Pennsylvania Commercial Lease Agreement

Pennsylvania Commercial Lease Agreement Template_1 on iPropertyManagement.com

A Pennsylvania commercial lease agreement is a binding contract for a tenant to lease industrial, retail, or office space. The agreement sets the duties and rights for both landlords and tenants, as well as details about rent, deadlines, penalties, and other items. The Pennsylvania law that governs commercial leases is Pennsylvania Code Title 13, Chapter 2A1, General Provisions 2A104 . Commercial leases are typically longer and more complicated than a residential lease, so advising with an attorney is recommended.

Pennsylvania Commercial Landlord-Tenant Law

One unique aspect of Pennsylvania commercial landlord-tenant law is confession of judgment. Under Pennsylvania law, a confession of judgment allows for the landlord to get an expedited judgment against the tenant. This could be having the tenant evicted or to obtain unpaid rent without having to pay or wait for a prolonged court decision.

Writing Pennsylvania Commercial Lease Agreements

Frequently Asked Questions

Does a commercial lease need to be notarized in Pennsylvania? Does a commercial lease need to be notarized in Pennsylvania? No, a commercial lease does not need to be notarized in Pennsylvania to be a legally valid document; however, one or both parties may request to have the commercial lease notarized if they so desire. Read more »