This Commercial Lease Agreement is intended for use by a non-institutional landlord of a small to medium-sized building.

The initial draft of a lease is usually prepared by the landlord and will reflect a pro-landlord point of view. Lease agreements are generally subject to a significant degree of variation based on the specific nature of the premises and their use, as well as the commercial relationship and relative power between the landlord and the lessee. The options contained in this agreement may not cover all this variation, and so this agreement should be modified accordingly. 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.

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 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.

• Utilities.

• 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 a lease.

Other names for Commercial Lease Agreement

• Commercial Lease

• Retail Lease Agreement