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Michigan Commercial Lease Agreement
Michigan commercial landlords, rent office, retail shopping or other business premises to a tenant with this comprehensive 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.
- Available in MS Word format and fully editable to fit your needs.
- Intended to be used only in the State of Michigan.
$29.99
Michigan Commercial Triple Net Lease Agreement
Lease office or retail space to a business tenant with this Commercial Triple Net Lease Agreement for Michigan.
- A triple net lease means that the tenant pays for everything to do with the premises, including structural repairs.
- The tenant has the option to renew the lease for an additional term.
- The tenant will pay all expenses, taxes, and charges levied against the premises, except for the landlord's income taxes.
- The tenant must carry adequate fire and extended coverage insurance.
- The tenant is responsible for all alterations, improvements, maintenance and repairs to the premises.
- Provisions for abatement of rent or termination of the lease the event of damage, destruction, or condemnation of the building.
- The tenant accepts the lease subordinate to any mortgage or other lien.
- Available in MS Word format.
- Intended to be used only in the State of Michigan.
$29.99
Michigan Renewal and Extension of Commercial Lease
MI commercial landlords, renew and extend a tenant's lease of business premises with this downloadable Michigan Renewal and Extension of Commercial Lease.
- The tenant has no further right to extend or renew the lease.
- The renewal contract sets out the new expiry date and the rental payments for the renewal term.
- All other terms and provisions of the original lease remain in full force and effect.
- This Agreement is for commercial leases. For residential properties, a different form is required.
- This form is fully editable so you can customize it to your exact needs.
- Intended to be used only in the State of Michigan.
$4.99