercial Lease Agreement Sec

While reducing regulation is often a good thing, commercial landlords and tenants should always be on their guard during negotiations to ensure they are not exploited. Overall, a reduction in regulation allows both parties to freely negotiate the terms of the lease, which can lead landlords to negotiate more favorable lease terms. Since the commercial leasing process can be confusing, it is advisable that a licensed lawyer or commercial broker be consulted before signing any documents. The California Commercial Lease Agreement (Form CL) is a legal document used for leasing commercial property to a tenant for an average term of three (3) to five (5) years. The form was established by the California Association of Realtors and is fully compliant with state rental laws. To the advantage of the landlord, California law is very relaxed when it comes to the expectations of commercial tenants (compared to how they treat tenants). Research Commercial Rental Rates: Loopnet – California Business Search Tool: California Online Services Business Search In order for the form to be fully completed, the following information must be entered by the owner and/or agent:. . .