North Dakota Commercial Lease Agreement

The North Dakota Commercial Lease Agreement is a legally binding contract written between the owner of a property and a business-owning tenant, who will be operating out of the property for a predetermined length of time. For first-time commercial renters, the lease term will generally be on the shorter side (three (5) years or less), as the tenant is uncertain as to whether the business will succeed or not. Unlike a residential lease, which often includes state-mandated protections for the renter, a North Dakota Commercial Lease will need to be carefully negotiated, as the landlord / property owner will attempt to mitigate as much risk as possible when drafting the agreement, leading the contract to contain conditions heavily in their favor.