Products tagged with 'commercial leasing form'

When a commercial tenant moves out, the landlord or property manager is responsible for returning the security deposit along with this Refund Statement.

• The Refund Statement sets out the details of the termination or expiry of the lease, the amount of the deposit, and how much is being returned.
• If any amounts are deducted from the security deposit, they must be recorded and reasons given to substantiate the deduction.
• This is a generic form that can be used by landlords and rental property managers anywhere. 
• The template is fully customizable to allow you to add items and make any desired changes.

This Nova Scotia Commercial Net Lease Agreement is a comprehensive legal template that makes it easy to write all your leases in a standardized format.

This document is provided in a downloadable MS Word format and can be fully customized to suit individual requirements.

Net Lease Terms

Under the terms of this Lease, the arrangement is “net” to the landlord. The tenant assumes responsibility for paying all taxes, charges, and assessments that may be levied against the premises.

Indemnification

The lease requires the tenant to indemnify the landlord against any loss or damage that may occur in connection with the premises.

Insurance Requirements

Tenants are obligated to obtain and maintain insurance coverage as specified by the landlord, ensuring adequate protection throughout the lease term.

Acceleration of Rent

Should the tenant undergo bankruptcy, liquidation, or receivership, the agreement includes provisions for the acceleration of rent, requiring immediate payment of outstanding amounts.

Removal of Fixtures and Chattels

At the conclusion of the lease term, tenants retain the right to remove their fixtures and chattels from the premises.

Tenant’s Continuing Liability

If the lease is transferred or assigned, or if the premises are sublet, the tenant remains liable for all obligations under the lease agreement.

Renewal and Holdover Options

Tenants are given the option to renew the lease for an additional term. Should the lease not be renewed and the tenant continues to occupy the premises beyond the original term, the agreement stipulates that the tenancy will convert to a month-to-month arrangement.

Jurisdiction

The template is intended for use only in the Province of Nova Scotia, Canada.

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

This MS Word template is designed for leasing office, retail, or other business premises, and outlines the specific responsibilities of both the landlord (lessor) and tenant (lessee) in a commercial leasing situation.

Triple Net Lease Structure

Under this agreement, the lessee assumes responsibility for all costs and expenses associated with the premises, including structural repairs. This arrangement is referred to as a "triple net lease," meaning the tenant covers virtually all operational costs in addition to the base rent.

Renewal Option

The lessee has the option to renew the lease for an additional term, enabling continued occupancy under the same or renegotiated terms.

Payment of Taxes and Charges

The lessee is obligated to pay all expenses, taxes, levies, and charges related to the premises. This includes all utilities, services, and operating expenses necessary for the conduct of their business.

Insurance Requirements

It is the lessee’s responsibility to maintain appropriate insurance coverage. The required coverage includes fire insurance, extended coverage, and liability insurance for the duration of the lease.

Alterations, Improvements, and Repairs

The lessee is responsible for all alterations, improvements, maintenance, and repairs to the premises. This ensures the property is kept in good condition and all modifications are managed by the tenant.

Damage or Destruction

The agreement contains clauses that address scenarios involving damage, destruction, or condemnation of the building. These clauses specify the procedures for abatement of rent or possible termination of the lease in such events.

Subordination

The lessee agrees to execute a subordination agreement or any other documents required to subordinate the lease to a mortgage or other encumbrance, if requested by the lessor. This provision ensures the lease is subordinate to the lessor’s financing arrangements.

Additional Rent

An optional clause allows for the inclusion of percentage rent in addition to the base rent, should this be applicable. This enables the landlord to receive a portion of the tenant’s business income as additional rent.

Jurisdiction

This Triple Net Lease is intended for use only in the State of Alabama.

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

This MS Word template is designed for leasing office, retail, or other business premises, and outlines the specific responsibilities of both the landlord (lessor) and tenant (lessee) in a commercial leasing situation.

Triple Net Lease Structure

Under this agreement, the lessee assumes responsibility for all costs and expenses associated with the premises, including structural repairs. This arrangement is referred to as a "triple net lease," meaning the tenant covers virtually all operational costs in addition to the base rent.

Renewal Option

The lessee has the option to renew the lease for an additional term, enabling continued occupancy under the same or renegotiated terms.

Payment of Taxes and Charges

The lessee is obligated to pay all expenses, taxes, levies, and charges related to the premises. This includes all utilities, services, and operating expenses necessary for the conduct of their business.

Insurance Requirements

It is the lessee’s responsibility to maintain appropriate insurance coverage. The required coverage includes fire insurance, extended coverage, and liability insurance for the duration of the lease.

