New Jersey Commercial Lease Agreement

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

• Triple Net Lease. A triple net lease means that the lessee covers all costs and expenses to do with the premises including structural repairs.
• Renewal. The lessee has an option to renew the lease for an additional term.
• Taxes and Charges. The lessee will pay all expenses, taxes, levies, and charges with respect to the premises, all utilities and services, and operating expenses for its business.
• Insurance. The lessee is responsible for carrying fire, extended coverage, and liability insurance.
• Alterations and Repairs. The lessee is responsible for all alterations, improvements, maintenance and repairs.
• Damage or Destruction. Clauses outlining abatement of rent or termination of the lease the event of damage, destruction, or condemnation of the building.
• Subordination. The lessee agrees to sign a subordination agreement or other documents necessary to subordinate the lease to a mortgage or other charge, if required by the lessor.
• Additional Rent. Optional clause for percentage rent to be paid in addition to the base rent, if applicable.

This New Jersey Commercial Triple Net Lease Agreement template is available in Rich Text format (.RTF), and is fully editable to fit your needs. Updated 2011.

If you lease space to business tenants in New Jersey, always have one of the company's owners or managers execute this Guaranty of Commercial Lease form to ensure that the lease costs will be paid if the tenant defaults.

• The Guaranty is absolute, unconditional and continuing.
• The document should be signed by a person or corporate entity that has a material interest in the tenant, such as a shareholder or partner.
• The guarantor agrees to pay the rent and perform all of the tenant's obligations under the lease, if the tenant defaults.
• The landlord has the right to bring suit against the guarantor whether or not it decides to take legal action against the tenant.
• Available in MS Word format.
• Intended to be used only in the State of New Jersey.

Cancel a lease for office or retail space with this New Jersey Mutual Cancellation of Commercial Lease form.

• This agreement is only for commercial tenancies. Use this form instead for residential tenants.
• 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, downloadable and fully editable to fit your needs.
• Intended to be used only in the State of New Jersey.

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

• The Sublease can be used for office, retail shopping or other business premises.
• The subtenant pays the security deposit and the rent to the original tenant, who in turn pays the landlord.
• The original tenant must still perform its obligations under the head lease for the duration of the lease term.
• 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.
• Intended for use only in the State of New Jersey.