http://www.rental-lease-agreemen ... mmencement_date.cfm
Lease Commencement Date:
The lease commencement date is the date on which the lessee takes possession of the property and begins to use it. That is the date you should enter in the box on this line. The lease term begins to run on the lease commencement date.
NOTE: The lease commencement date is NOT the date on which the parties sign the lease. The signing date could be months ahead of the time that the property becomes available for use Lease Term:
The term of the lease is the length of time the lessee has the right to pay for and use the property. The term begins running on the leasecommencement date. In our documents the term is measured in months, such as 36 months for a three year lease. Be sure you enter the number of months in this format, using an actual number to represent the number of months the lease shall continue.