Property

VIC tenants, do you share a house or flat with one or more other people? Be sure that everyone understands their obligations with this Shared Tenancy Agreement for Victoria tenancies.

• how rental expenses are to be divided up among the tenants, including rent, security deposit ⁄ bond, long distance telephone and other expenses;
• responsibility for damage and repairs by the flatmate responsible;
• termination by a flatmate;
• what happens if a flatmate defaults in performing their obligations;
• disposal of abandoned property left behind when a flatmate moves out;
• a set of house rules to be followed by all tenants.

Victoria business tenants, sublet your premises to a subtenant with this Sublease for Commercial Premises.

• The landlord must consent to the subletting.
• The head lease between the landlord and the tenant applies to the sub-lease, except as set out in the sub-lease.
• The subtenant must comply with the obligations of the original tenant under the head lease.
• Rent is to be paid to the original tenant, who will pay it to the landlord.
• The subtenant is responsible for paying all outgoings separately assessed on the premises, and for all charges for services supplied to the premises.
• The subtenant releases and indemnifies the original tenant against any loss, damage or claim arising from the subtenant's use of the premises, or from the subtenant's breach of the sub-lease or the head lease.
• If the head lease is terminated, the sub-lease will automatically terminate as well.

Cancel a tenant's lease before the end of the lease term with this Virginia Agreement for Early Termination of Lease form.

• This form is not for evictions. It can only be used when both the landlord and tenant agree to terminate the lease early.
• This Agreement is for residential tenants only. A different form is required for commercial rental properties.
• The tenant must still give the landlord written notice setting out the proposed termination date.
• The tenant agrees to pay a lease buyout fee.
• Fully editable and easy to customize to fit your circumstances.
• Intended to be used only in the Commonwealth of Virginia.

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

• The Assignment is between the seller (current landlord), the purchaser of the property (new landlord), and the tenant.
• The tenant covenants to pay rent to the new landlord and continue to perform the tenant's obligations under the lease.
• The seller and purchaser agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
• The Assignment can be used for both commercial and residential rental properties.
• Intended for use only in the Commonwealth of Virginia.

Lease office or retail space to a business tenant with this downloadable Virginia 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 Commonwealth of Virginia.

VA business tenants, sublet all or part of your space to a subtenant with this Virginia Commercial Sublease Agreement.

• The Sublease can be used for office, retail or other business premises.
• The subtenant must pay a security deposit to the original tenant.
• The subtenant pays rent to the tenant, who in turn pays the landlord.
• The original tenant must still perform its obligations under the head lease.
• 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 Commonwealth of Virginia.

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

This template provides a comprehensive agreement for leasing office, retail, or other business premises in Virginia. The agreement is designed to clearly outline the responsibilities and obligations of both the landlord (lessor) and tenant (lessee).

Triple Net Lease

Under a triple net lease, the lessee is responsible for covering all costs and expenses associated with the leased premises. This includes not only routine expenses but also structural repairs, ensuring the property is maintained to a high standard throughout the term of the lease.

Renewal Option

The agreement grants the lessee the option to renew the lease for an additional term. This provides flexibility and security for tenants wishing to continue their business operations beyond the initial lease period.

Taxes, Charges, and Operating Expenses

The lessee is obligated to pay all expenses, taxes, levies, and charges related to the premises. This responsibility extends to all utilities, services, and operating expenses incurred as part of running their business.

Insurance Requirements

It is the lessee’s duty to maintain appropriate insurance coverage, including fire, extended coverage, and liability insurance, to protect the premises and their business activities.

Alterations, Improvements, and Repairs

All alterations, improvements, maintenance, and repairs to the premises fall under the lessee’s responsibility. This ensures that the property remains in good condition and any necessary updates or repairs are promptly addressed.

Damage, Destruction, or Condemnation

The agreement contains clauses detailing the procedures for rent abatement or lease termination in the event the building is damaged, destroyed, or condemned. These provisions provide guidance and protection for both parties should unforeseen circumstances arise.

Subordination

The lessee agrees to sign a subordination agreement or any other necessary documents, if required by the lessor, to subordinate the lease to a mortgage or other charge. This ensures that the lease remains subordinate to the lessor’s financing arrangements.

Additional Rent

An optional clause may be included for percentage rent, requiring the lessee to pay an additional amount based on the performance of their business, on top of the base rent. This can be tailored to suit the specific needs of the parties involved.

Template Features

This Commercial Triple Net Lease Agreement template is provided in MS Word format and is fully editable, allowing users to customize it to fit their particular requirements.

Jurisdiction

This lease template is meant to be used only in the Commonwealth of Virginia.

VA landlords, extend the term of a tenant's lease with this Virginia Residential Lease Extension Agreement.

• The landlord and tenant must both agree to extend the lease term for an additional period.
• The lease cost now becomes a monthly rental payment for the duration of the extended term.
• All other provisions of the original lease which are not amended in the Extension Agreement remain the same.
• This Agreement is for residential leases only. For commercial properties, a different form is required.
• This legal form template is downloadable, fully editable and easy to use.
• Intended for use only in the Commonwealth of Virginia.

Virginia landowners, give fishermen permission to fish in waterways on your property with this Virginia Fishing Lease Agreement.

• The Agreement can be used for individual fishermen or for groups and organizations.
• The user can only fish at the times of the year permitted by local, State and federal laws.
• The user's rights to fish on the property are subject to the rights of the landowner to use and protect the land and subject to any oil and gas or mineral leases.
• The landowner has the right to limit fishing in any body of water in order to preserve the quality of the fish stock.
• The user must take proper care of the property and comply with all applicable Commonwealth of Virginia rules and regulations. Failure to do so will result in immediate termination of the lease.
• The landowner has no responsibility for the user's safety or that of any guests or invitees, and the user indemnifies and holds the landowner harmless against any claim, loss, cost or damage arising from the user's use of the property.

This Virginia Fishing Lease Agreement is provided in MS Word format, and can be easily edited to fit your circumstances.

Before that business tenant takes possession of the premises, get a guaranty from an owner of the business to secure the payment and performance of the tenant's obligations with this Guaranty of Commercial Lease form for Virginia landlords.

• The guaranty is unconditional and continuing and will not be affected by any amendment to or extension or assignment of the lease.
• The guaranty is also not affected if the tenant becomes bankrupt or insolvent.
• The guarantor is primarily liable, which means that the landlord can take legal action against the guarantor even before commencing suit against the tenant.

Download the Virginia Guaranty of Commercial Lease and make sure to get a signed copy each time you lease to a new tenant.