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New York standard commercial lease agreement is a legal form that is used when purchasing real estate for commercial use.
Commercial Lease Application – Before renting a property to any individual or business entity, Landlords highly recommend using a lease application to screen Tenants.
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When Does a Commercial Lease Agreement Become Legally Binding?
The Commercial Lease Agreement becomes legally binding when both parties sign the contract and the buyer gets the notice that the seller has accepted the deal. The buyer can get the notice in-person, by phone, and/or email.