Commercial Leasing

Commercial leasing is a rental agreement for commercial property. While business leasing can be a good alternative to owning business property, commercial property leasing agreements aren't subject to many of consumer protection laws that govern residential leases, and there are no standard lease agreements. So if you decide to engage in commercial real estate leasing, you'll want to protect your interests by making sure that your commercial lease is in writing and that it contains several key provisions, including length of the lease period, when the rent is due, whether there's an option to renew the lease, and who will maintain the premises.

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choate lien

a lien that requires no further action to be made enforceable and that identifies the lienor, the property subject to the lien, and the amount of the lien

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