A Michigan commercial lease agreement commits a landlord and a business tenant to a binding contract for retail, office, or industrial space. Property-related expenses will be paid by the landlord, the tenant, or split between both parties as defined in the lease. Every business should be reviewed through a rental application and verified with the Secretary of State’s online database. The term of a commercial lease is usually two (2) or three (3) years because the property owner will typically … Continue reading Michigan Commercial Lease Agreement Template