Updated October 11, 2023
A South Dakota commercial lease agreement is a legal document that serves as a contract for commercial rental property. Businesses/companies often prefer to rent a space for day-to-day operations as opposed to purchasing commercial property. Because commercial rental is negotiable in most cases, renting not only allows a business to retain capital for business investment, but with proper negotiations, the rental can keep the month-to-month expenditures under control even at renewal. If the tenant would like a clearer legal view of the contract, they may consider consulting with an attorney.
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