How to write a commercial lease agreement?
If you have a commercial land and are not planning to use it in the next few years, the best option for you is to lease it. This will give you a huge amount of money at the start and small amounts every month till the end of the lease. And when it ends, you can get your land back or just continue the lease. It is so beneficial, but still very few people go for this option. The only reason for this is that when someone is going to use your property for such a long time there are bound to be some disputes. However, any such thing can be easily with the help of a flawless agreement. It should contain all details about the property, like its location and size. Also, the amount to be paid at the start, along with the monthly payment, should be included.
You can hire a lawyer or an experienced real estate agent to write the agreement for you. If not that, you can write it yourself. It is not as hard as it might seem at first. You just need to download a commercial lease agreement sample from the internet and alter the details, like names of the two parties, amount to be paid, location of property, late payment fine, etc. Also, you will need to add the extra clause you have agreed upon. After editing the commercial lease agreement sample you can get it checked from an expert if you want.