Are you a commercial, artisanal, or industrial actor looking for a lease agreement for your business? Then you have certainly heard of the temporary or commercial lease. This lease allows you to rent a commercial space for a short duration, thus saving you from large unnecessary expenses. It is also highly appreciated by new commercial actors who wish to start their activities. This article provides you with more information about the commercial temporary lease.
What is a temporary commercial lease?
Generally intended for professional merchants, artisans, and industrialists, the temporary commercial lease is a short-term rental agreement. Unlike other types of leases, the temporary lease offers you the option to sign a lease contract for 1 year with a maximum limit of 3 years. It therefore eliminates any long-term commitment. It is suitable for commercial entrepreneurs who wish to explore a new market. The temporary commercial lease offers interesting possibilities for many commercial actors. It provides a temporary and immediate solution for launching an activity.
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What conditions must be met to obtain a commercial lease?
The signing of a temporary commercial lease contract is subject to certain conditions. There are three of them.
Contract duration
This is the first condition that imposes a limit of three years of rental. The temporary lease contract is signed only when it does not exceed the required annual limit. Even in the case of contract renewal, it is impossible to exceed the annual limit. This means that the sum of the duration of the first and second contracts must not exceed 3 years. Exceeding the 3-year limit means that you are opting for another type of lease.
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Lease status and contract clause
The lease status and contract clause is the second condition that requires both the tenant and the landlord to adhere to the rules of the temporary lease. It also imposes that a clause in the contract proves the exclusion of other types of leases by both parties.
Signing the contract and checking the condition of the premises at the time of entry
This condition stipulates that the contract must be signed at the time the tenant enters the premises. The contract is signed by both parties or by a representative. An inspection of the premises must be conducted at the entry and exit of the tenant. This measure is taken to prevent any future disagreement regarding the condition of the premises.
Content of the temporary commercial lease
You should know here that no law imposes a universal content for temporary commercial leases. The content of the contract is simply drafted by both parties according to their preferences. Moreover, it is recommended to draft the content of the contract in private or in the presence of a competent professional.
This helps avoid future misunderstandings. However, certain important information must be included in the contract. These are: the duration of the contract, the condition of the premises, the amount of rent, the description of the premises, and finally, the names and signatures of the members of both parties.