What types of clauses are typically included in commercial real estate leases?

Commercial real estate leases in Arizona typically include a variety of clauses and provisions. These clauses set forth the rights and responsibilities of both the landlord and the tenant, and govern the rental of the property. Some of the most common clauses found in commercial real estate leases include a payment clause, which sets out the amount of rent due and when it is due; a description of the premises clause, which outlines the physical features of the leased property; an assignment and subletting clause, which determines whether or not subleases are allowed; a tenant improvement clause, which sets out who is responsible for making repairs and improvements to the property; a liability clause, which spells out who is liable for any damages or accidents occurring on the property; and a termination clause, which outlines the conditions that must be met for either the landlord or tenant to terminate the lease. Additionally, some leases may include clauses that govern how disputes are resolved, business restrictions, and insurance policies.

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What types of clauses are typically included in commercial real estate leases?

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