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PAPER: COMMERCIAL LEASE ANALYSIS ASSIGNMENT INSTRUCTIONSOVERVIEW:In this paper, you will review the commercial lease agreement provided and respond to questionsanalyzing the terms of that lease. The paper must be at least 1,200 words and include at least 3scholarly sources other than the course textbook/materials.INSTRUCTIONSReview the Commercial Lease Agreement.Answer the questions below with a minimum of 200 words for each answer (a total of at least1,200 words), and a total of at least three scholarly sources other than the textbook, cited in-textand in a reference list in current APA format. While Question 6 directly addresses a Biblicalworldview, such principles should also inform your answers throughout.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 thedifferences in use of the leased property impact the terms of the lease? In a commercial leaseagreement, should the law seek to protect the interests of the commercial tenant more than theinterests of the commercial landlord? Why or why not?2. Sections 5 and 6, respectively, impose on the commercial tenant the obligation of makingrepairs to the leased property, and of making alterations and improvements to the leasedproperty. Should the lease impose these obligations on the tenant, or should such obligations belegally 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. Dothese 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 andarbitrators be selected?6. As a businessperson guided by a Biblical worldview, what changes would you make in thislease to make the terms comport more closely to Scripture?
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