North Carolina Renewal and Extension of Commercial Lease

Lease office or retail space to a business tenant with this standard form North Carolina 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 North Carolina.

• 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 lease for office or retail space with this North Carolina Mutual Cancellation of Commercial Lease form.

• This agreement is only for commercial tenancies. A different form is required 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 North Carolina.

Use this downloadable North Carolina Notice of Assignment template to notify your business tenants that their leases have been assigned to a new landlord.

• The current landlord (or the rental property manager) is required to give notice to all leasehold tenants of any event that results in a change of lessor, such as the sale of the building to a new owner.
• The tenants are directed to pay rent and lease charges to the new landlord at a specified address.
• This is a reusable landlord-tenant notice. Purchase it, download it, and re-use it as often as you require.
• Available in MS Word format.
• Intended for use only in the State of North Carolina.