Commercial Real Estate Lease Agreement Template

A commercial lease is specific to renters using the property for commercial or residential purpose depending on the type of the property to be leased.

Commercial real estate lease agreement template. Adobe pdf ms word opendocument. Triple net nnn lease agreement tenant pays an agreed upon amount to the landlord in addition to all expenses apart of the property including but not limited to taxes common area maintenance cam s and real estate taxes levied by the county and or city town. The advantages of having a lease agreement. Landlord shall pay prior to delinquency all general real estate taxes and installments of special assessments coming due during the lease term on the leased premises and all personal. On the other hand the residential lease agreement is also known as residential rental contract formed by the landlords to rent out real estate for the purpose of living.

This lease agreement is made and entered into on december 1 2013 by and between temple cb llc whose address is 4350 temple city boulevard el monte california 91731 hereinafter referred to as landlord and okra energy inc whose address is 4350 temple city boulevard el monte california 91731 hereinafter referred to as tenant. This agreement establishes the relationship between the landlord and the tenant. This agreement is also often referred to as a real estate agreement. A commercial lease agreement acts as a legally binding contract which allows a business the right to occupy the landlord s property for business or commercial activities in exchange for paying rent. The basic difference between both of the agreements is that the commercial lease is for the business rental properties while the residential lease agreement is for the purpose.

Make money off an office space or consignment booth rental by downloading our free printable commercial lease agreement. A commercial lease agreement or business lease is a formal document between a tenant and a landlord with business property for rent. The lease includes basic information about the. Undoubtedly having a written real estate lease agreement form not only provides certainty it also provides clarity. Such type of agreement jots down the various terms and conditions that need to be met for the contract to be valid and legal.

Commercial real estate lease agreement templates are used to draft these agreements. A lease agreement is an official document that is used to mark the fact that a certain agency or person has agreed to lease his or her property to another person. A commercial real estate lease agreement is drafted when the dealer or the owner or the broker agrees to lease a property for your needs. A commercial lease agreement is a document outlining the responsibilities of a landlord and tenant when a commercial property is being rented.