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.
Taking the time to consult a licensed Colorado attorney or commercial realtor regarding a lease contract can make the difference between a company that stays and business, and does not, due to the unregulated nature of the contract.
Not yet ready to sign a commercial lease? Learn more about how to go about filing a corporation or LLC in CO, how the state laws impact leasing and other subjects, and other important subjects by visiting the links below:
Helpful Guide on Entity Formation: Starting a Business in Colorado
Search for Entity Names: Colorado Business Database Search
See if an Entity Name is Available: Colorado Name Availability Search
Info on Retail Lease Laws: A guide to Colorado-specific laws in retail leases
Important Subjects to Focus On: 5 Crucial Areas of Commercial Real Estate Law for Colorado Businesses