[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"page-\u002Fcategories\u002Fcommercial-property\u002Fcommercial-lease-agreement":3},{"type":4,"data":5},"product",{"product_name":6,"slug":7,"category_slug":8,"order_type":9,"product_version_slug":10,"preview":11,"is_previewable":12,"related_products":13,"related_articles":21,"breadcrumbs":54,"productName":6,"productDescription":-1,"productVersionSlug":10,"localeId":-1,"landerSlug":7,"categorySlug":8,"_cmsSource":60,"hero":61,"quickLinks":66,"page_body":79,"meta_information":218,"sidebar_ad":222,"disclaimer":64,"stateSlug":63},"Commercial Lease Agreement","commercial-lease-agreement","commercial-property","Document","cla-6704","      &lt;center&gt;&lt;p class=&#39;title center&#39;&gt;&lt;strong&gt;COMMERCIAL LEASE AGREEMENT FOR &lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;\u002Fcenter&gt;&lt;br \u002F&gt;&lt;br \u002F&gt;    &lt;p&gt;This COMMERCIAL LEASE AGREEMENT FOR &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; (hereinafter the &lt;strong&gt;&quot;Agreement&quot;&lt;\u002Fstrong&gt;) is entered into by and between &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; (hereinafter &lt;strong&gt;&quot;Landlord&quot;&lt;\u002Fstrong&gt;) and  (hereinafter &lt;strong&gt;&quot;Tenant&quot;&lt;\u002Fstrong&gt;) (Each a &lt;strong&gt;&quot;Party&quot;&lt;\u002Fstrong&gt; to this Agreement and collectively the &lt;strong&gt;&quot;Parties&quot;&lt;\u002Fstrong&gt;).&lt;\u002Fp&gt;  &lt;p&gt;&lt;strong&gt;WITNESSETH:&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;  &lt;p&gt;&lt;strong&gt;WHEREAS,&lt;\u002Fstrong&gt; Landlord manages certain real property situated at &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;, &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;, &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; (hereinafter referred to as the &lt;strong&gt;&quot;Premises&quot;&lt;\u002Fstrong&gt;). Landlord&#39;s business address is &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;, &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;, &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;.&lt;\u002Fp&gt;  &lt;p&gt;&lt;strong&gt;WHEREAS,&lt;\u002Fstrong&gt; The Parties desire that Tenant rent the Premises from Landlord upon the terms and conditions as contained herein;&lt;\u002Fp&gt;  &lt;p&gt;&lt;strong&gt;NOW, THEREFORE,&lt;\u002Fstrong&gt; for and in consideration of the covenants and obligations contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto hereby agree as follows:&lt;\u002Fp&gt;  &lt;ol&gt;    &lt;li&gt;&lt;strong&gt;DEFINITIONS&lt;\u002Fstrong&gt;&lt;\u002Fli&gt;    &lt;ol&gt;      &lt;li&gt;An &quot;&lt;strong&gt;Alteration&lt;\u002Fstrong&gt;&quot; means any change or improvement to the physical structure or materials comprising the Premises besides mere decorative changes that can quickly and easily be restored to their original states.&lt;\u002Fli&gt;      &lt;li&gt;&quot;&lt;strong&gt;Common Areas&lt;\u002Fstrong&gt;&quot; means those areas on the property that are not leased to individual tenants and are available for use by all tenants and other occupants of the property and Landlord maintains control and responsibility over.&lt;\u002Fli&gt;      &lt;li&gt;A &quot;&lt;strong&gt;Fixture&lt;\u002Fstrong&gt;&quot; means a moveable item of personal property (a chattel), including trade fixtures, that becomes part of the property by reason of being attached thereto and cannot easily be removed without damaging or requiring repair of the property.&lt;\u002Fli&gt;      &lt;li&gt;&quot;&lt;strong&gt;Furnishings&lt;\u002Fstrong&gt;&quot; means all Fixtures, appliances, furniture, and other personal property upon the Premises during the term of this Agreement and provided or owned by Landlord, if any.&lt;\u002Fli&gt;      &lt;li&gt;&quot;&lt;strong&gt;Normal wear and tear&lt;\u002Fstrong&gt;&quot; means deterioration that occurs when the Premises or any of its Furnishings are used as intended, without negligence, carelessness, accident, or abuse by Tenant or Tenant&#39;s agents, guests, licensees, invitees, subtenants, assignees, or successors.&lt;\u002Fli&gt;    &lt;\u002Fol&gt;            &lt;li&gt;&lt;strong&gt;TERM.&lt;\u002Fstrong&gt; This Agreement is for the renting of the above-described Premises  Tenant may take possession prior to the beginning of the term only upon receiving prior consent from Landlord.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;RENT.&lt;\u002Fstrong&gt; Tenant agrees to pay Landlord rent in the amount of  due  The first rental payment will be due on &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;.  All rental payments will be made as set forth below on or before the due date and without notice, demand, setoff, or abatement. Please be advised that any payments lost in the mail or otherwise late by no fault of Landlord will be treated as if unpaid until received. Landlord will receive any payments due under this Agreement at the following location(s):                &lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;PAYMENT METHODS ACCEPTED.&lt;\u002Fstrong&gt; Landlord reserves the right to change the payment methods accepted at any time by giving notice to Tenant. Landlord accepts payment of any amounts that may become due under this Agreement by the following methods of payment:&lt;\u002Fli&gt;    &lt;ol&gt;          &lt;\u002Fol&gt;                        &lt;li&gt;&lt;strong&gt;KEYS.&lt;\u002Fstrong&gt; Landlord may charge Tenant a reasonable, nonrefundable lost key fee for each key lost by Tenant that Landlord must replace during or at the termination of the tenancy.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;KEEPING ANIMALS.&lt;\u002Fstrong&gt; Tenant may not keep any animals on the Premises without Landlord&#39;s prior written consent. Any nonrefundable animal deposit received by Landlord, if applicable, will be used upon the termination or expiration of this Agreement for the purposes of cleaning or repairing damage caused by an animal in the unit or Common Areas of the Premises. The rules in this paragraph may be changed at a later time by written agreement between Landlord and Tenant.&lt;\u002Fli&gt;        &lt;li&gt;&lt;strong&gt;SMOKING POLICY.&lt;\u002Fstrong&gt; No smoking of any substance is allowed on the Premises without Landlord&#39;s prior written consent. Smoking in Common Areas is permitted only if posted signage creating designated smoking areas is present.&lt;\u002Fli&gt;            &lt;li&gt;&lt;strong&gt;BUSINESS NAME; USE OF PREMISES; OCCUPANTS.&lt;\u002Fstrong&gt; Tenant will carry on business under its current name and will not change its name without the prior written consent of Landlord. If Tenant&#39;s business requires opening the Premises to the public, then the Premises must be fully furnished, stocked, staffed, and organized as of the date of opening and remain so throughout the remainder of the term. Tenant must continually occupy and use the entire Premises in conducting its business in a reputable manner and on such days and during such hours as agreed upon with Landlord. Furthermore, Tenant must not allow others to occupy or use the Premises or any part thereof for any purposes other than as herein limited, nor for any purpose deemed unlawful, disreputable, or extra hazardous, on account of fire or other casualty. Tenant must conduct all business in compliance with any and all laws, ordinances, rules, and orders of any and all governmental or quasi-governmental authorities affecting the cleanliness, use, occupancy, and preservation of the Premises, and must promptly comply with all orders, regulations, requirements, and directives of the American Property Casualty Insurance Association or similar authority and of any insurance companies which have issued or are about to issue policies of insurance covering the said Premises and its contents, for the prevention of fire or other casualty, damage, or injury, at Tenant&#39;s own cost and expense. Tenant is responsible for contacting Landlord, local authorities, a licensed attorney, or the owners association, if any, regarding any laws and regulations that it may have doubts about.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;PERMITTED USE.&lt;\u002Fstrong&gt; The Premises must only be used and occupied by Tenant and Tenant&#39;s employees, agents, contractors, invitees, guests, servants, visitors, licensees, or subtenants. During the term of this Agreement, the Premises will be used solely for carrying on Tenant&#39;s business and ancillary uses thereto in compliance with applicable laws, bylaws, and regulations relative to the Premises and to the business conducted thereon (the &quot;&lt;strong&gt;Permitted Use&lt;\u002Fstrong&gt;&quot;). Tenant must obtain Landlord&#39;s prior written consent to use the Premises for any use not considered a Permitted Use.     &lt;li&gt;&lt;strong&gt;CONDITION OF PREMISES.&lt;\u002Fstrong&gt; Tenant stipulates, represents, and warrants that Tenant has examined the Premises and that the Premises and any Furnishings thereon are, at the time of this Agreement, in good order, repair, and in a safe, clean, and tenantable condition. Tenant will give Landlord written notice, including photographic and\u002For video evidence, within five (5) days after the beginning of the Agreement of any portion of the Premises found to not be in such good condition. Landlord reserves the option of incorporating a Move-In\u002FMove-Out Inspection Checklist within this timeframe to serve as evidence of the condition of the Premises at move-in and move-out.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;ASSIGNMENT, SUBLETTING, AND RELEASE.&lt;\u002Fstrong&gt; Tenant may not assign this Agreement or sublet or grant any license to use the Premises or any part thereof without the prior written consent of Landlord. Tenant&#39;s assignment or subletting will not relieve Tenant of any right or obligation hereunder unless Landlord signs a written release to such effect. Consent by Landlord to one such assignment, subletting, or license will not be deemed to be consent to any subsequent assignment, subletting, or license. An assignment, subletting, or license without the prior written consent of Landlord or an assignment or subletting by operation of law will be absolutely null and void and will, at Landlord&#39;s option, terminate this Agreement.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;FURNISHINGS; LANDLORD&#39;S PROPERTY.&lt;\u002Fstrong&gt; Unless otherwise agreed by Landlord in a signed writing, all Furnishings and other property owned by Landlord or provided to Tenant by Landlord, if any, will remain Landlord&#39;s property at all times, whether or not such property is existing upon the property at the start of this Agreement. Tenant agrees not to damage or misuse any Furnishings or other property owned or provided by Landlord and to return all such property to Landlord at the termination of this Agreement.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;FIXTURES AND ALTERATIONS.