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Elements of a commercial property lease?

A commercial lease gives you, the tenant or lessee, the right to use a piece of property for business or commercial activity, for a set period of time. Typically, your lease agreement will include details on the:

-Type of property

-Tenancy term

-Rent payable

-Type of business permitted on the premises

-Security and damage deposit

-Rules for sub-letting

-Provisions for terminating the tenancy

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