Commercial Lease AgreementThis Commercial Lease Agreement is intended for use by a non-institutional landlord of a small to medium-sized building.
This Commercial Lease Agreement is intended for use by a non-institutional landlord of a small to medium-sized building. This customizable document allows you to set down the terms of your lease agreement for the tenancy.
Retail leases are typically triple net leases, meaning that in addition to base rent, the tenant will pay its proportionate share of maintenance or common area maintenance, insurance, and taxes. This type of commercial space for commercial tenants is common when renting office space for the tenant’s business.
This is a non-jurisdictional lease. Local counsel should be consulted to ensure compliance with State laws regulating leases.
What does this Commercial Lease Agreement cover?
Repairs and Maintenance.
Insurance and Indemnity.
Lease Default and Termination.
Damage or Destruction of Premises.
Inspection by Landlord.
This lease also covers a range of other matters fundamental to the lease.
Other names for Commercial Lease Agreement
Retail Lease Agreement
How do I deal with variation?
Lease agreements are generally subject to a significant degree of variation based on the specific nature of the leased premises and its use. The real estate or commercial property in question lends itself to a relationship where there is relative power between the landlord, lessor or property owner and the lessee.
The options contained in this agreement may not cover all this variation, and so this agreement should be modified accordingly for the renter, new tenant or business owner.
How do I know if I’ve used the correct language?
The tenant’s representative can review and consider the suggested language that has been provided, however, review by the tenant's counsel is recommended.
In all cases, both the landlord and tenant must have the draft lease reviewed by counsel as each property has differing issues that cannot be addressed in single lease form.