This lease is a sample and does not constitute legal advice. Page 1 of 4. Commercial Lease. Law Offices of Todd E. Kobernick. COMMERCIAL LEASE. February 1, , by and between FRONTAGE ROAD COMMERCIAL A. Whereas, the parties entered into a Commercial Lease Agreement dated January . A commercial lease agreement is a contract to rent retail, office, or industrial space between a landlord and tenant. The tenant pays a monthly amount to the.
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This Commercial Lease Agreement (“Lease”) is made and effective ______, Landlord desires to lease the Leased Premises to Tenant, and Tenant desires to . Commercial Lease Agreement tailored to British Columbia. Based upon template from Law Depot. Getting a lease agreement written is not an easy task. Firs you have to spend a lot of money to get legal help, as it is a legally binding document. Then you have .
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In consideration for the mutual promises and covenants contained herein, and for other good and valuable consideration, the parties hereby agree as follows: The Landlord leases to the Tenant, and the Tenant rents from the Landlord the following described premises: This Lease is subject to all present or future mortgages affecting the premises.
The Tenant shall not make any alterations, additions or improvements to the premises without the prior written consent of the Landlord.
The Landlord, at his own expense, shall furnish the following utilities or amenities for the benefit of the Tenant: The Tenant, at his own expense, shall furnish the following: Only properly insured motor vehicles may be parked in the Tenant's space. If the locks are changed a copy of the key s must be provided to the Landlord.
The Tenant will carry on business under the name of Tenant Name and will not change such name without the prior written consent of the Landlord, such consent not to be unreasonably withheld.
The Tenant will open the whole of the Premises for business to the public fully fixtured, stocked and staffed on the date of commencement of the term and throughout the term, will continuously occupy and utilize the entire Premises in the active conduct of its business in a reputable manner on such days and during such hours of business as may be determined from time to time by the Landlord.
Upon execution of this Lease the Security Deposit shall be due immediately. The Landlord will return the Security Deposit to the Tenant at the end of this tenancy, less such deductions as provided in this Lease but no deduction will be made for damage due to reasonable wear and tear. If the Landlord feels that it is not worth storing such property given its value and the cost to store it, then the Landlord may dispose of such property in its sole discretion and use such funds, if any, towards any indebtedness of the Tenant to the Landlord.
Applicable Law A Commercial Lease Agreement is a binding contract that will be upheld in a court of law in any state. When there is a written Agreement, courts generally uphold the terms of the Agreement.
In contrast to many of the common and implied protections contained in a Residential Lease and the associated laws, these protection laws do not exist for Commercial Leases. Therefore, the Commercial Lease itself must contain the entirety of the agreement and the terms that the parties agree to be bound by.
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