Lasting for 5 or even 10 years depending on the terms the landlord and tenant set, a commercial lease is usually much longer than a residential lease. A commercial lease will often list several people on the lease both as landlords or investors and the group that is renting the space. Each person that has a stake in the agreement should be listed.
When you look for a lease agreement for the rental of your property, it is essential that you choose a right type of the lease agreement for the type of property that you will be renting. What you will need for a home will be far different from a commercial lease agreement template and vice versa. While many of the elements will be the same there are enough differences that are important to ensure that you get the right lease if you want your interests to be protected properly.