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how does a commercial lease agreement work explain simply understanding a commercial lease agreement is crucial for business owners and entrepreneurs essentially its a contract between a landlord and a business for the rental of property used for commercial activities key elements include rent amount lease duration and usage rules its important to note the differences from residential leases such as longer lease terms and negotiable terms Clauses on maintenance modifications and termination conditions should be reviewed carefully always consult a legal professional for personalized advice as these agreements can docHubly impact your business operations