Commercial landlords and tenants have dramatically different
considerations from residential landlords and tenants. Commercial
landlords, for example, must deal with longer lease terms, complex
code regulations, and significant financial consequences stemming
from the success or failure of their tenants' businesses. These
do not generally come into play for residential landlords, who deal
with shorter term leases and generally less complex issues, but
more a highly regulated statutory scheme and, arguably, stricter
judicial circumstances.
Commercial tenants, on the other hand, have significant
operating expenses, bear a greater responsibility for repairs, and
often must address signage and appearance considerations, common
area maintenance, responsibility for payment of taxes and
insurance, all while having a relative lack of statutory
protections when compared to residential tenants. In additional to
all of this, landlords and tenants may each take on
