Add an APA-formatted title page, headers, and page numbers to your answers. 1. What is the distinction between a “commercial” and a “residential” lease? How do the differences in use of the leased property impact the terms of the lease? In a commercial lease agreement, should the law seek to protect the interests of the commercial tenant more than the interests of the commercial landlord? Why or why not? 2. Sections 5 and 6, respectively, impose on the commercial tenant the obligation of making repairs to the leased property, and of making alterations and improvements to the leased property. Should the lease impose these obligations on the tenant, or should such obligations be legally imposed on the commercial landlord? Explain your answer. 3. In the default provisions of Section 15, what is the landlord’s duty to “mitigate” damages? Should the landlord be required by law to mitigate? Explain. 4. Sections 2 and 19 discuss the creation of, and the parties’ rights in, the security deposit. Do these rights favor the landlord or the tenant? Is that appropriate? Why or why not? 5. Section 29 requires mediation, followed by arbitration, in lieu of litigation, to resolve disputes. What are the advantages and disadvantages of such a provision? How should mediators and arbitrators be selected? 6. As a businessperson guided by a Biblical worldview, what changes would you make in this lease to make the terms comport more closely to Scripture? Commercial Lease

To your answers, add APA-formatted page numbers, headings and title pages. 1. What is the distinction between a “commercial” and a “residential” lease? The terms of the lease are affected by the different uses of the leased property. Should the law be more concerned with the rights of the commercial tenant than those of the landlord in a commercial lease agreement? Why? 2. According to sections 5 and 6, the obligations of the commercial tenant to repair the leased property and to make improvements and alterations to it are imposed on him. Do these obligations fall on the tenant’s shoulders or are they legally required for the landlord to meet? Please explain your answer. 3. In the default provisions of Section 15, what is the landlord’s duty to “mitigate” damages? Is the law requiring the landlord to mitigate damages? Explain. 4. Sections 2 and 19 discuss the creation of, and the parties’ rights in, the security deposit. Are these rights for the landlord or tenant? Does that make sense? What are the reasons? 5. In order to settle disputes, Section 29 mandates mediation followed by arbitration. Which are its advantages and disadvantages? What criteria should be used to select mediators or arbitrators? 6. How would you change the terms of this lease if you were a Christian businessperson?
Commercial Lease
CONTENT
Commercial and residential leases have some similarities, as they both refer to written agreements that govern the land use. Examples of commercial leases include retail shops, warehouses or offices. The terms of commercial leases can often be used to define the types of businesses that may operate in those locations (Merrill, 2020). According to some commercial leases businesses cannot be opened on certain days or at particular times. Commercial leases typically last at least three to five years. The lease ends after that period and the lessee is usually allowed to renew. Examples of residential leases include home and apartment rentals. Residential leases prohibit most business use, while commercial leases ban the majority residential uses. The standard length of a residential lease is 12 months, with subsequent months being month-to-month (Shi & Shang, 2021). The law protects people’s basic need for housing, and provides protections to renters under residential leases that are not available to business tenants. Because commercial renters have more experience and resources in negotiation, this is why it’s important to understand. Cont…
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