A Nebraska commercial lease agreement ties together a landlord-tenant contract for the totality of a fixed leasing term. Conventional commercial leases, as opposed to residential ones, last for numerous years and include more elaborate conditions that apply to running business operations on the actual premises. Tenants may enter into a rental contract directly with the landlord. However, in some cases, the landlord may require a third-party guarantor (co-signer) to join the lease if the tenant’s financial history is limited or inadequate; a personal guarantee may be attached to the lease in such cases. Once the parties reach mutual terms, they must sign and execute the lease into effect. Tenants must obtain applicable government-issued permits after signing the lease but before commencing operations.
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