Alabama Commercial Lease Agreement Template

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An Alabama commercial lease agreement is a form that is created between a landlord and tenant for the business-related use of the property. The agreement may be used for any type of non-residential use such as retail, office, restaurants, and industrial tenants. In most cases, the landlord will require a rental application to be filled in by the potential tenant to verify their business credit, income, and finances.

If the tenant’s business is new or has no major assets, the landlord should require a personal guarantee which makes the owner of the entity personally liable for the performance of the lease contract.