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If you miss even one of the above, there can be consequences that are unpleasant. Whether you are a landlord or a tenant, a good lease is essential to protect both of you in the event of a dispute. Select the monthly rent you want to charge the new tenant. Unlike residential property, commercial leasing is described as a price per square foot ($/SF). If you are trying to pay the rental amount, it is a good idea to set the price that is close to what others are asking near you. The terms of commercial leases differ depending on the specific property and the company that owns the lease. The terms are often negotiated between the two parties to determine: If you are a small contractor who needs offices, or the owner of a building who wants to rent units in your building, this document is necessary to remind everyone of the obligations and clarify expectations…