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    Texas Commercial Triple Net Lease Agreement


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

    • A triple net lease means that the lessee covers all costs and expenses to do with the premises including structural repairs.
    • The lessee has an option to renew the lease for an additional term.
    • 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.
    • The lessee is responsible for carrying fire, extended coverage, and liability insurance.
    • The lessee is responsible for all alterations, improvements, maintenance and repairs.
    • Provisions for abatement of rent or termination of the lease the event of damage, destruction, or condemnation of the building.
    • 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.
    • Optional clause for percentage rent to be paid in addition to the base rent, if applicable.
    • This legal form is available as a downloadable MS Word template.
    • Intended for use only in the State of Texas.
    Download Type: Microsoft Word
    Last Updated: 23-May-2021
    SKU: 5827