&lt;\u002Fstrong&gt; Tenant may not add or remove any Fixtures or Alterations on the Premises without the prior written consent of Landlord. Landlord will give consent in a timely manner so as to not disrupt Tenant&#39;s business operations, and such consent may not be unreasonably withheld. If Tenant adds or removes a Fixture or Alteration with Landlord&#39;s consent, Tenant is responsible for repairing any damage to the Premises that may occur as a result of such addition or removal. Landlord reserves the right to require that Tenant remove any Fixtures or Alterations installed by Tenant from the Premises upon the termination of this Agreement. Unless otherwise agreed in writing with Landlord, all of Tenant&#39;s Fixtures, Alterations, or personal property remaining on the Premises after the termination of this Agreement will become the property of Landlord at the termination of the Agreement&amp;mdash;as such, &lt;strong&gt;Tenant will pay the cost of removal of any such property so remaining on the Premises.&lt;\u002Fstrong&gt; Examples of Fixtures include, without limitation, attached shelves, lighting, curtains, blinds, booths, bars, fences, sign posts, trees, and shrubs. Examples of Alterations include, without limitation, altering the surfaces of the Premises in any way (for example, painting, wallpapering, carpeting, or changing the material of the flooring) or performing any structural alterations (for example, adding or removing walls, adding or removing windows or doors, changing the material of any facade or flooring, or adding or removing support beams).&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;NON-DELIVERY OF POSSESSION.&lt;\u002Fstrong&gt; In the event Landlord cannot deliver possession of the Premises to Tenant upon the commencement of the rental term, through no fault of Landlord or its agents, then Landlord or its agents will have no liability, but the rental payments herein provided will abate until possession is given. Landlord or its agents will have thirty (30) days to give possession, and if possession is tendered within such time, Tenant agrees to accept the demised Premises and pay the rent due starting from the date possession is tendered. In the event that possession cannot be delivered within such time, through no fault of Landlord or its agents, then this Agreement and all rights hereunder will terminate.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;TENANT CONDUCT AND RESPONSIBILITIES.&lt;\u002Fstrong&gt; Unless otherwise stated, Tenant will, at its sole expense, keep and maintain the Premises in good and sanitary condition and repair during this Agreement and any renewal thereof. Excessive damage to the Premises by Tenant, invitees, agents, or guests is grounds for Landlord to evict Tenant. Tenant&#39;s responsibilities include, without limitation, the following items, and any departure therefrom requires Landlord&#39;s prior written consent:&lt;\u002Fli&gt;    &lt;ol&gt;      &lt;li&gt;Keeping all windows, glass, window coverings, doors, locks and hardware in good, clean order and repair&lt;\u002Fli&gt;      &lt;li&gt;Not building any fires or using grills on the Premises except in areas designated for such purposes by Landlord&lt;\u002Fli&gt;      &lt;li&gt;Not obstructing or covering the windows or doors&lt;\u002Fli&gt;      &lt;li&gt;Not tampering or disabling any smoke detectors installed on the Premises, and contacting Landlord for instructions on how to proceed should any smoke detectors become disabled or need new batteries&lt;\u002Fli&gt;      &lt;li&gt;Not altering, rekeying, or installing any locks on the Premises, or painting or wallpapering the Premises&lt;\u002Fli&gt;      &lt;li&gt;Not using or possessing any liquid-filled furniture, including, but not limited to, waterbeds and aquariums, on the Premises&lt;\u002Fli&gt;            &lt;li&gt;Not permitting waste matter of any kind to accumulate on the Premises or in the Common Areas&lt;\u002Fli&gt;      &lt;li&gt;Keeping all air conditioning filters on the Premises clean and free from dirt and debris&lt;\u002Fli&gt;      &lt;li&gt;Keeping all lavatories, sinks, toilets, and all other water and plumbing apparatus in good order and repair and using the same only for the purposes for which they were constructed&lt;\u002Fli&gt;      &lt;li&gt;Maintaining order at all times and at all places on the Premises and Common Areas, and not making or permitting others to make any loud or improper noises, disturb other Tenants, or otherwise create a nuisance by interfering with the quiet enjoyment of other Tenants or those in the surrounding area&lt;\u002Fli&gt;      &lt;li&gt;Notifying Landlord of any damage or of any situation that may significantly interfere with the normal use of the Premises or property furnished by Landlord&lt;\u002Fli&gt;      &lt;li&gt;Keeping all radios, television sets, stereos, etc. turned down to a level of sound that does not annoy or interfere with other Tenants or persons on adjacent properties&lt;\u002Fli&gt;      &lt;li&gt;&lt;strong&gt;Making all requests concerning security devices in writing&lt;\u002Fstrong&gt;&lt;\u002Fli&gt;      &lt;li&gt;Abiding by any and all rules and regulations affecting the Premises or the Common Areas appurtenant thereto that may be adopted or promulgated by Landlord or other entity having authority over the Property&lt;\u002Fli&gt;    &lt;\u002Fol&gt;        &lt;li&gt;&lt;strong&gt;MAINTENANCE AND REPAIR; LANDLORD RESPONSIBILITIES.&lt;\u002Fstrong&gt; In addition to any responsibilities required by law, Landlord agrees to maintain the Premises in a safe and tenantable condition; facilitate making any repairs required in order for the Premises to be in compliance with applicable building codes, with such costs being borne by Landlord unless the repairs were necessitated by the negligence or intentional acts of Tenant; and maintain, repair, and replace, whenever necessary, the heating, plumbing, air conditioning, and electrical systems of the Common Areas.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;TENANT&#39;S RIGHT TO WITHHOLD RENT; OTHER REMEDIES.&lt;\u002Fstrong&gt; Where a repair is the responsibility of Landlord, Tenant must notify Landlord with a written notice stating what item needs servicing or repair. Tenant must give Landlord a reasonable opportunity to service or repair said item. Tenant acknowledges that rent will not be withheld unless a written notice has been served on Landlord at the appropriate location, giving Landlord a reasonable time to fix said item, and Tenant has otherwise complied with all applicable procedures required under state law. Under no circumstances may Tenant withhold rent. Reasonable notice will in no case be less than thirty (30) days but in emergency situations, Tenant will provide notice as soon as possible. Tenant may have other remedies available when Landlord fails to repair a problem that materially affects the physical health or safety of an ordinary tenant. These rights include the right to repair and deduct, terminate the Agreement, and to obtain a judicial order that Landlord make the repair, reduce the rent, pay Tenant damages (including a civil penalty), and pay Tenant&#39;s court and attorney&#39;s fees.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;EXCESSIVE DAMAGE TO PREMISES.&lt;\u002Fstrong&gt; Excessive damage to the Premises or any of Landlord&#39;s property by Tenant, invitees, agents, or guests will be grounds for Landlord to evict Tenant. Should a portion of the Premises thereby be rendered untenantable, Landlord will have the option of either repairing such injured or damaged portion or terminating this Agreement. Should a portion of the Premises thereby be rendered unfit for occupancy, Landlord will have the option of either repairing such injured or damaged portion or terminating this Agreement.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;OBLIGATION TO NOTIFY.&lt;\u002Fstrong&gt; Upon receiving notice thereof, Tenant will immediately notify Landlord of any defects, accidents, events, circumstances, conditions, or hazards on the Premises or any systems thereof that have caused, are causing, or may potentially cause injury or damage to the Premises or any person or property located therein or nearby. Tenant will notify Landlord by all instantaneous methods of communication available, including phone, email, mobile texting, fax, in person, or otherwise.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;CONSTRUCTIVE EVICTION.&lt;\u002Fstrong&gt; When conditions beyond Tenant&#39;s control cause the Premises to become wholly unfit for tenancy due to damage by fire, water, nuisance, or other casualty, and Landlord is responsible for remedying those conditions but does not do so within a reasonable time after notification by Tenant, Tenant may vacate the Premises, terminate this Agreement, and withhold future rent. Tenant may also choose to pay a proportionate share of the rent according to the nature and extent of the damage sustained until the Premises has been rebuilt or made fit for the purpose of carrying on Tenant&#39;s business as conducted before the event causing the Premises to be unfit. Landlord will repay Tenant a prorated amount for any rent paid in advance covering the remainder of the period that Tenant is constructively evicted.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;INSURANCE.&lt;\u002Fstrong&gt; It is acknowledged that, unless otherwise noted, Landlord does not maintain insurance to cover Tenant&#39;s personal property damage or loss caused by fire, theft, rain, water overflow\u002Fleakage, acts of God, and\u002For any other causes. Landlord is not responsible for any loss or damage to property owned by Tenant or Tenant&#39;s guests or invitees unless resulting from Landlord&#39;s intentional or negligent acts. Tenant must maintain any and all insurance required by law during the term of the Agreement.&lt;\u002Fli&gt;    &lt;ol&gt;              &lt;li&gt;It is acknowledged that Landlord highly recommends that, at a minimum, Tenant carry insurance for fire, extended coverage, and liability to cover accidental injury and damage or loss of personal property and\u002For vehicle due to fire or theft.&lt;\u002Fli&gt;          &lt;\u002Fol&gt;    &lt;li&gt;&lt;strong&gt;INSURANCE POLICIES.&lt;\u002Fstrong&gt; Tenant will provide Landlord with copies of all insurance policies required by this Agreement on the date of commencement of the term or when otherwise agreed in writing. Tenant will provide Landlord with thirty (30) days&#39; notice of any potential cancellation or material change that is to occur in an insurance policy required to be maintained by this Agreement. Tenant may not cause, allow, or omit to do anything on the Premises or in Common Areas that increases the rate of Landlord&#39;s insurance on the Premises or causes Landlord&#39;s insurance to become subject to cancellation without prior written consent of Landlord. Without waiving the foregoing statement, upon demand by Landlord, Tenant will pay the cost of an increase in such insurance occasioned by reason of Tenant&#39;s act, allowance, or omission. Tenant will also promptly cease and remedy all activity that caused an increase in such insurance. Landlord has the right to terminate this Agreement if Tenant&#39;s act, allowance, or omission causes a cancellation of Landlord&#39;s insurance or causes Landlord&#39;s policy to become subject to cancellation. &lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;ENTRY OF PREMISES.