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- A commercial lease contract is a legal document that stipulates the terms and conditions of leasing a business premises. Unlike a residential lease between a landlord and a tenant, leasing commercial property involves a landlord and a business. Having a written contract is essential when entering into an agreement with a tenant. Whats more, the two parties have to be on the same page and accept the terms. If you need help drafting a rental agreement for a retail, office, or industrial space in North Carolina, here are a few tips to help you create your next commercial lease agreement. And just a disclaimer, if you need specific legal advice, consider speaking to a lawyer or a real estate manager to answer any questions you may have. (logo whooshing) (logo dings) (light upbeat music) A North Carolina commercial lease contract is a legally binding document that specifies the terms of the lease of an office, warehouse, industrial, or retail space and the obligations of the parties invo
