Monthly Rental Agreement – A flexible option for one (1) year of rental that allows either tenants or the lessor to terminate the contract with written notice thirty (30) days in advance. A commercial lease only applies to the rental or leasing of real estate intended to be used for commercial purposes such as services, sale, manufacture or storage of goods. The rights of a commercial real estate tenant are totally different from those of a residential tenant and rights. The rights of commercial tenants must be defined in the rental agreement between the lessor and the tenant. Copy of signed lease (stable tenant only) – The lessor must submit a signed copy of his lease within thirty (30) days of the lease. (Tenants` Rights Guide) Is automatic lease renewal an option? Yes.