In basic words, a commercial lease agreement is a lawful contract between the property owner and the lessee to rent out a property. Essentials of a Commercial Lease Agreement - Owner -- the proprietor that is renting the home - Lessee -- the occupant that is paying for the leased property - A binding document -- the lease that defines the terms and conditions - The period of the lease Usual kinds of the Commercial Lease Agreement Net Lease -- The renter pays all or some additional expenses, that include taxes, insurance, or upkeep expenses, along with the specified rent. There are 3 kinds of web leases: - Single Net Lease -- The renter pays rent and real estate tax. - Dual net lease -- In addition to rent, the lessee also spends on taxes and insurance. - Triple Net Lease -- The renter pays taxes, insurance coverage, and upkeep along with the deal with the lease. Gross Lease/Full Service Lease -- The tenant pays only the rental fee, which also covers all building overhead like utiliti