Georgia Commercial Lease Agreement
Use the Georgia commercial lease agreement if you are a property owner in the state and looking to lease your property to a confident business owner. The contract is structured to allow any type of retail, office, or industrial user to successfully work out of the space. Like the other three lease agreements, it is suggested that the landlord asks the business owner to complete a rental application so the landlord can get a sense of the principal owners’ history before the landlord allows them to move in.
Generally, there are three different types of commercial lease agreements in Georgia, being Gross, Modified Gross, and Triple Net (NNN). Gross is the best situation for the tenant, requiring the landlord pay most if not all of the property costs, requiring the tenant to only pay a rental cost. Modified Gross is between Gross and Triple Net (NNN), splitting the property costs between the landlord and business owner. Finally, Triple Net (NNN) requires the tenant to pay all of the costs relating to the property, including utilities, maintenance, taxes, etc., plus monthly rent.