Updated October 11, 2023
A Maine commercial lease agreement is between a landlord and a tenant seeking to rent space for business-related usage. A commercial lease can be written for office, retail, or industrial property and requires the tenant to obtain all necessary approvals from state and local authorities to operate their business. Because commercial lease agreements tend to be more complicated than residential leases without as many tenant protections, it is recommended to seek out legal counsel to review the contract in full before signing.
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