A Utah commercial lease agreement is a real estate contract whereby a landlord rents non-residential property to a tenant in exchange for payments, usually in monthly installments. Standard commercial leases, unlike their residential counterparts, last around three to five years and often contain provisions allowing renewals. A landlord may set their desired qualifications prior to selecting a tenant who shall conduct business from the space. In some cases, landlords can request the tenant enter the lease with a guarantor; this involves attaching a personal guarantee to the lease contract, essentially adding a third-party co-sponsor onto the lease for liability purposes. All parties must sign and execute the agreement upon finalizing negotiations.
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Download: Adobe PDF, MS Word, Rich Text Format
Download: Adobe PDF, MS Word, Rich Text Format
RentalLeaseAgreements.com Version
Download: Adobe PDF, MS Word, Rich Text Format