Property Management
What is the difference between a residential and commercial lease in Ohio?
AThere are no legal differences
BResidential leases are heavily regulated by ORC 5321; commercial leases have more freedom of contract✓ Correct
CCommercial leases must be shorter than residential leases
DResidential leases require more security deposits
Explanation
Ohio's Landlord-Tenant Act (ORC 5321) provides significant protections for residential tenants. Commercial leases are largely governed by contract law with greater flexibility for the parties to negotiate terms.
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