What differences exist between commercial and residential leases?

Commercial leases usually feature more complex terms compared to residential leases due to the nature of the agreements and the types of businesses involved. These complexities often arise from the specific needs of businesses, which may include customized clause requirements like maintenance obligations, responsibility for property improvements, and specific provisions regarding rent escalation, operating expenses, and lease termination conditions. In contrast, residential leases tend to be more standardized and typically adhere to general rental laws designed to protect tenants, leading to simpler agreements.

The other options, while they address lease differences, do not accurately reflect the realities of commercial and residential leasing: residential leases are not always longer than commercial leases, as duration can vary significantly; commercial leases often do impose maintenance responsibilities on tenants; and while residential leases tend to be shorter than commercial ones, there are exceptions where residential leases can extend over long periods.