Commercial Building or Space Lease - Michigan 2026

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  1. Click ‘Get Form’ to open the Commercial Building or Space Lease - Michigan in the editor.
  2. Begin by filling in the date of the agreement at the top of the form. This is crucial for establishing the lease timeline.
  3. In the 'Lessor' and 'Lessee' sections, enter the names of both parties involved in the lease. Ensure accuracy as this information is legally binding.
  4. Specify the premises being leased, including its location and any specific details about the property. This section defines what is included in your lease.
  5. Fill out the term of the lease, indicating both start and end dates. This clarifies how long the agreement will be in effect.
  6. Complete sections regarding rent payment details, including amounts and due dates. Be clear on late charges to avoid future disputes.
  7. Review additional clauses related to utilities, maintenance responsibilities, and termination conditions to ensure mutual understanding between parties.

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A commercial lease is a contract in which, for payment of rent, the party entitled to possession of real property (landlord or lessor) transfers those rights to another (tenant or lessee) for a specified period of time for retail, office, or other commercial purposes.
In a full-service lease, the lessor pays a certain amount of rent, and the landlord has the responsibility of paying all expenses of the property, including repairs, maintenance, taxes, insurance, and utilities.
Gross leases are most common for commercial properties such as offices and retail space. The tenant pays a single, flat amount that includes rent, taxes, utilities, and insurance. The landlord is responsible for paying taxes, utilities, and insurance from the rent fees.