COMMERCIAL LEASE AGREEMENT
This Commercial Lease Agreement ("Agreement") is made and entered by and between
[LANDLORD NAME] (The “Landlord”), and [TENANT NAME] (The "Tenant") and dated as of
[DATE] for the property located at [PROPERTY ADDRESS] (“Premises”), which shall be used for
the commercial purpose of [BUSINESS PURPOSE] (The “Business Purpose”).
The Landlord and Tenant hereby acknowledge the following:
1. Term.
The term of this Lease shall start on [START DATE] and end on [END DATE]. By written notice to
Landlord no later than [NOTICE DEADLINE] before the expiration of the current Lease term,
Tenant shall have the option to renew this Lease for an additional term of [RENEWAL TERM].
2. Rent.
Tenant shall pay an amount of [RENT AMOUNT] per month as rent to Landlord, payable on [DUE
DATE] of each month. In the event of a late rent payment, the Tenant shall pay a late fee of [LATE
CHARGE AMOUNT] for each day late.
3. Security Deposit.
Upon signing the Lease, the Tenant will pay a security deposit of [SECURITY DEPOSIT
AMOUNT] to the Landlord. If there are no damages or unpaid rent, the security deposit will be
returned to the Tenant within [DAYS] after the termination of this Lease.
4. Use of Property.
The Tenant may not use the Premises for any purpose other than the aforementioned Business
Purpose without the prior written consent of the Landlord. Tenant shall comply with all laws and
regulations applicable to the use of the Premises.
5. Maintenance and Repairs.
The Landlord will be responsible for the maintenance of the structural and mechanical components
of the Property, as well as the interior of the Facilities, including, among others, accessories,
appliances, and equipment. The Tenant will also be liable for damages caused by the Tenant's
negligence or misuse of the Premises.
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6. Alterations and Improvements.
Tenant shall not make any alterations or improvements to the Premises without the prior written
consent of Landlord. Any alterations or improvements made with the Landlord’s consent shall
become the property of the Landlord upon termination of this Lease.
7. Insurance.
Tenant's liability insurance shall maintain a minimum coverage of [MINIMUM COVERAGE
AMOUNT]. The Tenant shall provide proof of insurance to the Landlord upon request and also
maintain property insurance on the Premises.
8. Indemnification.
Everything related to the Tenant's use of the Premises shall hold the Landlord harmless and
indemnify any claims, damages, losses, and expenses, including reasonable attorney's fees.
9. Default.
In the event of Tenant's default under this lease, including, but not limited to, failure to pay rent,
Tenant will have [Grace Period] days to cure such default. If the Tenant fails to cure such breach
within days of the [Grace Period], the Landlord may terminate this lease and take possession of the
Premises without notice.
10. Assignment and Subletting.
Without the Landlord's prior written consent, the Tenant may not assign this lease or sublet any part
of the Premises.
11. Termination.
Either party may terminate this lease upon [Notice Period] days' written notice to the other party.
12. Governing Law.
This Commercial Lease Agreement will be governed by the law of [COUNTRY].
13. Entire Agreement.
This Agreement constitutes the sole and entire agreement of the parties concerning the subject
contained herein, and supersedes all prior and contemporaneous understandings and agreements,
both written and oral, to such subject.
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14. Signatures.
This agreement can be executed in multiple copies, each copy will be considered an original, and all
of which together will make up one complete instrument.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first
above written.
LANDLORD NAME TENANT NAME
By _____________________ By_____________________
Name: Name:
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