Alterations, Improvements, and Repairs

The lessee is responsible for all alterations, improvements, maintenance, and repairs to the premises. This ensures the property is kept in good condition and all modifications are managed by the tenant.

Damage or Destruction

The agreement contains clauses that address scenarios involving damage, destruction, or condemnation of the building. These clauses specify the procedures for abatement of rent or possible termination of the lease in such events.

Subordination

The lessee agrees to execute a subordination agreement or any other documents required to subordinate the lease to a mortgage or other encumbrance, if requested by the lessor. This provision ensures the lease is subordinate to the lessor’s financing arrangements.

Additional Rent

An optional clause allows for the inclusion of percentage rent in addition to the base rent, should this be applicable. This enables the landlord to receive a portion of the tenant’s business income as additional rent.

Jurisdiction

This Triple Net Lease is intended for use only in the State of Arkansas.

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

This template provides a comprehensive agreement for leasing office, retail, or other business premises in Delaware. The agreement is designed to clearly outline the responsibilities and obligations of both the landlord (lessor) and tenant (lessee).

Triple Net Lease

Under a triple net lease, the lessee is responsible for covering all costs and expenses associated with the leased premises. This includes not only routine expenses but also structural repairs, ensuring the property is maintained to a high standard throughout the term of the lease.

Renewal Option

The agreement grants the lessee the option to renew the lease for an additional term. This provides flexibility and security for tenants wishing to continue their business operations beyond the initial lease period.

Taxes, Charges, and Operating Expenses

The lessee is obligated to pay all expenses, taxes, levies, and charges related to the premises. This responsibility extends to all utilities, services, and operating expenses incurred as part of running their business.

Insurance Requirements

It is the lessee’s duty to maintain appropriate insurance coverage, including fire, extended coverage, and liability insurance, to protect the premises and their business activities.

Alterations, Improvements, and Repairs

All alterations, improvements, maintenance, and repairs to the premises fall under the lessee’s responsibility. This ensures that the property remains in good condition and any necessary updates or repairs are promptly addressed.

Damage, Destruction, or Condemnation

The agreement contains clauses detailing the procedures for rent abatement or lease termination in the event the building is damaged, destroyed, or condemned. These provisions provide guidance and protection for both parties should unforeseen circumstances arise.

Subordination

The lessee agrees to sign a subordination agreement or any other necessary documents, if required by the lessor, to subordinate the lease to a mortgage or other charge. This ensures that the lease remains subordinate to the lessor’s financing arrangements.

Additional Rent

An optional clause may be included for percentage rent, requiring the lessee to pay an additional amount based on the performance of their business, on top of the base rent. This can be tailored to suit the specific needs of the parties involved.

Template Features

This Commercial Triple Net Lease Agreement template is provided in MS Word format and is fully editable, allowing users to customize it to fit their particular requirements.

Jurisdiction

This lease template is meant to be used only in the State of Delaware.

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

This New Jersey Commercial Triple Net Lease Agreement is designed for leasing office, retail, or other business premises to a tenant. The template is provided in MS Word format and is fully editable to accommodate your specific requirements.

Triple Net Lease

This is a triple net lease, meaning the tenant (lessee) assumes responsibility for all costs and expenses related to the premises. This includes, but is not limited to, structural repairs, meaning the tenant bears the burden of ongoing maintenance and repairs to the property.

Renewal Option

The lessee is granted the option to renew the lease for an additional term, providing flexibility and continuity for their business operations beyond the initial lease period.

Taxes and Charges

All expenses, taxes, levies, and charges associated with the premises are payable by the lessee. This also encompasses all utility costs, service fees, and operating expenses required for the lessee's business activities within the premises.

Insurance Requirements

The lessee is obligated to carry fire insurance, extended coverage, and liability insurance. This ensures that both the property and liabilities associated with occupancy are adequately protected.

Alterations, Improvements, and Repairs

Responsibility for all alterations, improvements, maintenance, and repairs rests entirely with the lessee. Any changes or upgrades to the premises must be managed and funded by the tenant.

Damage or Destruction

The agreement contains clauses that address scenarios involving damage, destruction, or condemnation of the building. These provisions outline the conditions under which rent may be abated or the lease may be terminated.

Subordination

The lessee agrees to sign a subordination agreement or any other necessary documents to subordinate the lease to a mortgage or other charge, should the lessor require it. This ensures the lease does not take precedence over financial interests held by lenders.

Additional Rent

An optional clause allows for the possibility of percentage rent to be paid by the lessee, in addition to the base rent, if applicable to the agreement.