Tenant-Landlord Relationship

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January 1, 1 7 min read Definitions

Long-Term Lease Commercial Lease Residential Lease Lease Agreements Property Management Real Estate Investing Tenant-Landlord Relationship

A long-term lease typically refers to a commercial lease agreement that spans five years or more or a residential lease agreement lasting over one year. Long-term leases offer stability and predictability for both landlords and tenants, coming with distinct advantages and potential drawbacks for each party.