Picture of Delaware Guaranty of Commercial Lease Picture of Delaware Guaranty of Commercial Lease

Delaware Guaranty of Commercial Lease

Secure the obligations of a corporate tenant / lessee under a commercial lease in the State of Delaware with this unconditional and continuing 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.
  • This legal form template is provided in MS Word format and is fully editable to meet your exact needs.
  • Intended for use only in the State of Delaware.
Document Type: Microsoft Word
Last Updated: 10-June-2021
SKU: 7500
$17.99
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Lease office, retail shopping or other business space to a tenant with this standard-form Delaware Commercial Lease Agreement.

  • The tenant has an option to renew the lease at the end of the term.
  • Optional clauses for payment of the property taxes by either the landlord or the tenant, as agreed to between the parties.
  • 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.
  • Procedures in the event of damage, destruction, or condemnation of the building.
  • The tenant accepts the lease subordinate to any mortgage or other lien against the property.
  • The tenant agrees to provide an estoppel certificate upon request by the landlord.
  • This lease template is a downloadable MS Word document.
  • Intended for use only in the State of Delaware.
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Picture of Delaware Mutual Cancellation of Commercial Lease

Delaware Mutual Cancellation of Commercial Lease

Cancel a business lease of office or retail space with this Delaware Mutual Cancellation of Commercial Lease template.

  • This agreement is for commercial tenants only. You need a different form for residential rental properties.
  • Both the lessor and lessee mutually agree to terminate the lease as of a specific date.
  • The cancellation of the lease extinguishes all the rights and obligations of the parties under the lease, except for those which accrue prior to the termination date.
  • This form is available as a downloadable and fully editable Word document.
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Picture of Delaware Commercial Sublease Agreement

Delaware Commercial Sublease Agreement

DE commercial tenants, sublet all or part of your space to a subtenant with this Delaware Commercial Sublease Agreement for office, retail shopping or other business premises.

  • The subtenant must pay a security deposit to the original tenant.
  • The subtenant pays the rent to the original 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 subtenant must pay the rent directly to the landlord if the original tenant defaults in any of its obligations under the head lease.
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  • Intended for use only in the State of Delaware.
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