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Form #1166Commercial Lease
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COMMERCIAL LEASE
This Lease is
made this ______ day of __________ (Month), _____ (Year) by and between
_________________________________________________ (hereinafter
"Landlord") and ________________________________________________
(hereinafter "Tenant"). In consideration for the mutual promises and
covenants contained herein, and for other good and valuable consideration, the
parties hereby agree as follows:
1. The
Landlord leases to the Tenant, and the Tenant rents from the Landlord the
following described premises:
__________________________________________________________________________________________________________________________________________________________________________________________________________________
2. The term
of the Lease shall be for _____________________________ commencing
______________________ and ending ______________________.
3. The Tenant
shall pay to Landlord as rent $____________ per year in equal monthly
installments of $ _________ payable in advance ___________________ (Time
Period).
4. This Lease
is subject to all present or future mortgages affecting the premises.
5. Tenant
shall use and occupy the premises only as a _________________________ (Tenant
Rental Status) subject at all times to the approval of the Landlord.
6. The Tenant
shall not make any alterations, additions or improvements to the premises
without the prior written consent of the Landlord.
7. The
Landlord, at his own expense, shall furnish the following utilities or
amenities for the benefit of the Tenant:
_____________________________________________
___________________________________________________________________
___________________________________________________________________.
8. The
Tenant, at his own expense, shall furnish the following:
___________________________________________________________________
___________________________________________________________________
___________________________________________________________________
9. The Tenant
shall purchase at his own expense public liability insurance in the amount of
$ _________________ as well as fire and hazard insurance in the amount of $
_____________ for the premises and shall provide satisfactory evidence thereof
to the Landlord and shall continue same in force and effect throughout the
Lease term hereof.
10. The
Tenant shall not permit or commit waste to the premises.
11. The
Tenant shall comply with all rules, regulations, ordinances codes and laws of
all governmental authorities having jurisdiction over the premises.
12. The
Tenant shall not permit or engage in any activity which will effect an increase
in the rate of insurance for the Building in which the premises is contained
nor shall the Tenant permit or commit any nuisance thereon.
13. The
Tenant shall not sublet or assign the premises nor allow any other person or
business to use or occupy the premises without the prior written consent of the
Landlord, which consent may not be unreasonably withheld.
14. At the
end of the term of this Lease, the Tenant shall surrender and deliver up the
premises in the same condition (subject to any additions, alterations or
improvements, if any) as presently exists, reasonable wear and tear excluded.
15. Upon
default in any term or condition of this Lease, the Landlord shall have the
right to undertake any or all other remedies permitted by Law.
16. This
Lease shall be binding upon, and inure to the benefit of, the parties, their
heirs, successors, and assigns.
Signed this
_______ day of ________________ (Month) ________ (Year).
_____________________________ _____________________________
Tenant Landlord
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a licensed attorney review any legal documents for which you are searching in order
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Your use of this site constitutes your acceptance of our terms of use and your agreement
to hold this site, its officers, employees and any contributors to this site harmless
for any damage you might incur from your use of any submissions contained on this
site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com
is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
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Keywords: Commercial Lease, Real Estate, Lease, Contract Form
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