Iowa Commercial Lease Agreement

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The Iowa commercial lease agreement is a contract used for business tenants seeking to occupy retail, office, or industrial space. Depending on the property, the landlord may be asked to ‘fit-up’ the space so that upon move-in, it is exactly as the tenant wants with only personal property needing to be installed.

Tips

Before authorizing a lease the landlord may want to request information about the the business’ revenue and net income with a rental application as well as verifying the entity through the Secretary of States office. The landlord is advised to perform personal credit check(s) of the business principal(s) to ensure that if the business does not make it, they would be liable through a personal guaranty.

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