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A commercial lease agreement is a contract for renting office or industrial space between a landlord and tenant, typically lasting three to five years, with options for renewal. Commercial leases are generally longer than residential ones. They may either allocate expenses for occupancy or not. Landlords usually expect tenants to cover some costs. The two main types of commercial leases are: a gross lease, where expenses are included in the base rent with no additional charges, and a net lease, where tenants pay a base rent plus real estate taxes, insurance, and maintenance. Lease terms can vary due to state and local laws.