Georgia Mutual Cancellation of Commercial Lease

Lease office, retail shopping or other business premises to a tenant with this customizable Georgia Commercial Lease Agreement.

Damage or Destruction Provisions

The lease template contains provisions for abatement of rent or termination of the lease in the event of damage, destruction, or condemnation of the building.

Insurance

The tenant is responsible for carrying comprehensive public liability, fire and extended coverage insurance.

Optional Provisions of Lease Document

• Renewal. The tenant has an option to renew the lease at the end of the term.
• Property Taxes. Optional clauses for payment of property taxes. One option is for payment by the landlord and one is for payment by the tenant.
• Structural Repairs. Optional clauses included if (i) the landlord is responsible for mechanical and structural repairs, or (ii) if the tenant is responsible for all repairs.
• Parking. Parking areas are shared by all tenants and their employees and customers.
• Subordination. The tenant accepts the lease subordinate to any mortgage or lien against the property.
• Estoppel. The tenant agrees to provide an estoppel certificate upon request.

Format and Jurisdiction

This Georgia Commercial Lease Agreement template is available in Microsoft Word format. It can be easily downloaded, completed with the relevant details, and printed for use, making the process simple and convenient for users.

This legal document was prepared and reviewed by human reviewers. It is intended for use only within the State of Georgia.

Sublet all or part of your business space to a subtenant with this Georgia 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.
• This legal form template is available in MS Word format.
• Intended for use only in the State of Georgia.

Lease office, retail or other business premises to a tenant with this Georgia Commercial Triple Net Lease Agreement.

• Triple Net Lease. A triple net lease means that the lessee covers all costs and expenses to do with the premises including structural repairs.
• Renewal. The lessee has an option to renew the lease for an additional term.
• Taxes and Charges. The lessee will pay all expenses, taxes, levies, and charges with respect to the premises, all utilities and services, and operating expenses for its business.
• Insurance. The lessee is responsible for carrying fire, extended coverage, and liability insurance.
• Alterations and Repairs. The lessee is responsible for all alterations, improvements, maintenance and repairs.
• Damage or Destruction. Clauses outlining abatement of rent or termination of the lease the event of damage, destruction, or condemnation of the building.
• Subordination. The lessee agrees to sign a subordination agreement or other documents necessary to subordinate the lease to a mortgage or other charge, if required by the lessor.
• Additional Rent. Optional clause for percentage rent to be paid in addition to the base rent, if applicable.
• This Georgia Commercial Triple Net Lease Agreement template is available in MS Word format and is fully editable to fit your needs.