Lease Contracts for Residential and Commercial Property

Posted on: February 27, 2014

A leasehold is an estate in real property that grants significant legal rights of possession and imposes mutual covenants that are contained in the lease contract itself and implied under common law.  Residential leases are typically on standard form contracts such as those from C.A.R. while commercial leases, such as in retail or office leases, are on comprehensive contract forms used by the individual property owner.  A real estate attorney should review the proposed lease before it is signed.

Posted in: Real Property - Transactional • • •