Products tagged with 'georgia commercial leasing'

Lease business space to tenants with this customizable Georgia Commercial Lease Agreement.

• The tenant has the option to renew the lease for one additional term.
• Alternate provisions for property taxes to be paid by either the landlord or the tenant, as 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.
• 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 available in MS Word format.
• Intended for use only in the State of Georgia.

Sublet all or part of your business space to a subtenant with this Georgia Commercial Sublease Agreement.

• The Sublease template can be used for office, retail, warehouse or other business premises.
• The subtenant pays a security deposit and the monthly rent to the principal tenant, who in turn pays the landlord.
• The principal tenant must still perform its obligations under the head lease.
• The principal tenant assigns its interest in the sublease to the landlord.
• If the principal tenant defaults in any of its obligations under the head lease, the subtenant is directed to pay the rent directly to the landlord.
• This legal form template is available in MS Word format.
• Intended for use only in the State of Georgia.

Cancel a business lease of office or retail space with this Georgia 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 in MS Word format.
• Intended to be used only in the State of Georgia.

Prepare an Assignment of Lease by Landlord with this template form, to assign an existing lease from the current landlord to a new owner following the sale of the property.

• The Assignment is between the current landlord (assignor), the new landlord (assignee), 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 assignor and assignee agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
• This assignment form can be used for either residential or commercial properties.
• This legal form is available as a MS Word download and is fully editable.
• Intended for use in the State of Georgia.

Renew and extend a business tenant's lease with this downloadable Georgia Renewal and Extension of Commercial Lease form.

• The lease is renewed for an additional period (which can be a full lease term or whatever period of time the landlord and tenant agree to).
• The tenant has no further right to extend or renew the lease.
• The new rental amount for the extended term is set out.
• 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 a different form for residential tenancies.
• Intended to be used only in the State of Georgia.

 Draw up a contract to manage business properties in Georgia with this Commercial Property Leasing and Management Agreement template.

This template is provided in MS Word format, and is fully customizable and reusable.

Key Provisions

• Exclusive Contract. The manager is retained on an exclusive basis to rent, lease and manage the rental property.
• Compensation. The manager will be paid a percentage of the monthly rental amount for the property. If the manager undertakes additional work outside the scope of its duties, additional fees will be payable.
• Powers of Manager. The owner authorizes the manager to collect rents, sign leases, issue late payment notices, undertake eviction proceedings, purchase supplies, hire staff, make repairs, and pay all recurring bills on the property.
• Trust Accounts. The manager will maintain two trust accounts, one for the security deposits and one for the operating funds.
• Indemnity. The property owner indemnifies the manager against claims arising from managing the property, including claims arising from the owner not making full disclosure about the property.
• Insurance. The manager is authorized to put in place fire, liability, steam boiler, pressure vessel and any other type of insurance required to be maintained on the property.

Legal Jurisdiction

This Commercial Property Leasing and Management Agreement template was prepared in accordance with the laws of the State of Georgia and should only be used within Georgia.