&lt;\u002Fstrong&gt; Landlord and Landlord&#39;s agents will have the right at all reasonable times during the term of this Agreement, and any renewal thereof, to enter the Premises for the purposes of making any inspections, repairs, or improvements as may be deemed appropriate by Landlord or required by law; to supply agreed services; in order to show it to prospective Tenants, purchasers, or lenders; to address an emergency; or as provided otherwise herein. Tenant agrees to make the Premises available to Landlord or Landlord&#39;s agents for such purposes. At all times Landlord must be provided with the keys, codes, or other items necessary for unlocking all locks and devices permitting entry. Tenant further agrees to seek permission from Landlord in writing if Tenant seeks to install any security or burglar alarm system and, if granted, to provide instructions on how to disarm such systems in case an emergency entry is required.&lt;\u002Fli&gt;    &lt;ol&gt;      &lt;li&gt;&lt;strong&gt;Notice Required.&lt;\u002Fstrong&gt; No advance notice is required for entry if Tenant requests maintenance, repairs, or improvements. In the event that Landlord reasonably believes that an emergency exists, such as a fire or serious damage or serious danger to the continued welfare of the Premises, or reasonably believes that the Premises has been abandoned, Landlord will not be required to provide Tenant with advance notice before entering the property. In all other situations, Landlord is required to provide reasonable written notice in compliance with state law prior to entry.&lt;\u002Fli&gt;    &lt;\u002Fol&gt;    &lt;li&gt;&lt;strong&gt;SUBORDINATION OF AGREEMENT.&lt;\u002Fstrong&gt; This Agreement and Tenant&#39;s interest hereunder are and will be subordinate, junior, and inferior to any and all mortgages, liens, or encumbrances now or hereafter placed on the Premises by Landlord.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;LIENS AND ENCUMBRANCES.&lt;\u002Fstrong&gt; Tenant must obtain Landlord&#39;s written consent prior to causing any work to be done on the property that could result in any lien or encumbrance on an ownership interest in the property and Tenant is responsible for paying the cost of all such work unless otherwise agreed in writing. Tenant covenants that it will not cause any liens or encumbrances on the Premises without Landlord&#39;s written consent, and will indemnify, defend, and hold Landlord harmless against any claim, loss, or other expense that may arise out of any such materials or services rendered. If any mechanical, construction, or other liens are created or filed against the Premises by reason of labor performed or materials furnished for Tenant in the erection, construction, completion, alteration, repair, or addition to any building or improvement, Tenant will, upon demand, at Tenant&#39;s own cost and expense, cause such lien or liens to be satisfied and discharged of record together with any lien claims that may have been filed. Failure to do so will entitle Landlord to resort to such remedies as are provided herein in the case of any default of this Agreement, in addition to such as are permitted by law.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;TERMINATION; TENANT&#39;S HOLD OVER.&lt;\u002Fstrong&gt; Either Landlord or Tenant may terminate this tenancy by serving the appropriate amount of notice in compliance with state law. Failure of Tenant to provide appropriate written notice to terminate this tenancy will result in Tenant&#39;s continuing obligation under this Agreement for an additional period.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;SURRENDER OF PREMISES.&lt;\u002Fstrong&gt; Upon the termination or expiration of the Agreement, Tenant must surrender the Premises in the same state and condition as it was at the commencement of this Agreement, except that Tenant will not be responsible for damage due to reasonable wear and tear or damage by fire, the elements, casualty, or other cause not due to the misuse or neglect by Tenant or Tenant&#39;s invitees, visitors, licensees, or subtenants. Landlord may keep all abandoned property left behind by Tenant or remove such property at Tenant&#39;s expense.&lt;\u002Fli&gt;            &lt;li&gt;&lt;strong&gt;RENT AND OTHER ADJUSTMENTS TO THE AGREEMENT.&lt;\u002Fstrong&gt; Landlord reserves the right to adjust the amount of the rental payments or any terms under this Agreement upon providing thirty (30) days&#39; notice by serving Tenant with written notice by certified mail.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;QUIET ENJOYMENT.&lt;\u002Fstrong&gt; If Tenant remains in compliance with the terms of this Agreement, Landlord covenants that Tenant will peacefully and quietly have, hold, and enjoy the Premises. &lt;strong&gt;Note:&lt;\u002Fstrong&gt; Landlord promises to notify Tenant in the event that Landlord has applied for a permit to demolish the rental unit or in the event there are outstanding inspection orders, condemnation orders, foreclosure proceedings, or declarations that the property is unfit.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;INDEMNIFICATION.&lt;\u002Fstrong&gt; Landlord will not be liable and Tenant hereby waives all claims against Landlord for any damage to any property or any injury in or about the Premises by or from any cause whatsoever, except to the extent caused by or arising from the gross negligence or willful misconduct of Landlord or its agents, employees, or contractors. Tenant will defend, indemnify, and hold Landlord harmless from and against any and all losses, claims, liabilities, or costs (including court costs and attorney&#39;s fees) incurred by reason of (a) any damage to any property or any injury occurring in, on, or about the Premises to the extent that such injury or damage is caused by or arises from any act or omission by Tenant, its agents, servants, invitees, or visitors; (b) Tenant&#39;s failure to comply with any and all governmental laws, ordinances, and regulations applicable to the condition or use of the Premises or its occupancy; or (c) any breach or default on the part of Tenant in the performance of this Agreement. The provisions of this paragraph will survive the termination of this Agreement with respect to any claims or liability accruing prior to such termination.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;ATTORNEY&#39;S FEES; JURY TRIALS.&lt;\u002Fstrong&gt; In the event that any dispute arises between Landlord and Tenant concerning this Agreement that results in litigation, the losing Party will pay the prevailing Party&#39;s reasonable attorney&#39;s fees and court costs, which will be determined by the court and made a part of any judgment.      &lt;br&gt;      &lt;br&gt;      It is acknowledged, between the Parties that jury trials significantly increase the costs of any litigation between the Parties. It is also acknowledged that jury trials require a longer length of time to adjudicate the controversy. On this basis, ALL PARTIES WAIVE THEIR RIGHTS TO HAVE ANY MATTER UNDER THIS AGREEMENT SETTLED BY JURY TRIAL.&lt;\u002Fli&gt;  &lt;\u002Fli&gt;  &lt;li&gt;&lt;strong&gt;INTEREST AND COSTS FOR NON-PERFORMANCE.&lt;\u002Fstrong&gt; Until all outstanding monies owed to Landlord are paid in full, Tenant will pay Landlord monthly interest and other costs associated suffered by Landlord due to Tenant&#39;s failure to pay any monies owed under this Agreement as they become due. Interest will be calculated based on the prime rate established by Landlord&#39;s bank, plus the greater of one percent (1%) per annum and the maximum rate allowed by law.&lt;\u002Fli&gt;  &lt;li&gt;&lt;strong&gt;REIMBURSEMENT.&lt;\u002Fstrong&gt; If Tenant fails or refuses to comply with any of the terms and conditions of this Agreement, Landlord may carry out and perform such conditions at the cost and expense of Tenant, which amounts will be payable on demand to Landlord.&lt;\u002Fli&gt;  &lt;li&gt;&lt;strong&gt;DEFAULT.&lt;\u002Fstrong&gt; If Landlord determines that Tenant is in default of this Agreement, Landlord will provide Tenant with the appropriate written eviction notice as specified under state law and under which Tenant may have a limited number of days to cure the default unless otherwise excepted or agreed. Tenant&#39;s sole remedy for default or failure to perform obligations under this Agreement by Landlord is rescission. Unless otherwise agreed in writing, it is a default under this Agreement if any of the following occur: bankruptcy proceedings are instituted by or against Tenant&#39;s business, a receiver or trustee is appointed to manage all or substantially all of Tenant&#39;s business estate by reason of insolvency, Tenant assigns all or substantially all of Tenant&#39;s business estate for the benefit of its creditors, or Tenant prematurely vacates or abandons the Premises.&lt;\u002Fli&gt;  &lt;li&gt;&lt;strong&gt;NON-WAIVER OF RIGHTS.&lt;\u002Fstrong&gt; Landlord&#39;s failure to require compliance with the conditions of this Agreement, or to exercise any right provided herein, will not be deemed a waiver by Landlord of such condition or right. Landlord&#39;s acceptance of rent with knowledge of any default under agreement by Tenant will not be deemed a waiver of such default, nor will it limit Landlord&#39;s rights with respect to that or any subsequent right. Notwithstanding any language in this Agreement to the contrary, none of Tenant&#39;s goods, equipment, Fixtures, or other chattels on the Premises are exempt from levy by Landlord&#39;s distress. Tenant hereby waives all rights of redemption and relief from forfeiture under law or equity now or hereafter existing that may result from Landlord&#39;s exercise of its right of distress.&lt;\u002Fli&gt;  &lt;li&gt;&lt;strong&gt;EXTENDED ABSENCE.&lt;\u002Fstrong&gt; Tenant must notify Landlord of an anticipated extended absence from the Premises that will be in excess of seven (7) days; however, the notice may be given as soon as reasonably possible after Tenant knows the absence will exceed seven (7) days.&lt;\u002Fli&gt;  &lt;li&gt;&lt;strong&gt;ABANDONMENT; EVICTION.&lt;\u002Fstrong&gt; If at any time during the term of this Agreement, Tenant abandons the Premises or any part thereof, or if Tenant is evicted, Tenant will remain liable for any loss of rent for the remainder of the rental term, and Landlord may, at Landlord&#39;s option, obtain possession of the Premises in the manner provided by law without becoming liable to Tenant for damages or for any payment of any kind whatsoever. At this point, Landlord may pursue any remedies available by law, including re-letting the Premises for the remainder of the then unexpired term.&lt;\u002Fli&gt;          &lt;li&gt;&lt;strong&gt;NOTICE.