The Missouri Commercial Lease Agreement is the only lease included on this page that is not a residential lease. This kind of lease is used for a commercial entity to rent a property for business or industrial purposes. Only a commercial organization can use this type of lease, a non-profit or charitable organization could not.
Commercial Leases are typically much longer (two to three years) than a Residential Lease. They are also freed of the requirement to contain simple, easy to read language and thus can be much more complicated and difficult to understand. They therefore require even more careful reading than a Residential Lease, possibly with lawyers present or available.
A common kind of Commercial Lease is a Triple Net (NNN) lease, in which the tenant is responsible for paying the utilities, repair costs and property taxes, in addition to the rent. The opposite of this is a Gross Lease, where the tenant is only responsible for the rent, but the rent will be significantly higher than in a Triple Net Lease. A halfway point between these two is an Adjusted Gross lease.
All of Missouri’s lease laws can be found in Missouri State Statutes, Titles 441 and 535. In addition, a Commercial Lease will typically be affected by a state’s Commercial Code, which can be found in Missouri State Statutes, Title 400.