Commercial Lease Extension Agreement

A Commercial Lease Agreement involves the lease of a property for business purposes such as a store or office. Commercial leases are typically made for a fixed term. In most cases, at the end of the lease term, the landlord and tenant will either enter a new lease or the tenant will vacate the premises. Under certain circumstances the parties may wish to extend the lease past the expiration date but not enter into an entirely new lease. In this case, the landlord and tenant should enter into a Commercial Lease Extension Agreement. (continued ...)