The agreement also includes provisions for lease termination, outlining the conditions under which either party may end the lease before its natural expiration. It is a critical tool for lessors to safeguard their property and financial interests while providing lessees with a clear framework for their long-term business operations. This type of lease is commonly used for commercial spaces such as offices, retail stores, and warehouses, offering a structured and secure leasing solution for both individual lessors and corporate lessees.
Commercial Lease (Long Term) between an individual Lessor & a Company – Pro Lessor
KShs 3,500
A Commercial Lease Agreement (Long Term) Pro Lessor is a legally binding contract that outlines the terms and conditions under which a company (lessee) agrees to rent commercial property from an individual property owner (lessor) for an extended period, typically over five years. This comprehensive document is designed to protect the lessor’s interests, ensuring stability and security in the leasing arrangement. It details the obligations of both parties, including rent payments, property use, maintenance responsibilities, and lease duration.
