Fillable Montana Commercial Lease Agreement Template (Page 4 of 8) in pdf

Montana Commercial Lease Agreement Template Page 4

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• Landlord w ill r egularly c lean a nd m aintain ( including s now r emoval) t he

parking a reas, y ards, c ommon a reas, a nd e xterior o f t he b uilding a nd

remove a ll l itter s o t hat t he p remises w ill b e k ept i n a n a ttractive c ondition.

XV. T enant’s R esponsibility

• Tenant s hall k eep t he P remises c lean a nd w ell m aintained a t a ll t imes, s o

that t he P remises s hall b e i n m arketable c ondition.

XVI. I nsurance

Landlord a grees t o c arry f ire a nd h azard r elated c overage i nsurance f or t he

Premises. T enant a grees t o c arry p ublic l iability i nsurance t hat i ncludes t he

Landlord a s a n i nsured p arty f or p ersonal i njury.

The c overage t he T enant s hall p rovide w ill b e i n t he a mount(s) o f:

Check A ll T hat A pply

☐ -‐ $ _____________ p er o ccurrence

☐ -‐ $ _____________ p er y ear

This a greement a utomatically r eleases t he L andlord a nd T enant f rom e ach o ther i n

reference t o l iability f or p roperty, l oss, d amage, p ersonal i njury, o r a nything e lse

covered b y t he i nsurance p lan.

XVII. T axes

Check W ho P ays

☐ L andlord ☐ * Tenant -‐ R eal P roperty T axes

☐ L andlord ☐ T enant -‐ P ersonal P roperty T axes

*For P roperties W ith M ultiple T enants -‐ I f t he T enant p ays f or t he r eal p roperty

taxes i t s hould b e n oted t hat t he c alculation s hould b e e qual t o t hat T enant’s p ortion

of t he p roperty/total s quare f eet.

XVIII. S ubletting – T he T enant ☐ does ☐ does n ot h ave t he r ight t o s ublet t he

Premises. A ny n ew T enant u nder a s ublease m ust m eet t he a pproval o f t he L andlord

and s uch a pproval s hall n ot b e u nreasonably w ithheld.

XIX. D amage t o t he P remises – T he T enant m ay t erminate t he l ease a greement i f

necessary r epairs t o t he P remises d ue t o f ire, f lood, o r a ny n atural c atastrophe k eep

the T enant f rom b eing o pen f or o ver n inety ( 90) d ays.

• If t he T enant i s n ot a ble t o b e o pen f or t he n inety ( 90) d ay p eriod d ue t o

damage t o t he P remises, t here w ill b e n o r ent p aid d uring s aid p eriod.

Montana Commercial Lease Agreement Template Page 4

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