Updated October 11, 2023
A Nevada commercial lease agreement is used to formalize a lease arrangement between a commercial landlord and tenant. The document contains sections outlining all the terms and conditions of the lease, such as rent amount, lease duration, renewal, subleasing, and more. Commonly used for retail, industrial, or office space, the commercial lease agreement becomes legally binding once signed by both parties. Since a commercial lease typically has a duration between five to 10 years, it is recommended that a legal professional review the contract in detail before it is signed.
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