Alaska
Prepare professional leases, renewals and notices for business tenants with these easy template Commercial Lease Forms for Alaska landlords and property managers.
The Alaska Landlord and Tenant Act does not apply to commercial tenancies. Commercial tenants and landlords are expected to negotiate the lease terms and work out disputes between themselves and their legal counsel.
From that standpoint, it is important to make sure that certain issues are clearly dealt with in the lease - for instance, a means for early termination, and the process by which a tenant can assign the lease or sublet the premises. In the current economic climate, many businesses fail within their first year. If a tenant is no longer able to continue doing business on the premises, it's in both the tenant's and the landlord's best interests to terminate the lease or transfer the premises to a new tenant as quickly and as smoothly as possible.
Alaska Commercial Lease Agreement
Lease office, retail shopping or other business space in Alaska to a tenant with this customizable Commercial Lease Agreement.
- The tenant has an option to renew the lease at the end of the term.
- There are two optional clauses for payment of property taxes, one for the landlord and one for the tenant, whichever is applicable.
- The tenant is responsible for carrying comprehensive public liability, fire and extended coverage insurance.
- Optional clauses included if (i) the landlord is responsible for mechanical and structural repairs, and (ii) if the tenant is responsible for all repairs.
- Parking areas are to be shared by all tenants and their employees and customers.
- Provisions to govern in the event of damage, destruction, or condemnation of the building.
This lease template is provided in MS Word format and is fully editable to fit your needs. Intended for use only in the State of Alaska.
Alaska Commercial Sublease Agreement
AK commercial tenants, sublet all or part of your space to a subtenant with this Alaska Commercial Sublease Agreement.
- This sublease can be used for offices, retail shops or other business premises.
- The subtenant must pay a security deposit to the original tenant.
- The subtenant pays rent to the tenant, who in turn pays the landlord.
- The original tenant must still perform its obligations under the head lease.
- The original tenant assigns its interest in the sublease to the landlord.
- The original tenant directs the subtenant to pay rent directly to the landlord if the original tenant defaults in any of its obligations under the head lease.
- This legal contract template is available in MS Word format and is fully editable to fit your needs.
- Intended for use only in the State of Alaska.
Alaska Commercial Triple Net Lease Agreement
Lease office, retail or other business premises to a tenant with this Alaska 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.
Alaska Guaranty of Commercial Lease
- The guaranty is given by a principal of the company, such as a shareholder, partner, sole proprietor or some other person with a financial interest in the tenant.
- A guarantee of this type is typically required as an inducement to the lessor ⁄ landlord to sign the lease.
- The guarantor guarantees payment of all rent and other amounts due under the lease, including the payment of legal fees incurred by the landlord in enforcing the terms of the lease.
Alaska Renewal and Extension of Commercial Lease
AK commercial landlords, renew and extend a business tenant's lease with this downloadable Alaska Renewal and Extension of Commercial Lease.
- The parties agree to the expiry date of the new lease term, and the rental payments for the new term.
- The tenant has no further right to extend or renew the lease.
- 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.
- Available in MS Word format.
- Intended to be used only in the State of Alaska.