Commercial real estate rental

[Warren Branum]

I was given a commercial property to manage by my family. The tenants have been in the property for 10 plus years with no rental increase or lease agreement. I have given them notice of rental increase and that there will be a lease put into place. I am not sure on where to find a good lease or a standard lease agreement. Are there any suggestions for a newbie trying to swim in the deep end after getting thrown in. In addition what is the normal process of a lease when filling tenants and renters information. Should it be typed into the lease or hand written.

thank you for your time and patience with a guy trying to learn.

Warren Branum

[Ned Carey]

@Warren Branum Hand writing in information onto blank lines in a lease is fine, but it is certainly more professional to use typeface. Commercial leases cover a lot more than your typical residential lease. I want would either a real estate attorney to prepare one or have a commercial real estate agent represent me and provide a lease.