Updated October 11, 2023
A Utah commercial lease agreement is a legal document that is used by a landlord and a tenant for the rental of a commercial property. The agreement contains all the important terms and conditions of the lease arrangement, such as rent payment, security deposit, option to renew, and more. It also outlines provisions that address late payments, subleasing, and the rights and responsibilities of both parties. Once completed, the contract must be signed and notarized to be considered a legally binding document.
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