Commercial Lease Termination Agreements

A commercial lease agreement involves the lease of real property for business purposes, such as a store, office, or commercial building. At the end of the lease term, the tenant vacates the premises, or the parties may opt to extend the lease term. However, under certain circumstances, the parties may wish to end the lease prior to the expiration of the lease term. In this case, the landlord and tenant should utilize a Commercial Lease Termination Agreement. (continued ...)