Commercial Lease Agreement – A form used to lease commercial property to a business owner who plans to operate the retail, industrial, office or food business. There is no law regulating the maximum bail under the New York lease. However, if a rental property consists of at least 6 detached houses, the lessor must pay the deposit into a remunerated bank account and recover the interest on behalf of the tenants. Lease to Own Agreement – A cross between a standard lease agreement and a sales agreement. Specifies a purchase price for the rental property that the tenant can/can meet at the end of the lease agreement. All leases in New York must contain a striking indication (printed in bold) of whether or not a sprinkler system is capacity. If a system exists, the lease agreement must contain the maintenance and repair history.

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