&lt;\u002Fstrong&gt; Any notice, service of process, or demands required or permitted under this Agreement or under law will be deemed sufficiently given or served if sent by United States certified mail, return receipt requested, addressed as follows:    &lt;br&gt;    &lt;br&gt;    &lt;strong&gt;IF TO LANDLORD SEND TO:&lt;\u002Fstrong&gt;    &lt;br&gt;    &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;    &lt;br&gt;    &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;    &lt;br&gt;    &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;, &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;    &lt;br&gt;    &lt;br&gt;    &lt;strong&gt;IF TO TENANT SEND TO:&lt;\u002Fstrong&gt;    &lt;br&gt;    &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;    &lt;br&gt;    &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;    &lt;br&gt;    &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;, &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;    &lt;br&gt;    &lt;br&gt;    Landlord and Tenant each have the right from time to time to change the place of notice by giving the other Party written notice of this change. Tenant must immediately notify Landlord or the manager of the Premises in person or at the above address of any emergencies, dangerous conditions, or defects in and about the Premises of which Tenant becomes aware.&lt;\u002Fli&gt;  &lt;li&gt;&lt;strong&gt;TELEPHONE NUMBERS.&lt;\u002Fstrong&gt; Tenant agrees to notify Landlord within five calendar days of any change in Tenant&#39;s telephone number.              &lt;\u002Fli&gt;  &lt;li&gt;&lt;strong&gt;GENERAL TERMS&lt;\u002Fstrong&gt;&lt;\u002Fli&gt;  &lt;ol&gt;    &lt;li&gt;&lt;strong&gt;Entire Agreement.&lt;\u002Fstrong&gt; Tenant expressly acknowledges and agrees that Landlord has not made and is not making, and Tenant in executing and delivering this Agreement is not relying upon, any warranties, representations, promises, or statements, except to the extent that they are expressly set forth in this Agreement. It is understood and agreed that all understandings and agreements of the Parties are merged into this Agreement, which alone fully and completely expresses their agreements. &lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Relationship of the Parties.&lt;\u002Fstrong&gt; Nothing contained herein creates any business relationship or any other type of relationship between the parties other than a landlord-tenant relationship.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Survival of Tenant&#39;s Obligations.&lt;\u002Fstrong&gt; All of Tenant&#39;s obligations and covenants arising by or during the term of this Agreement and that are not fulfilled at the termination of this Agreement will survive the termination of this Agreement.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Modification.&lt;\u002Fstrong&gt; The Parties hereby agree that this document contains the entire agreement between the Parties and this Agreement may not be modified, changed, altered, or amended in any way except through a written amendment signed by all of the Parties hereto.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Severability.&lt;\u002Fstrong&gt; If any provision of this Agreement or the application thereof is held, for any reason and to any extent, invalid or unenforceable, neither the remainder of this Agreement nor the application of the provision to other persons, entities, or circumstances will be affected thereby, but instead must be enforced to the maximum extent permitted by law.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Cumulative Rights.&lt;\u002Fstrong&gt; Landlord&#39;s and Tenant&#39;s rights under this Agreement are cumulative and will not be construed as exclusive of each other unless otherwise required by law.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Joint and Several Liability.&lt;\u002Fstrong&gt; If more than one person signs this Agreement, then the liability of the persons so signing will be joint and several. The language &quot;joint and several&quot; means that if more than one person has signed this Agreement, then each of these persons individually and all of these persons collectively are fully responsible for fulfilling all of the obligations of this Agreement, except where expressly otherwise agreed between Landlord and Tenant.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Binding Effect.&lt;\u002Fstrong&gt; The covenants, obligations, and conditions herein contained will be binding on and inure to the benefit of the heirs, legal representatives, and assigns of the Parties hereto. The obligations of Landlord under this Agreement will not be binding upon Landlord named herein with respect to any period subsequent to the transfer of Landlord&#39;s interest in the Premises as owner or lessee thereof, and in event of such transfer said obligations will thereafter be binding upon each transferee of the interest of Landlord.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Governing Law.&lt;\u002Fstrong&gt; This Agreement will be governed, construed, and interpreted by, through, and under the laws of the State of &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Descriptive Headings.&lt;\u002Fstrong&gt; The descriptive headings used herein are for convenience of reference only and they are not intended to have any effect whatsoever in determining the rights or obligations of Landlord or Tenant.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Constructions.&lt;\u002Fstrong&gt; The pronouns used herein include, where appropriate, either gender or both, singular and plural. The terms &quot;Landlord&quot; and &quot;Tenant&quot; include the singular as well as the plural.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Non-Waiver.&lt;\u002Fstrong&gt; No indulgence, waiver, election, or non-election by Landlord under this Agreement will affect Tenant&#39;s duties and liabilities hereunder.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Time of Essence.&lt;\u002Fstrong&gt; Time is of the essence for this Agreement.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Force Majeure.&lt;\u002Fstrong&gt; Performance of any obligation under this Agreement by any Party will be excused for the duration of any event or circumstance causing a delay in performance through no fault of the obliged Party, including, without limitation, war; reasonably unforeseen supply shortages; changes in law or regulation; strikes; riots; lock-outs; labor troubles; power outages caused by weather or third parties; and natural events, such as blizzards, torrential rain, or tornadoes.&lt;\u002Fli&gt;    &lt;li&gt;&lt;strong&gt;Counterparts; Electronic Signature.&lt;\u002Fstrong&gt; This Agreement may be executed in counterparts, including by fax, email, or other facsimile, each an original but all considered part of one Agreement. Electronic signatures placed upon counterparts of this Agreement by a Party or their approved agent will be considered valid representations of that Party&#39;s signature.&lt;\u002Fli&gt;  &lt;\u002Fol&gt;  &lt;\u002Fol&gt;&lt;p&gt;&lt;strong&gt;Each Party acknowledges that it has read and understood all the terms of this Agreement and hereby agrees to be bound thereby, including any attached schedules, exhibits, or addendums. Tenant further acknowledges that it was under no duress in signing this Agreement and had full opportunity to negotiate the terms contained herein and to consult independent counsel. Each Party further acknowledges that this Agreement will be effective on the date on which the last signature of the Parties is affixed below.&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;LANDLORD:&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;Print: &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; &lt;\u002Fp&gt;&lt;p&gt;Sign: ___________________________________  Date: ______________&lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;TENANT:&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;Print: &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;&lt;\u002Fp&gt;&lt;p&gt;Sign: ___________________________________  Date: ______________&lt;\u002Fp&gt;&lt;div class=&#39;-page-break&#39;&gt;&lt;\u002Fdiv&gt;&lt;center&gt;&lt;p class=&#39;title center&#39;&gt;&lt;strong&gt;SCHEDULE A - LEAD-BASED PAINT DISCLOSURE&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;\u002Fcenter&gt;&lt;br \u002F&gt;&lt;br \u002F&gt;&lt;p&gt;This SCHEDULE A - LEAD-BASED PAINT DISCLOSURE is hereby incorporated into the COMMERCIAL LEASE AGREEMENT FOR &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; entered into by and between &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; (hereinafter &lt;strong&gt;&quot;Landlord&quot;&lt;\u002Fstrong&gt;) and &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; (hereinafter &lt;strong&gt;&quot;Tenant&quot;&lt;\u002Fstrong&gt;) and associated with the real property situated at &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;, &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;, &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;. All terms used herein are defined according to the Agreement.&lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;WARNING! LEAD FROM PAINT, DUST, AND SOIL CAN BE DANGEROUS IF NOT MANAGED PROPERLY. Penalties for failure to comply with Federal Lead-Based Paint Disclosure Laws include treble (three times) damages, attorney&#39;s fees, costs, and a base penalty up to $11,000 (plus adjustment for inflation). The current penalty is up to $16,000 for each violation. &lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;center&gt;&lt;p class=&#39;center&#39;&gt;&lt;strong&gt;Disclosure for Target Rentals and Leases Disclosure of Information on Lead-Based Paint and\u002For Lead-Based Paint Hazards&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;\u002Fcenter&gt;&lt;center&gt;&lt;p class=&#39;center&#39;&gt;&lt;strong&gt;Lead Warning Statement&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;\u002Fcenter&gt;&lt;p&gt;Buildings built before 1978 may contain lead-based paint. Lead from paint, paint chips, and dust can pose health hazards if not managed properly. Lead exposure is especially harmful to young children and pregnant women. Before renting pre-1978 buildings, landlords must disclose the presence of known lead-based paint and\u002For lead-based paint hazards in the building. Tenants must also receive a federally approved pamphlet on lead poisoning prevention.&lt;\u002Fp&gt;&lt;center&gt;&lt;p class=&#39;center&#39;&gt;&lt;strong&gt;Landlord&#39;s Disclosure to Tenant and Real Estate Licensee(s) and Acknowledgment&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;\u002Fcenter&gt;&lt;p&gt;1. Landlord acknowledges that Landlord has been informed of Landlord&#39;s obligations. Landlord is aware that Landlord must retain a copy of this disclosure for not less than three years from the commencement of the leasing or rental period. &lt;\u002Fp&gt;&lt;p&gt;2. Presence of lead-based paint and\u002For lead-based paint hazards (check one box below):&lt;\u002Fp&gt;&lt;p&gt;&amp;#9633; Landlord has no knowledge of lead-based paint and\u002For lead-based paint hazards in the unit. &lt;\u002Fp&gt;&lt;p&gt;&amp;#9633; Landlord has knowledge of lead-based paint and\u002For lead-based paint hazards present in the unit (explain): &lt;\u002Fp&gt;&lt;p&gt;________________________________________________________________________&lt;\u002Fp&gt;&lt;p&gt;________________________________________________________________________&lt;\u002Fp&gt;&lt;p&gt;3. Records and reports available to Landlord (check one box below): &lt;\u002Fp&gt;&lt;p&gt;&amp;#9633; Landlord has no reports or records pertaining to lead-based paint and\u002For lead-based paint hazards in the unit. &lt;\u002Fp&gt;&lt;p&gt;&amp;#9633; Landlord has provided Tenant with all available records and reports pertaining to lead-based paint and\u002For lead-based paint hazards in the unit (list documents below): &lt;\u002Fp&gt;&lt;p&gt;________________________________________________________________________&lt;\u002Fp&gt;&lt;p&gt;________________________________________________________________________&lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;Tenant&#39;s Acknowledgment&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;4. Tenant has read the Lead Warning Statement above and understands its contents.