New York Renewal and Extension of Commercial Lease

Lease office or retail space to a business tenant with this downloadable New York 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 New York.

Sublet all or part of your leased business space to a subtenant with this New York 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.
• Available in MS Word format and fully editable to fit your needs.
• Intended for use only in the State of New York.

Secure the obligations of a corporate lessee under a business lease in New York State with this Guaranty of Commercial Lease template.

Purpose of Guaranty

The guaranty should be signed by one of the owners or managers of a business tenant before the commencement date of the lease.

Key Provisions

• The guarantor guarantees payment of the rent and all amounts due to the landlord, as well as performance of the tenant's obligations under the lease.
• The guaranty includes the landlord's costs of enforcement of the lease. 
• The guarantor waives notice of any demand and notice of default by the corporate tenant.
• The guaranty will remain in effect notwithstanding any bankruptcy, reorganization or insolvency of the tenant.

Format and Legal Jurisdiction

The Guaranty of Commercial Lease template is available in MS Word format and is fully editable and reusable. This document should only be used in the State of New York.