Updated October 11, 2023
A New Hampshire commercial lease agreement is a legally binding contract between a business tenant and a landlord of commercial property, such as office, retail, or industrial space. The agreement outlines important terms of the arrangement, such as lease duration, rent amount, security deposit, and whether it has an option to renew. Other provisions address late payments, subleasing, and exclusivity. It becomes a legally binding contract once signed by both parties and can be enforceable in a court of law.
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