commercial lease

commercial lease

A lease of space for nonresidential purposes.

References in periodicals archive ?
Rawalpindi Cantonment Board taking strict notice of commercial activities on residential lease plots has issued notices to the owners of all such properties to convert the residential lease plots to commercial lease plots.
'When a company comes into Kenya for the very first time they would have to sign a commercial lease for six years, they would need to have a business plan to commit to.
Small business owners typically pay a great deal of attention to marketing and managing their own companies; however, they often overlook the importance of their own commercial lease. The commercial lease, provided by the landlord, states the specifics of the agreed-upon lease (e.g.
ALERT: Neil Stevenson, a Partner and commercial property lawyer at Latimer Hinks, has been warning his clients to make sure they meet all of their tenant obligations before attempting to end a commercial lease early
Students using this text will "...confront commercial lease documents, examine the substantive law that lies in back of contractual provisions...," and make use of facts sets and problems to apply knowledge.
There is a long-term commercial lease in place and the trustees have been advised that a sale would not be in the best interest of the trust.
All the terms in a commercial lease are normally negotiable.
Brownstone Publishers (New York) has begun the publication of Commercial Lease Law Insider, a new monthly print and online newsletter that covers commercial lease drafting and negotiating.
Though the IIE still occupies two floors, it sold the building in 1998 to a Japanese charity that threatened to dismantle Aalto's interior and donate the fragments to a museum in order to redevelop the space for commercial lease. That disaster was averted, and the Japanese sold the building back to the IIE.
Businesses in Southern California that have been hit hard by the recent economic downturn can move out of survival mode (with a lowering of their commercial lease payments) and start to look at ways to start growing their business again.

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