The Georgia commercial lease agreement accredits the particulars involving the leasing of a unit of real estate to conduct business for a specified amount of time and sum of money. A commercial lease can differ and be somewhat more lengthy than a standard residential lease. For this reason, it is recommended that every clause be arranged to serve the needs of all participating individuals before entering into the agreement. Predrafting negotiation between brokers or tenant and landlord is the first step in achieving an agreeable contract.
The document categorizes information on the tenant, landlord, lease type, payment schedule, lease term, and security deposit. The lessor and lessee will also have the opportunity to include liability, exclusivity, and other policy clauses to nail down an understanding of these and other rights and responsibilities of both parties. To further authenticate the record, the assistance of a witness or notary official is suggested during the time of endorsement.
Georgia Association of Realtors Commercial Lease Agreement (Single-Tenant Facilities) – PDF
Georgia Association of Realtors Commercial Lease Agreement (Multi-Tenant Facilities) – PDF