Texas

TX landlords, have you sold a rental property to a new owner? Transfer the lease interest with this Texas 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 State of Texas.

Lease office or retail space to a business tenant with this downloadable Texas 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 standard form Texas Commercial Lease Agreement is fully editable to fit your needs.

TX business tenants, sublet all or part of your space to a subtenant with this Texas 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 State of Texas.

Lease office, retail or other business premises in Texas 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 Texas. 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. The rent is typically lower for the tenant, because the landlord is relieved of the responsibility for those expenses.

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 State of Texas.

Secure the obligations of a corporate tenant (lessee) under a commercial lease with this Texas Guaranty of Commercial Lease.

• This is an unconditional and continuing guaranty.
• 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 landlord (lessor) 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.
• This template is available in MS Word format and is fully editable to meet your exact needs.
• Intended to be used only in the State of Texas.

Cancel a lease of office or retail premises with this Texas Mutual Cancellation of Commercial Lease form.

• This agreement is only for commercial tenancies. You will need to use a different 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.
• This legal form template is downloadable and fully editable to fit your needs.
• Intended for use in the State of Texas.

Renew a business tenant's lease with this affordable Texas 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.
• Fully editable so you can customize it to your exact needs.
• Intended to be used only in the State of Texas.