A Building Lease Agreement Format is an official document that outlines the legal framework between a tenant and landlord. It dictates the renting of commercial or residential space with key details such as rental rate, security deposit amount, payment deadlines, duration of the lease, renewal options and other essential terms. In many countries, this format is legally binding and hence must be carefully considered before signing. To ensure your agreement is comprehensive, it should address the rights and responsibilities of both parties–the landlord and tenant–to ensure a smooth process. Invest in a proper Building Lease Agreement Format so you can save yourself time, money, and stress in the long run!