Commercial Lease Agreement Template

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Commercial Lease Agreement (Page 1 of 3)
This Commercial Lease Agreement (“Lease”) is made and effective ________________________________ , by and between
_______________________________________________________________________________________ (“Landlord”) and
____________________________________________________________________________________________ (“Tenant”).
Landlord is the owner of land and buildings commonly known and numbered as ____________________________________
________________________________________________________________________________ (the “Leased Premises”).
Landlord desires to lease the Leased Premises to Tenant, and Tenant desires to lease the Leased Premises from Landlord for
the term, at the rental and upon the covenants, conditions and provisions herein set forth.
THEREFORE, in consideration of the mutual promises herein, contained and other good and valuable consideration, it is
agreed:
1.
Term and Rent. Landlord demises the above premises for a term of __________________________ years, commencing,
and terminating on _______________________________________________________________, or sooner as provided
herein at the annual rental of ______________________________________________ Dollars ($__________________),
payable in equal installment in advance on the first day of each month for that month’s rental, during the term of this lease.
All rental payments shall be made to Landlord, at the address specified below:
Address _________________________________________________________________________________________
City ____________________________________________________________________________________________
State ________________________________________________________ Zip Code_____________________________
2.
Use. Tenant shall use and occupy the premises for The premises shall be used for no other purpose. Landlord represents
that the premises may lawfully be used for such purpose.
3.
Care and Maintenance of Premises. Tenant acknowledges that the premises are in good order and repair, unless other-
wise indicated herein. Tenant shall, at his own expense and at all times, maintain the premises in good and safe condition,
including plate glass, electrical wiring, plumbing and heating installations and any other system or equipment upon the
premises and shall surrender the same, at termination hereof, in as good condition as received, normal wear and tear
excepted. Tenant shall be responsible for all repairs required, excepting the roof, exterior walls, and structural foundations
which shall be maintained by Landlord. Tenant shall also maintain in good condition such portions adjacent to the premises,
such as sidewalks, driveways, lawns and shrubbery, which would otherwise be required to be maintained by Landlord.
4.
Alterations. Tenant shall not, without first obtaining the written consent of Landlord, make alterations, additions,
or improvements, in, to or about the premises.
5.
Ordinances and Statutes. Tenant shall comply with all statutes, ordinances and requirements of all municipal, state and
federal authorities now in force, or which may hereafter be in force, pertaining to the premises, occasioned by or affecting
the use thereof by Tenant.
6.
Assignment and Subletting. Tenant shall not assign this lease or sublet any portion of the premises without prior written
consent of the Landlord, which shall not be unreasonably withheld. Any such assignment or subletting without consent
shall be void and, at the option of the Landlord, may terminate this lease.
7.
Utilities. All applications and connections for necessary utility services on the demised premises shall be made in the
name of the Tenant only, and Tenant shall be solely liable for utility charges as they become due, including those for
sewer, water, gas, electricity, and telephone services.
8.
Entry and Inspection. Tenant shall permit Landlord or Landlord’s agents to enter upon the premises at reasonable times
and upon reasonable notice, for the purpose of inspecting the same, and will permit Landlord at any time within sixty (60)
days prior to the expiration of this lease, to place upon the premises any usual “To Let” of “For Lease” signs, and permit
persons desiring to lease the same to inspect the premises thereafter.
9.
Possession. If Landlord is unable to deliver possession of the premises at the commencement hereof, Landlord shall not
be liable for any damage caused thereby, nor shall this lease be void or voidable, but Tenant shall not be liable for any
rent until possession is delivered. Tenant may terminate this lease if possession is not delivered within sixty (60) days of
the commencement of the term hereof.

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