When drafting a commercial lease agreement, the landlord should clearly outline the permitted use of the premises, restrictions on alterations, and compliance with zoning and building regulations.
Payment terms must be detailed, including base rent, common area maintenance (CAM) charges, utilities, taxes, and security deposit requirements to ensure financial clarity.
It is advisable to include clauses covering maintenance responsibilities, insurance and indemnification, renewal options, and remedies for default to protect the landlord’s investment and minimize disputes.