An Alaska commercial lease agreement is a document used to bind a landlord and tenant to the renting of property for a business-related use. The landlord will commonly screen the tenant and their business prior to authorizing a lease agreement. If the tenant’s business is not credible, then a personal guarantee may be required as part of the lease. A tenant may be required to seek government permits and approvals before taking possession and after the lease has been signed between the landlord and tenant, it becomes legally binding to both parties.
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