Arkansas Commercial Lease Agreement
A Commercial Agreement in Arkansas should be completed whenever a landlord plans on accepting an industrial, retail, or office business into his or her property. The agreement typically lasts for one (1) to three (3) years after signing into effect. Like the majority of Arkansas Lease Agreements, it is suggested that the landlord does a credit and background check on the business owner, and that the business owner agrees to pay a security deposit incase damage occurs on the property, whether accidently or purposefully. The landlord should keep in mind the fact that the business may take a medium to long period of time to start building sufficient enough revenue to pay the landlord the full monthly rent.
- Commercial Lease Laws – 18-17-912. Commercial leases.