A Brief Guide To Commercial Lease
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Commercial lease applies to business property. It is contracting between lessor and lessee in which lessor grants the ownership of property to lessee for business or commercial purpose, for a specified period of time.
A commercial lease is a written document that sets down conditions, rules and regulations between lessor and lessee. Lessee pays rent to lessor in turn, which is known as lease rent.
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Submitted by admin on Tue, 2006-12-05 07:01.