Ohio

Assign an existing lease to a new owner of the property with this Ohio Assignment of Lease by Landlord form.

• The Assignment is between the current landlord, the purchaser of the property (new landlord) and the tenant, and is part of the documentation required to sell the premises to the new owner.
• The current landlord assigns the lease to the new landlord, and the tenant covenants to pay rent to the new owner and continue to perform the tenant's obligations under the lease.
• The current landlord and the purchaser agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
• This form can be used for either commercial or residential rental properties.
• Available in MS Word format.
• Intended to be used only in the State of Ohio.

Lease office or retail space to a business tenant with this fully editable Ohio 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 Ohio.

Sublet all or part of your leased business space to a subtenant with this Ohio 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.
• Intended for use only in the State of Ohio.

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

This Commercial Triple Net Lease Agreement is designed for leasing office, retail, or other business premises in the state of Ohio. The agreement sets forth the responsibilities and obligations of both the lessor and the lessee, with particular emphasis on the triple net nature of the lease.

Triple Net Lease

Under this agreement, the tenant (lessee) is responsible for paying all costs and expenses associated with the leased premises. This includes covering structural repairs, ensuring that the property is maintained in good condition, and handling all financial obligations tied to the property.

Renewal Option

The lease provides the lessee with the option to renew the agreement for an additional term upon the expiration of the initial lease period.

Taxes and Charges

The lessee is obligated to pay all expenses, taxes, levies, and charges related to the premises. This also encompasses all utilities, services, and operating expenses necessary for the conduct of the lessee’s business.

Insurance Requirements

The lessee must carry appropriate insurance coverage, including fire, extended coverage, and liability insurance, to protect both the property and the interests of the parties involved in the lease.

Alterations, Improvements, and Repairs

All alterations, improvements, maintenance, and repairs to the premises are the responsibility of the lessee. The lessee must ensure that any changes or enhancements comply with applicable regulations and maintain the integrity of the property.

Damage or Destruction

The agreement contains provisions addressing situations involving damage, destruction, or condemnation of the building. These clauses outline potential abatement of rent or termination of the lease if such events occur.

Subordination

The lessee agrees to execute a subordination agreement or any other necessary documents to subordinate the lease to a mortgage or other charge, should the lessor require it.

Additional Rent

The lease may include an optional clause requiring the lessee to pay percentage rent in addition to the base rent, if applicable.

Template Format and Jurisdiction

This template is available in MS Word format and can be fully edited to suit your specific needs. The document is intended to be used only in the State of Ohio.

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

• This agreement is only for commercial tenancies. Use this form for residential tenants.
• The lessor (landlord) and lessee (tenant) mutually agree that the lease will terminate as of a specific date.
• All rights and obligations of the parties under the lease are extinguished, 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 Ohio.

Renew a business tenant's lease with this affordable Ohio 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 properties. For residential tenancies, a Residential Lease Extension form is required.
• Easy to use, fully editable so you can customize it to your exact needs.
• Intended to be used only in the State of Ohio.