California Commercial Triple Net Lease Agreement

Assign your interest as lessor under an existing business lease to a new owner with this Assignment of Lease form for California.

• The Assignment must be signed by the seller (current landlord), the purchaser (new landlord), and the tenant.
• The tenant covenants to pay rent to the new landlord and continue to perform the tenant's obligations under the lease.
• The seller and purchaser agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
• The Assignment is for California commercial premises only. A different form is required for residential tenancies.
• Available in MS Word format.

Sublet all or part of your business space to a subtenant with this California Commercial Sublease Agreement.

• The Sublease template can be used for office, retail, warehouse or other business premises.
• The subtenant pays a security deposit and the monthly rent to the principal tenant, who in turn pays the landlord.
• The principal tenant must still perform its obligations under the head lease.
• The principal tenant assigns its interest in the sublease to the landlord.
• If the principal tenant defaults in any of its obligations under the head lease, the subtenant is directed to pay the rent directly to the landlord.
• Available in MS Word format, fully editable to fit your needs.
• Intended for use only in the State of California.

Secure the obligations of a corporate lessee (tenant) with this California Guarantee of Commercial Lease.

Purpose of Guarantee

The guarantee is given to the landlord by someone with a financial interest in the tenant's business, such as a shareholder, partner, or sole proprietor (the guarantor). It is intended to be an inducement to the landlord (lessor) to sign the lease.

Key Provisions

• The guarantee is absolute, unconditional and continuing. This means that the guarantor unconditionally promises to be responsible for the tenant's obligations under the lease, regardless of the circumstances, without any conditions or exceptions.
• The guarantee ensures payment of all rent and other amounts due under the lease, including the payment of legal fees incurred by the lessor in enforcing the terms of the lease.

Format and Jurisdiction

The Guarantee of Commercial Lease form is available in MS Word format and is fully editable and reusable. It is intended to be used only in the State of California.

Renew and extend a business tenant's lease with this template California Renewal and Extension of Commercial Lease form.

• The lease is renewed for an additional period (which can be a full lease term or whatever period of time the landlord and tenant agree to).
• The tenant has no further right to extend or renew the lease.
• The rental payments for the new term are agreed to.
• The remaining terms and provisions of the original lease remain in full force and effect.
• This form is for commercial leases only. You will need to use the Extension of Residential Lease form for residential tenancies.
• Intended to be used only in the State of California.