Maine Commercial Lease Agreement
The Maine Commercial Lease Agreement binds a commercial landlord (or property manager) and a tenant into a long-termed contract that allows a for-profit business to occupy a property in exchange for monthly payments. Note that certain types of businesses, such as nonprofits or religious organizations, may not be considered as commercial tenants in the state of Maine. Being a legally binding document, the commercial lease conforms to Maine Law – however, tenants that rent commercial property have far fewer statutes in place to protect them compared to residential tenants. Tenants should, therefore, take caution in ensuring the lease contains all the necessary conditions that will protect them in unfavorable circumstances.
Maine Commercial Lease Entry & Detainer Law – Title 14 § 6017