Modify Standard Form Lease to Fit Commercial Condo Tenant

While the terms of commercial leases will vary to some degree depending on the owners, tenants, and types of businesses involved, most of the same items are on the agenda for negotiations. Renewal or expansion options, common area maintenance exclusions, use clauses, and assignment and subletting requirements are some of the commonly seen issues that get hashed out. But increasingly, tenants are seeking novel ideas for where to set up shop, and so-called commercial condos are rising in popularity for businesses.