It is important that to understand what commercial leasing is. A commercial lease is first and foremost a contract. It is a contract between a landlord (usually the owner of the property) and the tenant (usually the person/company that will be renting the property). Many businesses choose to rent the property out of which they operate their business, as it requires less capital up front. A commercial lease agreement tends to be much more complicated than a residential lease and there are fewer “governmental” protections for the commercial tenant compared with the residential tenant.