Alaska Commercial Lease Agreement Template Page 2
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8VII.
R enewals
Check
O ne
☐
-‐
T enant
s hall
h ave
t he
o ption
t o
r enew
t he
l ease
f or
_ _____________
y ear(s)
u nder
the
f ollowing
c onditions:
_______________________________________________________________________.
☐
-‐
T enant
d oes
n ot
h ave
t he
r ight
t o
r enew
t he
l ease.
VIII.
S ecurity
D eposit
–
T he
T enant
i s
r equired
p ay
_ _____________________________
Dollars
( $________________)
a s
a
S ecurity
D eposit.
I f
t he
T enant
f ollows
t he
t erms
a nd
conditions
o f
t his
a greement
i n
g ood
f aith
a nd
w ithout
d amaging
t he
P remises,
t he
Security
D eposit
w ill
b e
r eturned
w ithin
t en
( 10)
b usiness
d ays.
O therwise,
a ny
repairs
n eeded
f or
t he
P remises
w ill
b e
d educted
f rom
t he
S ecurity
D eposit.
IX.
C ondition
U pon
M ove-‐In
Check
O ne
☐
-‐
T he
T enant
a grees
t o
t ake
t enancy
o f
t he
p roperty
o n
a n
“ as
i s”
b asis,
w illing
t o
make
a ll
f it-‐ups
( if
n eeded)
o n
t he
P remises
a t
t he
e xpense
o f
t he
T enant.
☐
-‐
T he
L andlord
a ccepts
b uilding
t he
f it-‐ups
f or
t he
T enant
t hat
i ncludes
improvements
t o
b e
m ade
☐ as
a n
a ddendum
☐
d escribed
b elow:
_________________________________________________________________________________________________
_________________________________________________________________________________________________
_________________________________________________________________________________________________
All
f ixtures
s hall
☐
r emain
☐
n ot
r emain
o n
t he
p remises
a t
t he
e nd
o f
t he
l ease
t erm.
X.
I mprovements
D uring
L ease
T erm
-‐
T he
T enant,
w ith
w ritten
a pproval
o f
t he
Landlord
t hat
m ay
n ot
b e
u nreasonably
w ithheld,
s hall
b e
a ble
t o
m ake
a ny
t ype
o f
improvement
t o
t he
P remises.
XI.
U se
–
T he
T enant
w ill
o ccupy
t he
P remises
f or
t he
f ollowing
u se:
_________________________________________________________________________________________________
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