Maryland Renewal and Extension of Commercial Lease

Lease office or retail space to a business tenant with this comprehensive Maryland Commercial Lease Agreement.

• Renewal. Option for the tenant to renew for an additional term at the end of the lease.
• Property Taxes. Alternate provisions for taxes to be paid by either the landlord or the tenant, as applicable.
• Insurance. The tenant is responsible for carrying comprehensive public liability, fire and extended coverage insurance.
• Structural Repairs. Alternate provisions depending on whether the landlord is responsible for mechanical and structural repairs, or if the tenant is responsible for all repairs.
• Parking. Parking areas are to be shared by all tenants and their employees and customers.
• Damage or Destruction.Provisions for termination or for abatement of rent in the event of damage, destruction, or condemnation of the building.
• This lease agreement template is fully editable to fit your needs.
• Intended for use only in the State of Maryland.

Sublet all or part of your leased space to a subtenant with this Maryland 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 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.
• Available in MS Word format.
• Intended for use only in the State of Maryland.

• 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.

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

• This agreement is for commercial tenants only. You need a different form for residential rental properties.
• The lessor (landlord) and lessee (tenant) mutually agree that the lease will terminate 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.
• Available in MS Word format.
• Intended to be used only in the State of Maryland.