You’ve finally found the ideal medical space for your practice—that’s great. So, what goes on after? Your next step is to make sure you grab it before someone else does, so you don’t miss out on the opportunity: apply for a lease. Applying for a lease on a medical space, just like any other major
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How Is a Commercial Lease Structured?
You may be accustomed to leasing the property from your prior or current experience renting a house or an apartment, but a commercial lease is much more involved because of its legal implications as a business-to-business agreement. One of the major benefits of leasing is that businesses do not need to have as much capital
Read MoreWhat to Expect in a Commercial Lease Agreement
For the purposes of renting a property, a contractual agreement that exists between a business and landlord is a commercial lease. There are certain rights within the structured lease that is applicable to the landlord and also that apply to the business that rents the property. Businesses that rent a property are required to have
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