This Commercial Lease Agreement is made as of [Agreement date], between:
LANDLORD: [Landlord name / company], represented by [Landlord representative (if company)], address: [Landlord address (notices)].
TENANT: [Tenant name / company], represented by [Tenant representative (if company)], address: [Tenant address (notices)].
Landlord leases to Tenant the premises at [Premises address], approximately [Premises size (sq ft)] sq ft, for the sole purpose of: [Permitted use / business type].
Description: [Premises description]
Lease term: [Lease term (years)] years, commencing [Lease start date]. Either party must give [Notice required to terminate / not renew (days)] days written notice before expiration to terminate or negotiate renewal.
Renewal options: [Renewal options]
Tenant pays base rent of [Monthly base rent (USD)]/month. Lease type: [Lease type].
Escalation: [Annual rent escalation] ([Fixed annual escalation (%)]% per year where applicable).
Operating expenses paid by Tenant: [Operating expenses paid by tenant]
Tenant pays [Security deposit (USD)] security deposit prior to occupancy. Returned per [Governing state] law, minus documented deductions.
[Tenant improvement allowance (TI)]
Any alterations require Landlord prior written approval. Unless agreed otherwise, improvements become part of the Premises at lease expiration.
Landlord represents the Premises comply with Title III of the Americans with Disabilities Act. Tenant shall not take actions that violate ADA requirements.
This Lease is governed by [Governing state] law. Disputes resolved in courts of [Governing state].
Signed by the parties on [Agreement date].
COMMERCIAL LEASE AGREEMENT
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