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A commercial lease is a contract made between a business tenant and a landlord. This commercial lease contract grants you the right to use the property for commercial or business purposes. Money is paid to the landlord for the use of the property.
A tenancy agreement can normally only be changed if both you and your landlord agree. If you both agree, the change should be recorded in writing, either by drawing up a new written document setting out the terms of the tenancy or by amending the existing written tenancy agreement.
If the tenant is month-to-month, the landlord will usually only need to give 30 days notice to the tenant that he or she will have to vacate the property at the end of the next month so the landlord can complete the sale without a tenant still living in the rental unit.
A landlord can evict a tenant for not paying rent, but the landlord must first give the tenant a 14-day notice, after rent is due but not paid. The notice must state that the tenant has 14 days to either pay rent or move out of the rental unit, or the lease will terminate.
The easiest way to start the process of evicting a commercial tenant is to file for a Possession Claim from the County Court. The Government has an online Court and Tribunal Finder and youll need to find the court which is closest to the commercial property itself.
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People also ask

One-year leases are by far and large the most popular length for leases. Theyre good if you have high-quality tenants and an effective tenant screening process in place. In this case, year-long leases are good because it secures good tenants for a long period of time.
Any person or entity buying your unit will then become your new landlord. This new landlord must follow all the provisions of the state condo law, and must honor your right to remain in your apartment until the expiration of your notice or your lease.
A commercial landlord is expected to take action and carry out certain safety checks and repairs. These could concern the management of gas, fire and electrical safety, protection from asbestos, keeping the premises in a good state of repair and making sure the property has a minimum energy performance rating of E.
Forfeiture (the act of forfeiting a lease) allows a landlord to end a fixed-term lease on account of a bdocHub of the lease by the tenant. The landlord may only terminate in this way if: the lease contains a forfeiture clause, and. the forfeiture clause allows the landlord to forfeit the lease in respect of the bdocHub.
Also, commercial leases are for longer durations, ranging up to five years or more. However, residential leases are usually for 11 months. While in both cases, the tenant rents a property and pays monthly rentals, the terms and conditions differ drastically.

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