Final answer:
A tenant is usually responsible for following the lease terms, which may include paying rent, maintaining the property, and complying with zoning laws, but not for listing and marketing the property.
Step-by-step explanation:
In the context of a commercial lease agreement, the property owner or landlord typically expects the tenant to adhere to certain responsibilities outlined in the lease. The tenant is not typically required to list and market the property, as this is generally the role of the landlord or a designated real estate agent. Tenants are, however, expected to use the property in accordance with zoning regulations and governmental restrictions, pay rent on time, maintain the property within the terms of the lease, and follow the contract specifics such as usage, modifications, and subleasing policies.
The lease may also detail responsibilities regarding the payment of utilities, insurance, taxes, and repairs. A tenant has the right to use their leased property to operate their business, but they must also ensure they don't violate any clauses of the lease. An exhaustive understanding of the lease terms is crucial as complex legal language can sometimes obscure tenants' obligations and rights. Always review a lease carefully to comprehend all terms, seeking legal advice if necessary.
Furthermore, owning property and operating a business come with financial responsibilities like securing a proper title for transactions, adhering to employment contracts with staff, and if relevant, responsibly divesting the property according to those same laws and regulations governing its use.