&lt;\u002Fp&gt;&lt;p&gt;5. Tenant has received the pamphlet &quot;Protect Your Family From Lead in Your Home,&quot; has access to it online at http:\u002F\u002Fwww.fsa.usda.gov\u002FInternet\u002FFSA_File\u002Fpfflinyhbrochure.pdf, or has received a another similar disclosure. &lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;Real Estate Licensee&#39;s Acknowledgment &lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;Each real estate licensee signing below acknowledges receipt of the above Landlord&#39;s disclosure, has informed Landlord of Landlord&#39;s obligations and is aware of licensee&#39;s responsibility to ensure compliance. &lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;LANDLORD:&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;Print: &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt; &lt;\u002Fp&gt;&lt;p&gt;Sign: ___________________________________  Date: ______________&lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;TENANT:&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;Print: &lt;span style=&#39;background: #BBBBBB;&#39;&gt;_____________&lt;\u002Fspan&gt;&lt;\u002Fp&gt;&lt;p&gt;Sign: ___________________________________  Date: ______________&lt;\u002Fp&gt;&lt;div class=&#39;-page-break&#39;&gt;&lt;\u002Fdiv&gt;  &lt;center&gt;&lt;p class=&#39;title center&#39;&gt;&lt;strong&gt;Instructions for Your Commercial Rental Agreement&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;\u002Fcenter&gt;&lt;br \u002F&gt;&lt;br \u002F&gt;&lt;p&gt;Our commercial rental agreement offers the best protection for landlords available on the web. This form contains everything you need to quickly and effectively execute a strong agreement. The following instructions provide an overview of some of the key provisions of the agreement.&lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;Fixed-Term vs. Periodic Tenancy&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;When completing the agreement, you will be given the choice between creating a fixed-term or a periodic tenancy agreement. A fixed-term tenancy is simply a tenancy agreement that states that it will end on a specific date in the future, usually about six months or a year from the start of the tenancy. A periodic tenancy has no set end date and usually continues from month to month until one of the parties chooses to terminate the tenancy. Periodic tenancies are less common for commercial properties.&lt;\u002Fp&gt;&lt;p&gt;Many states provide fixed-term Tenants different rights than periodic Tenants. This most commonly impacts the Tenant&amp;#39;s rights upon &lt;a href=&quot;https:\u002F\u002Fwww.legalnature.com\u002Farticle-center\u002Flease-agreement\u002Fwhat-happens-when-you-need-to-break-your-lease&quot; target=&quot;_blank&quot;&gt;terminating the agreement&lt;\u002Fa&gt; or being evicted. The proper procedure for canceling a fixed-term or periodic tenancy depends on the terms of the agreement and state law. If you choose to create a fixed-term tenancy, this agreement states that the Tenant must provide 30 days&amp;#39; notice of his or her intent not to renew the agreement when it expires.&lt;\u002Fp&gt;&lt;p&gt;For fixed-term tenancies, the agreement will automatically expire at the end of the term. If the Tenant holds over by staying on the premises and the Landlord does not notify the Tenant to vacate the unit when the agreement ends, then the agreement will convert to a periodic tenancy and continue on a &lt;a href=&quot;https:\u002F\u002Fwww.legalnature.com\u002Farticle-center\u002Fmonth-to-month-leases\u002Fthe-benefits-of-a-month-to-month-lease&quot; target=&quot;_blank&quot;&gt;month-to-month basis&lt;\u002Fa&gt; until terminated.&lt;\u002Fp&gt;&lt;p&gt;If you choose a periodic tenancy, then either the Landlord or the Tenant may terminate the agreement by serving the appropriate amount of notice in compliance with state law, which is usually 30 days&amp;#39; notice.&lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;Rental Payments&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;This section of your agreement sets out how often rental payments are due. A monthly payment structure is most common. However, you may also choose for rent to be paid weekly, twice per month, every two months, every six months, or once per year.&lt;\u002Fp&gt;&lt;p&gt;When specifying the location to where the Tenant must make payments, you may add multiple locations as a convenience to the Tenant. You may also provide the details for any online payment portal in this section. The same applies when identifying the accepted payment methods. You may allow the Tenant to pay via check, cash, direct deposit, wire transfer, credit card\u002Fdebit card, money order, cashier&amp;#39;s check, online, or all of the above. You may also add custom payment methods.&lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;Property Taxes and Other Expenses&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;The agreement allows you to specify whether the tenant is responsible for paying property taxes, building insurance, and maintenance costs. If you select &quot;None of the above,&quot; the tenant will not be responsible for these but will still be required to pay any sales or use taxes that could be assessed against the property unless the parties agree otherwise.&lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;Security Deposit&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;Even in the absence of a security deposit, Tenants are still required to pay for any damage they cause to the property. However, it is recommended that the Landlord always require Tenants to pay an upfront security deposit equal to at least one month&amp;#39;s rent. This will help ensure that the Tenant pays for any damage discovered by the Landlord at the end of the tenancy and helps avoid costly litigation that would be required to enforce the Agreement in court.&lt;\u002Fp&gt;&lt;p&gt;The Landlord may use the security deposit to repair any damage the Tenant causes beyond normal wear and tear to the Premises, the Common Areas, and any furnishings provided by the Landlord. &amp;quot;Normal wear and tear&amp;quot; means deterioration that occurs when the Premises, or any furnishings provided, are used as intended, without negligence or abuse by the Tenant or any of the Tenant&amp;#39;s guests or subtenants (if permitted).&lt;\u002Fp&gt;&lt;p&gt;Lastly, the agreement spells out specific requirements that the Tenant must follow in order to have all or part of the &lt;a href=&quot;https:\u002F\u002Fwww.legalnature.com\u002Farticle-center\u002Flandlord-and-tenant\u002Fhow-to-protect-a-security-deposit&quot; target=&quot;_blank&quot;&gt;security deposit returned&lt;\u002Fa&gt;. Such requirements include the following:&lt;\u002Fp&gt;&lt;ul&gt;  &lt;li&gt;The full term of the agreement has ended or the agreement has been properly terminated according to its terms&lt;\u002Fli&gt;  &lt;li&gt;All rent and outstanding fees or charges have been paid by the Tenant&lt;\u002Fli&gt;  &lt;li&gt;All utility bills are paid in full&lt;\u002Fli&gt;  &lt;li&gt;All keys and other items belonging to the Landlord have been returned&lt;\u002Fli&gt;  &lt;li&gt;All of the Tenant&amp;#39;s &lt;a href=&quot;https:\u002F\u002Fwww.legalnature.com\u002Farticle-center\u002Fnotice-to-quit\u002Fcan-you-sell-items-left-behind-by-a-tenant&quot; target=&quot;_blank&quot;&gt;personal property has been removed&lt;\u002Fa&gt;&lt;\u002Fli&gt;  &lt;li&gt;The unit has been thoroughly cleaned&lt;\u002Fli&gt;&lt;\u002Ful&gt;&lt;p&gt;&lt;strong&gt;Subletting&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;The Tenant may not &lt;a href=&quot;https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002Fshould-you-consider-the-sublease-contract&quot; target=&quot;_blank&quot;&gt;sublet&lt;\u002Fa&gt; the property to other occupants without the prior written consent of the Landlord. Doing so is grounds for the Landlord to terminate the agreement and &lt;a href=&quot;https:\u002F\u002Fwww.legalnature.com\u002Farticle-center\u002Fnotice-to-quit\u002F3-fundamental-eviction-rules&quot; target=&quot;_blank&quot;&gt;pursue eviction&lt;\u002Fa&gt;.&lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;Lead-Based Paint Disclosures&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;For properties built before 1978 (i.e. pre-1978 property), federal law requires that the Landlord and Tenant (and their agents) sign a &quot;Disclosure of Information on Lead-Based Paint,&quot; which is included for you. Landlords must keep the signed copy of the &quot;Disclosure of Information on Lead-Based Paint&quot; for at least three years as compliance with the rules. Tenants must also receive the federally approved lead hazard information pamphlet &quot;&lt;a href=&quot;https:\u002F\u002Fwww.epa.gov\u002Fsites\u002Fproduction\u002Ffiles\u002F2020-04\u002Fdocuments\u002Flead-in-your-home-portrait-color-2020-508.pdf&quot; target=&quot;_blank&quot;&gt;Protect Your Family From Lead in Your Home&lt;\u002Fa&gt;&quot; or a similar pamphlet approved for use in your state by the Environmental Protection Agency.&lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;State and Local Disclosure Requirements&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;Often, state and local law have &lt;a href=&quot;https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002Fdisclosures-that-landlords-must-make-to-new-tenants&quot; target=&quot;_blank&quot;&gt;disclosure requirements&lt;\u002Fa&gt; that need to be disclosed before or at the signing of the &lt;a href=&quot;https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002Flease-agreement-vs-rental-agreement&quot; target=&quot;_blank&quot;&gt;rental or lease agreement&lt;\u002Fa&gt; (note that some of the required disclosures listed here only apply to residential units). Landlords are often required to disclose serious problems that affect the rental unit&amp;#39;s fitness for tenancy, any code violations, mold or flood zone warnings, radon warnings, carbon monoxide and asbestos disclosures, the presence of a methamphetamine laboratory or a flood at the unit prior to the Tenant&amp;#39;s occupancy, whether the property is located in a military zone, and local rent control rules. When in doubt, it is always best to disclose these and similar issues. Especially if the property is covered by rent control, make sure to research local regulations for required disclosures. These can normally be found on your city or county website or by contacting the office of your mayor, city manager, county administrator, or a locally licensed attorney.&lt;\u002Fp&gt;&lt;p&gt;&lt;strong&gt;Final Steps&lt;\u002Fstrong&gt;&lt;\u002Fp&gt;&lt;p&gt;Once finished completing the agreement, simply have all parties sign and date where indicated. Be sure that all parties get a copy of the agreement to retain for their records.