Month: December 2023

Commercial leases represent a significant liability for a company and the people who run or own a business that rents any particular space. The average commercial lease lasts anywhere from three to five years and imposes massive financial obligations on the business....

Many people have rented residential spaces, such as apartments in college or homes for their families. They understand how these lease agreements tend to work. When they move to renting a commercial space, perhaps to start a new business, they may assume that the...