Colorado Commercial Lease Agreement
The Colorado Commercial Lease Agreement is a binding agreement entered into between the owner of a property (called the “landlord”) and the business planning on conducting operations within it (called the “tenant”). Commercial leases differ from their residential counterparts in several ways. To start, commercial leases offer far fewer protections for the tenants locked into the lease. There are no restrictions regarding security deposits and landlords have significant freedom in crafting the conditions of the agreement. The tenants planning on entering into the agreement should understand they can negotiate any conditions contained within the agreement. Because the landlord can legally put deceptive sections within the contract, having a licensed attorney review the document before signatures are written is strongly recommended.