True or False: Residential leases have fewer restrictions imposed by statute compared to commercial leases.

Residential leases typically have more restrictions imposed by statute compared to commercial leases. This is primarily due to the protective nature of residential tenancy laws, which are aimed at safeguarding tenants' rights and ensuring a fair rental process. For example, statutes may govern acceptable habitability conditions, security deposit limits, notice periods for termination, and eviction processes. These protections are designed to prevent landlord exploitation of tenants who may have less negotiating power.

In contrast, commercial leases are often subject to less statutory regulation. This is because the parties involved are typically considered to have more negotiating power and are generally expected to understand the complexities of contracts and business risks. As a result, commercial leasing agreements are often more flexible, tailored to the specific business needs of the tenants and landlords involved.

So, the assertion that residential leases have fewer restrictions is incorrect, making the answer "B. False" accurate.