&lt;\u002Fp&gt;  \n\n",true,[14,18],{"product_name":15,"category":16,"link":17},"Commercial Lease Amendment","Commercial Property","\u002Fcategories\u002Fcommercial-property\u002Fcommercial-lease-amendment",{"product_name":19,"category":16,"link":20},"Commercial Sublease Agreement","\u002Fcategories\u002Fcommercial-property\u002Fcommercial-sublease-agreement",[22,26,30,34,38,42,46,50],{"title":23,"description":24,"link":25},"The Value of Leasing","Why Buyers Are Looking for Alternatives More and more people have turned to leasing rather than purchasing homes because of the uncertainty associated with the housing market. Even though interest rates are at historical lows, the ability to...","\u002Fguides\u002Fthe-value-of-leasing",{"title":27,"description":28,"link":29},"13 Things to Think about before Starting a Business","The flash of inspiration is one of the greatest things about starting a new business. One day you wake up and have the simple solution to the most annoying problem; and you cannot believe no one else has figured it out! So you rush to the...","\u002Fguides\u002F13-things-to-think-about-before-starting-a-business",{"title":31,"description":32,"link":33},"Buy a Business or Start Your Own?","Why Start a Business? Many people feel more comfortable being part of a large company that provides them with a sense of occupational security. Large companies have structured management and decision making processes that promote a sense of...","\u002Fguides\u002Fbuy-a-business-or-start-your-own",{"title":35,"description":36,"link":37},"Leasing and Your Landlord","Legal Relationship The law governing the relationship between landlords and tenants can be quite complicated, even more so depending on the area of the country you live in. Each state has specific laws that govern the rights and duties of...","\u002Fguides\u002Fleasing-and-your-landlord",{"title":39,"description":40,"link":41},"Key Legal Components of Lease Agreements","If you have rental properties or are looking into getting into the real estate business, you need to find a way to protect your investment. The general way that people do this is by developing and using a lease agreement. At some point in your...","\u002Fguides\u002Fkey-legal-components-of-lease-agreements",{"title":43,"description":44,"link":45},"Commercial Lease Agreements: Everything You Need to Know","Whether you are signing your first lease or getting ready for a move or a renewal, you need to have a thorough understanding of commercial leases. Unlike residential leases, commercial leases are very much \"buyer beware.\" Your rights are exactly as stated in the lease with little to no other protections. What Is a Commercial Lease? A commercial leas","\u002Fguides\u002Feverything-you-need-to-know-about-commercial-lease-agreements",{"title":47,"description":48,"link":49},"Commercial Subleases: What You Need to Know before You Sign","A sublease occurs when the original owner does not lease the premises to you, but there is another person or entity in between you and the landlord. That is, the property owner rents to someone else, and then that person rents to you....","\u002Fguides\u002Fcommercial-subleases-what-you-need-to-know-before-you-sign",{"title":51,"description":52,"link":53},"Commercial Lease Amendments: Everything You Need to Know","If you have entered into a lease agreement for commercial retail, warehouse, office space, or any other building or facility used for business purposes, you may find yourself in a situation where changed circumstances make one or more...","\u002Fguides\u002Feverything-you-need-to-know-about-commercial-lease-amendments",[55,58],{"label":56,"link":57},"All Documents","\u002Flegal-documents",{"label":16,"link":59},"\u002Fcategories\u002Fcommercial-property","payload",{"landerVariant":62,"headline":6,"headlineAccent":63,"subtitle":64,"legacySubtitleHtml":65,"checkmarkText":63,"desktopImage":63,"mobileImage":63,"desktopImageUrl":63,"mobileImageUrl":63,"ctaType":62,"ctaText":63,"ctaLink":63},"standard",null,"","A commercial lease agreement should provide the parties with clarity, predictability, and solid legal protection for each part of the rental process. Easily create a lease agreement for a commercial property between a landlord and tenant.",[67,71,75],{"id":68,"name":69,"link":70},"6a15a1fdf13133005943e55d","How To","#illustrated_steps",{"id":72,"name":73,"link":74},"6a15a1fdf13133005943e55e","Help Guide","#help_guide",{"id":76,"name":77,"link":78},"6a15a1fdf13133005943e55f"," FAQS","#faqs",[80,99,116,122,143,149,155,198,201],{"id":81,"headline":82,"blockName":63,"items":83,"blockType":96,"visibility":97},"6a15a1fdf13133005943e564","When to use a commercial lease agreement",[84,87,90,93],{"id":85,"text":86},"6a15a1fdf13133005943e560","To establish a stable, long-term occupancy",{"id":88,"text":89},"6a15a1fdf13133005943e561","To indicate any rules that will apply throughout the lease",{"id":91,"text":92},"6a15a1fdf13133005943e562","To provide specific disclosures as required by law or regulation",{"id":94,"text":95},"6a15a1fdf13133005943e563","To have a written agreement defining the lease's most important terms","checkmarks",{"hideOnMobile":98,"hideOnDesktop":98},false,{"id":100,"headline":101,"description":102,"extraButton":63,"extraButtonUrl":63,"blockName":63,"columns":103,"blockType":114,"visibility":115},"6a15a1fdf13133005943e567","Draft your lease agreement the right way","Easily create a clear agreement with our intuitive step-by-step guidance.",[104,109],{"id":105,"title":106,"legacyHtml":107,"illustrationHtml":108,"buttonText":63,"buttonLink":63,"hideButton":98},"6a15a1fdf13133005943e565","Avoid misunderstandings","By having a written agreement, all parties will have clear and reasonable expectations. 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us","block","reviews",{"hideOnMobile":98,"hideOnDesktop":98},{"id":123,"headline":124,"blockName":63,"steps":125,"blockType":141,"visibility":142},"6a15a1fdf13133005943e56c","How to create a lease agreement in 3 steps",[126,131,136],{"id":127,"headline":128,"legacyHtml":129,"illustrationHtml":130},"6a15a1fdf13133005943e569","Gather Information","\u003Cp>Collect basic information about the parties and the agreed lease terms in preparation for completing your agreement. 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fill=\"#009EFF\"\u002F>\r\n\u003C\u002Fsvg>\r\n","illustrated-steps",{"hideOnMobile":98,"hideOnDesktop":98},{"id":144,"headline":73,"description":145,"body":146,"buttonText":63,"buttonLink":63,"blockName":63,"blockType":147,"visibility":148},"6a15a1fdf13133005943e56d","LegalNature’s commercial lease agreement leads the industry in providing landlords with outstanding protection and flexibility to customize the agreement according to their needs. Use this help guide to review the key considerations when creating this agreement.","\u003Ch4>Fixed-Term vs. Periodic Tenancy\u003C\u002Fh4>\n\u003Cp>The length of the agreement will depend on whether you want a fixed or periodic tenancy. Fixed-term tenancies are those that end on a specific date stated in the agreement, while periodic tenancies will continue to automatically renew each successive period until one or both of the parties choose to end the tenancy. Periodic tenancies are normally on a month-to-month basis, but they may also be renewed weekly or annually. Commercial lease agreements typically use a fixed-term tenancy.\u003C\u002Fp>\n\u003Cp>Fixed-term and periodic tenants often have different rights under state law. This typically affects the tenant&rsquo;s rights at the termination of the agreement or upon eviction. Always be aware of the relevant state law and terms in your lease agreement regarding the proper procedure for providing notice of terminating the agreement, ending the tenancy, and returning any deposits.\u003C\u002Fp>\n\u003Cp>Under a fixed-term tenancy, our agreement states that the tenancy will automatically end unless the parties agree to renew the lease. If the tenant remains in possession of the premises with the landlord&rsquo;s consent but without signing a new lease, the tenancy will convert to a month-to-month tenancy.\u003C\u002Fp>\n\u003Cp>For periodic tenancies, our agreement simply allows either party to terminate the tenancy by providing the appropriate advance notice according to state law, which is typically 30 days.\u003C\u002Fp>\n\u003Ch4>Rental Payments\u003C\u002Fh4>\n\u003Cp>Next, you will select the payment frequency for rental payments. Parties normally select monthly rental payments, but you could also choose weekly, twice per month, every two months, every six months, or once per year. LegalNature's agreement offers you unparalleled payment flexibility by allowing you to choose between a simple fixed-rent structure or a more sophisticated escalated rent arrangement.\u003C\u002Fp>\n\u003Cp>Indicate where the tenant may make rental payments. This could be in person, at a specific address, online, or another location. Also, specify the accepted payment methods, such as by check, direct deposit, cash, wire transfer, money order, credit card\u002Fdebit card, cashier's check, online, or another method.\u003C\u002Fp>\n\u003Ch4>Signing Incentives\u003C\u002Fh4>\n\u003Cp>Many landlords offer signing incentives as a way to encourage prospective tenants to sign more favorable&mdash;usually long-term&mdash;leases. For example, you can offer a rent concession, such as the first month free, or similar benefits.\u003C\u002Fp>\n\u003Ch4>Optional Fees and Deposits\u003C\u002Fh4>\n\u003Cp>You must include the details regarding any fees or deposits. A &ldquo;deposit&rdquo; is money that must be returned to the tenant if no damages occur. Therefore, a landlord is only allowed to keep the portion of a deposit that is used to cover damages that do, in fact, occur. For instance, a security deposit must be returned to the tenant if the tenant does not cause damage to the unit. The same applies with a pet deposit if the pet does not cause damage. In the event of a dispute, landlords must document damages in order to prove that they occurred.\u003C\u002Fp>\n\u003Cp>On the other hand, a &ldquo;fee&rdquo; is a one-way payment to the landlord for violating the lease agreement. Examples include a fee for a late rental payment, dishonored payments (e.g. a &ldquo;bounced&rdquo; check caused by non-sufficient funds), or a lost key. LegalNature&rsquo;s agreement will include standard language, giving the landlord the right to collect these fees should you choose to include them. You will also have the option of including your own custom fees or deposits.\u003C\u002Fp>\n\u003Ch4>Security Deposit\u003C\u002Fh4>\n\u003Cp>While tenants are responsible for paying the cost of repairing damages to the unit regardless of whether the landlord collects a security deposit, it is still always recommended that landlords collect one. This will ensure that there are funds on hand to repair any damages to the unit that the tenant causes and will avoid the difficulty of trying to recover money from the tenant when they are moving out. LegalNature's agreement provides state-specific guidance, allowing you to confidently set a legally compliant security deposit.