The New Mexico commercial lease agreement is the physical evidence of a deal made between two (2) parties (landlord & tenant) for the rental of a property that’s sole purpose is to maintain and operate a business entity’s activity. This is applicable to commercial real estate that will be used for retail transactions, office matters, leisure endeavors, etc. Once a tenant finds a property that they feel would be a good fit for their business, they (or their agent) will contact the owner (or their representation) and confer over the terms of a possible tenancy. If they can strike an accord on these conditions, they can then supplement them into the form and contribute their signatures as required.
(This document contains notarial sections. Users are urged to endorse the instrument while under the review of a notary public for certification reasons.)
Albuquerque Commercial Landlord and Tenant Guide – PDF