Commercial office lease agreement template. In this kind agreement the subject matter can be a house apartment or any premises leased. Commercial rental lease agreement template. B if the office is totally damaged and rendered wholly unusable by fire or other casualty landlord has the right to either repair the damages or terminate the lease. This lease agreement is made and entered into on december 1 2013 by and between temple cb llc whose address is 4350 temple city boulevard el monte california 91731 hereinafter referred to as landlord and okra energy inc whose address is 4350 temple city boulevard el monte california 91731 hereinafter referred to as tenant.
We have free commercial lease agreement templates on our main website. A commercial lease agreement is a contract to rent retail office or industrial space between a landlord and tenant. The portion of the office that has been rendered unusable to the day that the office has been repaired and is fully usable. Commercial lease agreements are much more complicated than the residential leases as the terms and conditions are negotiable and flexible.
Almost each business desires a workplace space or a storefront and a business lease lets in the owner to shield himself or herself in the event the commercial lease agreement enterprise owner. Check them out and download them for free and use it for the rental property. The tenant or the one using the space is given the right to use the property while paying the agreed amount to the landlord on a time bound basis. I in the event that landlord elects to repair the.
Commercial leases are generally longer than residential types between 3 5 years and is common for the tenant to have options to renew at pre. Commercial land lease agreement. 10 office lease agreement templates if you are planning to search for an office space its important that you pay good amount of attention to the agreement. 8 sample commercial office lease agreements a business rent is a contract between a landlord and tenant for the condominium of a business belongings.
This lease agreement details the terms of the lease including the lease duration location of the property and price of rent. Agreement templates in apple pages an office lease agreement is a formal written document that is used when renting a space to a business or from another company. A commercial lease agreement is a document outlining the responsibilities of a landlord and tenant when a commercial property is being rented. A good office location plays a very vital role in your day to day operations.
The agreement will provide the rules and regulations regarding the use of the property together with the limitations. The tenant pays a monthly amount to the landlord in return for being allowed the right to use the premises for their business purpose.