Washington DC Commercial Lease Agreement

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The Washington DC Commercial Lease Agreement is a lease used by a commercial organization to rent a property for for-profit reasons. This kind of lease is unique to commercial organizations, a non-profit, charitable or political organization would have to use a different kind of lease.

A Commercial Lease is often more complicated than a Residential Lease. They will typically run for much longer than Residential Lease (with 2-3 years being fairly typical) and may have many unique clauses governing acceptable use of the property, typically either business or industry. They are also freed from the requirement to have simple, clear language. As such they should be read even more carefully than Residential Leases, possibly with lawyers present.

They can also hold the tenant financially responsible for costs other than the rent. The most common type of Commercial Lease, for example, is a Triple Net (NNN) lease, where the tenant is responsible for paying the utilities, repair costs and property taxes, in addition to the rent.

A Commercial Lease will be governed by both the state’s lease laws and the state’s Commercial Code. Washington DC’s lease laws can be found in Washington DC Municipal Regulations Title 14, while DC’s commercial code can be found in Title 62A.