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Virginia Commercial Lease Agreement

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Updated July 08, 2025

A Virginia commercial lease agreement is a legally binding agreement between a landlord and tenant for the rental of commercial property, such as retail, office, or industrial space. The agreement contains all the terms and conditions of the arrangement, including rent price, lease term, security deposit, and the option to renew.

Required Disclosures

1. Brokerage Relationship Disclosure (conditional) – If a licensee has a brokerage relationship with any party to a transaction, they must disclose this in writing to a prospective client.[1]

2. Energy Submetering Disclosure (conditional) – Energy submetering or allocation equipment, water and sewer submetering equipment, or a ratio utility billing system can only be used in leased premises if clearly disclosed in the lease agreement.[2]

Sample

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