The Nebraska Commercial Lease Agreement is a type of lease that allows a commercial entity to rent a property for business or industrial reasons. These types of leases are unique to commercial entities, they could not be used by a non-profit or charitable organization.
As they concern large, unwieldy organizations and not individuals, Commercial Leases are often much more complicated than Residential Leases. They will often have clauses pertaining to acceptable use of the property, can be affected by the leases of surrounding units on the property and can even hold the tenant fiscally responsible for costs other than the rent. A common type of Commercial Lease, for example, is a Triple Net (or NNN) lease, where the tenant is financially responsible for the utilities, upkeep and property taxes, in addition to the rent.
A Commercial Lease is governed by both a state’s Commercial Code and it’s Rental and Lease laws. Nebraska’s rental and lease laws can be found in Nebraska State Code Title 76-1401 to 76-1449. Nebraska’s Commercial Code is contained in it’s statutes in the Nebraska Uniform Commercial Code, or UCC.