Glossary · People and paperwork
In short
A legally binding contract between a business tenant and a landlord for the rental of commercial property. This agreement is a key asset for the business and must be reviewed carefully during acquisition.
When buying a business that leases its space, you'll need to assume or renegotiate the Commercial Lease Agreement. The SBA requires a review of the lease terms, including duration and any transfer clauses. Ensure the lease term extends beyond your loan maturity.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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