What is a key characteristic of a commercial lease compared to a residential lease?

A key characteristic of a commercial lease compared to a residential lease is that commercial leases usually involve longer terms and specific use clauses. In commercial leasing, it is common for agreements to span several years, often ranging from three to ten years or more. This contrasts with residential leases, which typically are shorter in duration, commonly lasting one year or even month-to-month.

Furthermore, commercial leases often include specific use clauses, detailing how the rented space can be used, such as for retail, office, or industrial purposes. This specificity is crucial because it aligns the terms of the lease with the nature of the business and regulatory considerations, which are not usually a focus in residential leases. Such clauses help protect the landlord’s interests by ensuring that the property is used in ways that are compatible with zoning laws and the overall business environment.

Overall, the characteristics of longer terms and specific usage regulations in commercial leases distinguish them significantly from residential leases, making option B the correct choice.