A Tennessee commercial lease agreement is a legal contract between a landlord and a business tenant that governs the rental of commercial properties like retail, industrial, or office spaces. This comprehensive document specifies rental terms, including monthly rent, security deposit, lease duration, payment rates, and renewal options.
Tennessee Business Entity Search: Landlords, in addition to performing credit checks, can also verify the legitimacy of a tenant’s business entity prior to finalizing the lease agreement.
Rental Laws: Title 47, Chapter 2A: Tennessee Uniform Commercial Code.
Consumer Protection Laws: Tenn. Code § 47-2A-104.
Jurisdiction: According to Tenn. Code § 47-2A-106, if the law chosen in a lease agreement originates from a jurisdiction other than where the lessee resides, it cannot be enforced.