\u003C\u002Fp>\n\u003Cp>The funds from the security deposit may be used for any damages that occur beyond the normal wear and tear to the premises, common areas, and any furnishings that the landlord provides.\u003C\u002Fp>\n\u003Cp>Lastly, the lease agreement lists the following requirements that the tenant must meet in order to have part or all of their security deposit returned at the termination of the lease:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>The term of the lease has ended or has been terminated properly\u003C\u002Fli>\n\u003Cli>The tenant has paid all monies owed, including any outstanding fees and utilities bills\u003C\u002Fli>\n\u003Cli>The tenant has returned all keys and other property belonging to the landlord\u003C\u002Fli>\n\u003Cli>The tenant has removed all of their personal property from the unit\u003C\u002Fli>\n\u003Cli>The tenant has thoroughly cleaned the unit\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Ch4>Additional Services\u003C\u002Fh4>\n\u003Cp>Many landlords offer additional services to attract potential tenants. These services, or amenities, can be anything from access to an emergency power generator to security or accounting services. By providing a detailed description of any additional benefits in the lease, both the landlord and tenant have clear and unambiguous expectations of each other. This results in an agreement that provides a stable legal foundation for any tenantship.\u003C\u002Fp>\n\u003Ch4>Property Taxes and Other Expenses\u003C\u002Fh4>\n\u003Cp>The agreement allows you to specify whether the tenant is responsible for paying property taxes, building insurance, and maintenance costs. If you select \"None of the above,\" the tenant will not be responsible for these but will still be required to pay any sales or use taxes that could be assessed against the property unless the parties agree otherwise.\u003C\u002Fp>\n\u003Ch4>Substitute Tenants\u003C\u002Fh4>\n\u003Cp>You may choose to allow the tenant to be released from their obligations under the lease in the event that an acceptable substitute tenant is located. The landlord will still be free to refuse any substitute tenants that it does not like. Also, any substitute tenant may be required to sign a new lease on different terms.\u003C\u002Fp>\n\u003Ch4>Subletting\u003C\u002Fh4>\n\u003Cp>Tenants will be prohibited from subletting the unit to a subtenant without first obtaining the landlord&rsquo;s prior written consent. A &ldquo;subtenant&rdquo; is a new tenant who agrees to take over the lease for part or all of the remaining term. Tenants who attempt to sublet without permission may be evicted.\u003C\u002Fp>\n\u003Ch4>Guarantors (Co-Signers)\u003C\u002Fh4>\n\u003Cp>Guarantors are often needed when prospective tenants have poor credit. If a guarantor co-signs the agreement, the guarantor will be liable for any and all debts that may arise under the agreement. This is a smart way for landlords to protect themselves from potentially bad situations that arise when tenants fail to pay rent or cause damage to the property.\u003C\u002Fp>\n\u003Ch4>State and Federal Disclosure Requirements\u003C\u002Fh4>\n\u003Cp>If the property was constructed prior to 1978, then federal law requires that the landlord and tenant sign a \"Disclosure of Information on Lead-Based Paint,\" which is attached to your download. Retain the signed copy for at least three years for your records.\u003C\u002Fp>\n\u003Cp>Local law may require that the landlord make additional disclosures not included in the lease agreement. For example, you may be required to notify the tenant of any serious problems affecting the unit&rsquo;s fitness for occupancy, building code violations, or flood zone warnings. Landlords are responsible for researching and being familiar with their local rental disclosure laws. Often, you can find these listed on your city or county websites. If you are in doubt about a particular disclosure, it is always best to include it to be on the safe side.\u003C\u002Fp>\n\u003Ch4>Move-In\u002FMove-Out Inspection Checklists\u003C\u002Fh4>\n\u003Cp>Your agreement will include an attached Move-In\u002FMove-Out Inspection Checklist. This helps the landlord document any damage present when the tenant moves in and compare any damage present upon move-out. Landlords in all states are recommended to complete this in order to prevent disputes. However, landlords MUST complete move-in checklists in the following states:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>Arizona (tenants also have the right to be present at a move-out inspection)\u003C\u002Fli>\n\u003Cli>Georgia\u003C\u002Fli>\n\u003Cli>Hawaii (tenants also have the right to be present at a move-out inspection)\u003C\u002Fli>\n\u003Cli>Kansas (completed jointly within five days of move-in)\u003C\u002Fli>\n\u003Cli>Kentucky (completed jointly)\u003C\u002Fli>\n\u003Cli>Maryland\u003C\u002Fli>\n\u003Cli>Massachusetts (only required if the landlord collects a security deposit)\u003C\u002Fli>\n\u003Cli>Michigan\u003C\u002Fli>\n\u003Cli>Montana (only required if the landlord collects a security deposit)\u003C\u002Fli>\n\u003Cli>Nevada\u003C\u002Fli>\n\u003Cli>New Hampshire\u003C\u002Fli>\n\u003Cli>North Dakota\u003C\u002Fli>\n\u003Cli>Virginia (completed within five days of move-in by the landlord or tenant or both together, and the landlord must disclose within this report the known presence of mold)\u003C\u002Fli>\n\u003Cli>Washington (only required if the landlord collects a security deposit)\u003C\u002Fli>\n\u003Cli>Wisconsin (the tenant has a right to inspect the rental unit, give the landlord a list of defects, and receive a list of damages charged to the prior tenant)\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Ch4>Final Steps\u003C\u002Fh4>\n\u003Cp>After completing our questionnaire, have the landlord and tenant sign and date the agreement. Provide a copy to the tenant and retain another copy for your records. Also make an electronic backup if possible.\u003C\u002Fp>","help-guide",{"hideOnMobile":98,"hideOnDesktop":98},{"id":150,"style":151,"size":152,"blockName":63,"blockType":153,"visibility":154},"6a15a1fdf13133005943e56e","line","md","separator",{"hideOnMobile":98,"hideOnDesktop":98},{"id":156,"heading":157,"background":158,"blockName":63,"items":159,"blockType":196,"visibility":197},"6a15a1fdf13133005943e578","Frequently Asked Questions","white",[160,164,168,172,176,180,184,188,192],{"id":161,"question":162,"answer":63,"legacyHtml":163},"6a15a1fdf13133005943e56f","What is a commercial lease?","\u003Cp>A commercial lease is an arrangement between someone who owns a property and someone who wants to use the property in their business. These leases are contracts that are created to fit the needs of the particular parties involved.\u003C\u002Fp>",{"id":165,"question":166,"answer":63,"legacyHtml":167},"6a15a1fdf13133005943e570","What is the difference between a commercial lease agreement and a residential lease agreement?","\u003Cp>The most significant difference between a commercial and residential lease is obvious: commercial leases are used for commercial properties while the primary purpose of a residential lease is to provide a property in which someone will live.\u003C\u002Fp>\n\u003Cp>Residential leases are often referred to as &ldquo;rental agreements.&rdquo; Typical residential leases are for:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>apartments\u003C\u002Fli>\n\u003Cli>houses\u003C\u002Fli>\n\u003Cli>townhouses\u003C\u002Fli>\n\u003Cli>condominiums\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>Residential leases usually have no commercial purpose and most residential leases will run for a much shorter time period than a commercial lease&mdash;usually one year or less. They are also generally paid on a monthly basis. Termination requires much less notice than a commercial lease as well.\u003C\u002Fp>\n\u003Cp>A commercial lease, on the other hand, is between a commercial tenant and a landlord. The purpose of the contract is to provide a property for the tenant from which to run a business. It involves the sale of goods or services or provides a place to manufacture a product. The rental space is not designed to provide a place to live, and it is often against local or state law (or the \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fcategories\u002Flandlord-and-tenant\u002Flease-agreement\" target=\"_blank\" rel=\"follow noopener\">lease agreement\u003C\u002Fa>) to reside in a commercial space.\u003C\u002Fp>\n\u003Cp>Residential renters have a lot more protections compared to commercial renters. Those who are renting an apartment often do not have the same type of experience or business knowledge that someone using a commercial lease would have. As a result, state law usually \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002Fwhat-are-your-rights-in-a-lease\" target=\"_blank\" rel=\"noopener\">protects residential renters\u003C\u002Fa> from certain abuses that their landlords may attempt. For example, residential landlords must keep their premises habitable, which includes providing things like heat and water. Commercial landlords have no such obligation unless it is explicitly spelled out in the lease agreement.\u003C\u002Fp>\n\u003Cp>Residential landlords are often in charge of things like keeping the premises pest free and providing necessary maintenance. Commercial tenants do not have the same benefits; they are often tasked with doing their own maintenance for the portion of the property that they are renting. Common area maintenance is usually the responsibility of the commercial landlord, however.\u003C\u002Fp>",{"id":169,"question":170,"answer":63,"legacyHtml":171},"6a15a1fdf13133005943e571","What are the basic requirements of a commercial lease agreement?","\u003Cp>Commercial lease agreements must contain certain information to be legally compliant with state law. While states differ, most commercial leases contain the following information:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>The party names, addresses, and contact information\u003C\u002Fli>\n\u003Cli>The address of the rental property\u003C\u002Fli>\n\u003Cli>The rental term (length of the agreement)\u003C\u002Fli>\n\u003Cli>How to terminate or renew the agreement when it expires\u003C\u002Fli>\n\u003Cli>The duties of the landlord and tenant\u003C\u002Fli>\n\u003Cli>The permitted business activities of the tenant\u003C\u002Fli>\n\u003Cli>Rental payment details\u003C\u002Fli>\n\u003Cli>Terms of any deposit or fees\u003C\u002Fli>\n\u003Cli>Maintenance responsibilities\u003C\u002Fli>\n\u003Cli>Ownership of any improvements made to the unit\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>Outside of meeting state requirements, the parties have a lot of flexibility in the terms and conditions they can include in their commercial lease agreement. LegalNature allows you to customize your agreement according to your needs by adding as many of your own terms as are needed. You can also make text edits to your document by downloading it in .docx format and opening it in Microsoft Word or Google Docs.