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California Assignment of Commercial Lease
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.
$11.99
California Commercial Triple Net Lease Agreement
Lease office, retail or other business premises to a tenant with this California 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.
- Available in MS Word format and fully editable to fit your needs.
- Intended to be used only within the State of California.
$29.99