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Commercial Lease Application

A Commercial Rental Application is used by the owner of a commercial property to screen business tenants who are looking to lease the property.
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Frequently Asked Questions

Most landlords choose to make prospective tenants fill out an application. In particular, a commercial landlord would not agree to take on a business tenant without the proper checks and documentation, seeing as a commercial lease usually runs for a good number of years.

Tenants, particularly commercial tenants, can negotiate terms but this is usually not done at the application stage but rather the rental agreement stage, during which both parties will be able to go into details of the lease and negotiate the terms.

The short answer is yes. A landlord reserves the right to reject any application if deemed unsatisfactory or unsuitable. However, to avoid legal complications, they should provide the reason or reasons, of which bad credit scores and other unflattering public records are the most common.

Also known as an offer to lease, prospective commercial tenants create it for submission with a Commercial Rental Application to signal a clear intent to lease the property. It usually contains an offer from the tenant and an outline of the future agreement.

Any potential lease violation or notice of lease violation can be brought up at the Commercial Rental Application stage. But it is strictly used after the property has been rented and the tenant is to violate any terms of the lease agreement. Landlords may put up with minor violations and only issue a formal notice for nonreceipt of rent.