Michigan Commercial Triple Net Lease Agreement

Lease office or retail space to a business tenant with this Commercial Triple Net Lease Agreement for Michigan.

• A triple net lease means that the tenant pays for everything to do with the premises, including structural repairs.
• The tenant has the option to renew the lease for an additional term.
• The tenant will pay all expenses, taxes, and charges levied against the premises, except for the landlord's income taxes.
• The tenant must carry adequate fire and extended coverage insurance.
• The tenant is responsible for all alterations, improvements, maintenance and repairs to the premises.
• Provisions for abatement of rent or termination of the lease the event of damage, destruction, or condemnation of the building.
• The tenant accepts the lease subordinate to any mortgage or other lien.
• Available in MS Word format.
• Intended to be used only in the State of Michigan.