Washington Commercial Lease Agreement

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

What is a triple net lease?

A triple net lease is a lease agreement under which the lessee (tenant) is responsible for all costs and expenses related to the premises, including structural repairs, typically in exchange for cheaper rent.

Key Features of the Lease Template

• Renewal. The lessee has an option to renew the lease for an additional term.
• Taxes and Charges. The lessee will pay all expenses, taxes, levies, and charges with respect to the premises, all utilities and services, and operating expenses for its business.
• Insurance. The lessee is responsible for carrying fire, extended coverage, and liability insurance.
• Alterations and Repairs. The lessee is responsible for all alterations, improvements, maintenance and repairs.

Subordination of Lease to Mortgage

The lessee agrees to sign a subordination agreement or other documents necessary to subordinate the lease to a mortgage or other charge or encumbrance, if the lessor requires it.

Damage or Destruction of Premises

The lease form contains clauses providing for abatement of rent or termination of the lease in the event of damage, destruction, or condemnation of the leased premises.

Format and Use of Document

The document template is available in MS Word format and is fully editable to meet your particular circumstances. It is intended to be used only in the State of Washington.

Cancel a lease of office or retail premises with this Washington 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.
• Available in MS Word format.
• Intended to be used only in the State of Washington.

WA business tenants, sublet all or part of your space to a subtenant with this Washington 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 Washington.