UNITED STATES

Rent commercial office, retail or restaurant space to a business tenant with this comprehensive Commercial Lease Agreement for Illinois.

• The tenant has an option to renew the lease at the end of the initial term.
• The template includes two alternate clauses for property taxes, depending on whether they're being paid by the landlord or the tenant.
• The lease also contains provisions for either (i) a double net lease (landlord responsible for mechanical and structural repairs), or (ii) a triple net lease (tenant pays for all repairs and maintenance).
• Common parking areas are shared by all tenants and their employees and customers.
• Available in MS Word format and fully editable to fit your circumstances.
• Intended to be used only in the State of Illinois.

Sublet all or part of your leased business space to a subtenant with this Illinois 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 Illinois.

Cancel a business lease for office or retail space with this Illinois Mutual Cancellation of Commercial Lease template.

• This agreement is for commercial tenants only. You need a different form for residential rental properties.
• Both the lessor and lessee mutually agree to terminate the lease 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.
• Intended to be used only in the State of Illinois.

IL commercial landlords, renew and extend a business tenant's lease with this customizable Illinois 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.
• Intended to be used only in the State of Illinois.

Lease space to a business tenant with this standard form Indiana 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 Indiana.

Sublet all or part of your leased business space to a subtenant with this Indiana 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 in the State of Indiana.

• 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 business lease for office or retail space with this Indiana Mutual Cancellation of Commercial Lease template.

• This agreement is for commercial tenants only. You need a different form for residential rental properties.
• Both the lessor and lessee mutually agree to terminate the lease 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.
• Intended to be used only in the State of Indiana.

IN commercial landlords, renew and extend a tenant's lease of business premises with this customizable Indiana 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.
• This form is fully editable so you can customize it to your exact needs.
• Intended to be used only in the State of Indiana.

Iowa landlords, assign your tenant's lease to a new owner of the property with this easy-to-use Assignment of Lease by Landlord form.

The Assignment of Lease by Landlord form is designed specifically for Iowa landlords who wish to transfer their tenant's lease to a new owner following the sale of the rental property. This straightforward and user-friendly document ensures a smooth transition for all parties involved.

Parties Involved

This assignment form is executed between three parties: the current landlord, the purchaser of the property (who becomes the new landlord), and the tenant. It formalizes the agreement by which the current landlord assigns the lease to the new landlord, with the tenant agreeing to pay rent and fulfill all lease obligations to the new owner.

Tenant Obligations

Upon execution of the assignment, the tenant commits to continue paying rent to the new landlord and to uphold all responsibilities as specified in the original lease agreement.

Indemnification

The current landlord and the new landlord (purchaser) mutually agree to indemnify each other. This means that each party will protect the other from any claims or legal actions that may arise from a breach of the terms outlined in the assignment agreement.

Applicability

This Assignment of Lease form is suitable for use with both commercial and residential rental properties. It provides flexibility for landlords managing various types of rental arrangements.

Format and Usage

The form is available in MS Word format for ease of customization and use. It is intended solely for transactions taking place within the State of Iowa.