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A commercial lease agreement is a contract between a landlord and a tenant for renting office or industrial space, typically lasting three to five years, often with renewal options. There are two main types of commercial leases: a gross lease, where all expenses are included in the base rent, and a net lease, where the tenant pays additional costs such as real estate taxes, insurance, and maintenance on top of the rent. The allocation of expenses can differ, but landlords generally expect tenants to cover some occupancy costs. Terms and regulations for commercial leases can vary depending on state and local laws.