Updated October 11, 2023
An Indiana commercial lease agreement provides the framework for a written contract governing the rental of a commercial property, such as retail, industrial or office space. The lease agreement, which becomes legally binding once signed by both parties, includes provisions regarding the lease term, rent amount, security deposit, exclusivity, and more. It is highly recommended that an attorney reviews the document prior to signing to ensure that all the terms and conditions are compliant with state law. Once signed, it will be difficult to make any changes to the contract.
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