\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fcategories\u002Fcommercial-property\u002Fcommercial-lease-amendment\" target=\"_blank\" rel=\"noopener\">Commercial lease amendments\u003C\u002Fa> should also be in writing to avoid \"he said, she said\" disputes. In fact, many lease agreements will require that changes to the agreement be in writing to be enforceable.\u003C\u002Fp>",{"id":173,"question":174,"answer":63,"legacyHtml":175},"6a15a1fdf13133005943e572","What law governs a commercial lease?","\u003Cp>A commercial lease is usually governed by the state and local laws that apply where the property sits, regardless of where each party&rsquo;s headquarters or principal place of business is located. In some situations, federal law may apply, but those circumstances are rare and often address only a portion of the company.\u003C\u002Fp>",{"id":177,"question":178,"answer":63,"legacyHtml":179},"6a15a1fdf13133005943e573","What is a commercial lease assignment? Is it different from a commercial sublease?","\u003Cp>Landlords can assign the rent that they receive from a commercial tenant to another person or entity. They usually do this to pay off an outstanding debt or other obligation. They can also use it as a way to fund other business ventures.\u003C\u002Fp>\n\u003Cp>If a landlord assigns its right to the rental payments, the tenant must pay its rent obligation to a different entity, but the responsibility to pay rent will generally stay the same. The assignee can often step into the shoes of the landlord and force a tenant out of a specific location if the tenant is not meeting their rental obligations.\u003C\u002Fp>\n\u003Cp>A commercial sublease, on the other hand, deals with the tenant&rsquo;s right to allow someone else to lease the property from them. \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002Fthe-commercial-sublease\" target=\"_blank\" rel=\"noopener\">Subleases\u003C\u002Fa> are generally only permitted if the commercial lease does not prohibit them. In many circumstances, the tenant must get permission from the landlord to engage in a \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fcategories\u002Fcommercial-property\u002Fcommercial-sublease-agreement\" target=\"_blank\" rel=\"noopener\">commercial sublease agreement\u003C\u002Fa>. Often, subleases may not be possible because of restrictions in the commercial lease, including specific limits that affect the type of business that can move into that particular location.\u003C\u002Fp>",{"id":181,"question":182,"answer":63,"legacyHtml":183},"6a15a1fdf13133005943e574","What are the tenant's responsibilities in a commercial lease?","\u003Cp>The answer to this question will depend on what your commercial lease agreement says. As either a tenant or a landlord, you can \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002Fhow-to-successfully-negotiate-a-commercial-lease-with-a-landlord\">negotiate virtually any term in the lease\u003C\u002Fa>. That means that if you want to cut down on tenant responsibilities, you can do so, as long as the other party agrees.\u003C\u002Fp>\n\u003Cp>Some of the most common tenant responsibilities include the following:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>The obligation to pay rent\u003C\u002Fli>\n\u003Cli>Maintaining the rented space so that it is in good working order\u003C\u002Fli>\n\u003Cli>Using the property only as permitted in the lease agreement\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>These basic obligations can be expanded significantly. For example, the landlord may want you to maintain the HVAC system for your unit. You may also contract with the landlord so that he or she provides &ldquo;handyman&rdquo; services on an as-needed basis. While a commercial tenant is usually responsible for general upkeep, it can contract that obligation away to the landlord or to someone else entirely.\u003C\u002Fp>\n\u003Cp>Generally, the landlord will be in charge of maintaining the common areas, including parking lots, hallways, and other gathering spaces, but not always. If there are no common spaces and you are renting the entire property, you are much more likely to be responsible for maintenance of the whole area. However, the landlord may still be obligated to maintain structural aspects of the property, such as the foundation or the roof. Carefully construct or read through the lease agreement so that you understand the responsibilities of each party.\u003C\u002Fp>",{"id":185,"question":186,"answer":63,"legacyHtml":187},"6a15a1fdf13133005943e575","Can a commercial tenant make changes to a property under a commercial lease?","\u003Cp>In some situations, a tenant may be able to alter the fixtures or make improvements to the property to fit their business. These provisions should be directly addressed in the commercial lease agreement. There are generally three types of improvements that may be available under the contract:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>\u003Cstrong>Fixtures &ndash;\u003C\u002Fstrong> A fixture is a part of the property that is attached to the premises. Although you could move it, it would be difficult and may cause damage to the structure if it were removed. The most common examples of fixtures include things like toilets and sinks, but it can also include things like built-in refrigeration units, large ovens, and built-in shelving. Commercial leases often specifically address whether installation or improvements to fixtures are permitted.\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Chattels &ndash;\u003C\u002Fstrong> Most tenants will be able to improve chattels in a rental space. These items are easily removed from the premises. Renters will sometimes take these items from location to location with them as well. Typical examples include curtains, desks, personal computers, and even large refrigeration units that are not built into a specific space.\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Permanent improvements &ndash;\u003C\u002Fstrong> These improvements are often referred to as &ldquo;leasehold improvements.&rdquo; They cannot be removed from the property without destroying the value of the improvement. They usually include things like adding walls or flooring. Some commercial leases encourage leasehold improvements, while others entirely prohibit them. As a rule, the landlord will own the improvement to the property once it is made, which sometimes discourages renters from making such improvements, even if they are permitted.\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>Remember, commercial leases are extremely flexible. The parties can negotiate improvements to fit their specific needs. If the commercial lease does not address improvements specifically, it could become a problem if the renter makes a significant change to the property that the landlord did not want or anticipate.\u003C\u002Fp>",{"id":189,"question":190,"answer":63,"legacyHtml":191},"6a15a1fdf13133005943e576","How can a commercial lease be terminated?","\u003Cp>Commercial leases often have long terms, some up to several decades. Terminating a contract can be somewhat tricky, but it depends on the language of the lease. In most leases, there is a notice provision that you must follow if either party does not want to renew the lease. Otherwise, the contract will often automatically renew.\u003C\u002Fp>\n\u003Cp>If you attempt to \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002Fterminating-a-commercial-lease\" target=\"_blank\" rel=\"follow noopener\">terminate the lease\u003C\u002Fa> early, you may have to pay a penalty that includes the full value of the lease for the entire term of the contract. While these provisions are great for landlords, they can be very costly for renters. Renters should think long and hard about using these types of terms in their lease.\u003C\u002Fp>\n\u003Cp>Even if the lease does not include favorable termination terms, you may be able to work out something with the tenant or landlord to get out of the lease early. Sometimes simply approaching the other party to let them know about your situation can help a great deal.\u003C\u002Fp>",{"id":193,"question":194,"answer":63,"legacyHtml":195},"6a15a1fdf13133005943e577","What are various types of rent payments available in a commercial lease?","\u003Cp>Most renters assume that their rent will be a periodic payment. It can be monthly, quarterly, or annually. However, some businesses will choose to use a different type of rental agreement depending on the type of property.\u003C\u002Fp>\n\u003Cp>One type of rent agreement is directly tied to the revenue that the business earns at that particular location. This type of contract is particularly common in shopping malls or strip malls. Revenue-based rent is often called a &ldquo;percentage lease.&rdquo; It includes a base level of rent that will be due regardless of the income that you make at that location. Then there is an additional amount that varies depending on your revenue for a particular month, quarter, or year.\u003C\u002Fp>\n\u003Cp>For example, if you have an agreement that includes $1,000 in monthly rent and then 5% of your profits for that month, and you make $5,000 in profits that month, your total rent due for the month would be $1,250. As your earnings increase, so does the rent. That means it is in the landlord&rsquo;s best interest to ensure that you have whatever you need to increase profits, including proper maintenance and upkeep.\u003C\u002Fp>\n\u003Cp>Another type of rental agreement is referred to as a &ldquo;gross rent lease.&rdquo; Under this agreement, the tenant pays a flat rate and the landlord pays other costs related to maintaining and operating the property. These expenses often include things like:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>insurance\u003C\u002Fli>\n\u003Cli>utilities\u003C\u002Fli>\n\u003Cli>taxes\u003C\u002Fli>\n\u003Cli>general upkeep and maintenance expenses\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>Under other types of agreements, the tenant will typically be responsible for these costs.\u003C\u002Fp>","faqs",{"hideOnMobile":98,"hideOnDesktop":98},{"id":199,"style":151,"size":152,"blockName":63,"blockType":153,"visibility":200},"6a15a1fdf13133005943e579",{"hideOnMobile":98,"hideOnDesktop":98},{"id":202,"headline":203,"text":204,"image":205,"ctaText":63,"blockName":63,"blockType":216,"visibility":217},"6a15a1fdf13133005943e57a","Start Your Commercial Lease Agreement","Complete your lease agreement in minutes with LegalNature's intuitive, step-by-step guidance.",{"id":206,"alt":63,"updatedAt":207,"createdAt":208,"url":209,"thumbnailURL":63,"filename":210,"mimeType":211,"filesize":212,"width":213,"height":214,"focalX":215,"focalY":215},210,"2026-07-24T10:46:14.235Z","2026-07-24T10:46:14.133Z","https:\u002F\u002Fs3.us-east-2.amazonaws.com\u002Fshared-cms-main-media.legalnature.com\u002Fgeneral-doc-image.jpg","general-doc-image.jpg","image\u002Fjpeg",369412,894,594,50,"get-started",{"hideOnMobile":98,"hideOnDesktop":98},{"title":219,"description":220,"keyword":6,"og_image":221},"Commercial Lease Agreement Template | Create & Print | LegalNature","Draft a commercial lease agreement that protects your business interests. LegalNature covers key terms, tenant rights, and more.","https:\u002F\u002Fs3.us-east-2.amazonaws.com\u002Fshared-cms-main-media.legalnature.com\u002FlPXPtSOvQYSn0WHk5RwY.jpg",{"headline":63,"image":63,"imageUrl":63,"steps":223},[]]