Delaware Commercial Lease Agreement
The Delaware Commercial Lease Agreement is the backbone to a contractual relationship between a landlord and tenant in which a property is rented for a commercial (business) purpose in exchange for pre-determined monthly payments. Commercial agreements differ significantly than their residential counterparts in that they are typically far more negotiated, and the terms are far tougher to alter once the form is signed by all the necessary parties. In addition to having a licensed realtor examine the agreement, it is recommended both parties look through Delaware’s Commercial Lease Code, Title 25 Ch. 61 §§ 6101 to 6105.