Commercial Lease Early Termination Agreement

If you decide to terminate a commercial lease prematurely, you must: your rental agreement is a legally binding contract and you cannot simply walk away from it, unless you have agreed with the landlord to terminate it prematurely. In addition to rent and other rental fees, you should pay among other things: A commercial rental agreement is a contract with the landlord for the use of the property. It may contain few protective measures for the tenant in case of defects in the property, even if they prevent the activity or threaten the activity of the tenant. Protective measures must be included in the rental agreement, which defines the repairs and modifications and penalties applicable in the event of early termination of the lease. If these conditions are not part of the contract, you can see yourself at the mercy of the owner. .