Commercial Lease Agreements California
The lessor leases the rented premises to the tenant, and the tenant rents the same to the landlord for an “initial term”, the ______ The landlord will do his best to obtain the tenant`s property at the beginning of the rental period. If the landlord is unable to make the rented premises available on time, the rent is borne by the duration of the delay. The tenant cannot assert any other right against the landlord due to such a delay. Commercial leases exist to protect the commercial rights and interests of both the landlord and tenant. The following is a list of all sections necessary to be included in a commercial lease that complies with the law in the State of California, as well as descriptions of the items on the list, if any: Arbitration: Pursuant to Section 7191 of the Statutes, there should be an arbitration clause in the lease agreement.