My husband is looking to rent a storefront as an art studio. While we have no intention of defaulting on the rent, I am concerned about the following clause:
"19. If and whenever the Tenant is in default in payment of any money, whether hereby expressly reserved or deemed as Rent, or any part...
Commercial leases are different than residential leases and this article will explain the basics of commercial leases and what you should look for when obtaining one for your business.
Basic Lease Provisions
The terms of most commercial leases will typically be for a year or more. The average...