Commercial Lease Agreement Form

What type of commercial lease is this?

Triple-Net Lease (NNN) - Tenant pays for ALL of the property expenses.Modified Gross Lease - Tenant pays for SOME of the property expenses.Gross Lease - Tenant pays for NONE of the property expenses.

Property expenses include real estate taxes, insurance, and common-area maintenance (CAMs).

When will the lease start?

When will the lease end?

If you're not sure yet, leave these blank to fill them in by hand after the lease is printed.

Will the tenant have the option to renew the lease?

Will the tenant have the option to renew the lease? Yes.No, the tenant may not extend this lease when it ends.

Option to Renew: The tenant can choose to extend the lease when it ends.

The tenant will have:

option(s) to renew.

The dates for each option will be entered on the next page.

Option to Renew

Start date:

End date:

Second Option to Renew

Start date:

End date:

Third Option to Renew

Start date:

End date:

Fourth Option to Renew

Start date:

End date:

Fifth Option to Renew

Start date:

End date:

Sixth Option to Renew

Start date:

End date:

Seventh Option to Renew

Start date:

End date:

Eighth Option to Renew

Start date:

End date:

Ninth Option to Renew

Start date:

End date:

Tenth Option to Renew

Start date:

End date:

Eleventh Option to Renew

Start date:

End date:

Twelfth Option to Renew

Start date:

End date:

Thirteenth Option to Renew

Start date:

End date:

Fourteenth Option to Renew

Start date:

End date:

Fifteenth Option to Renew

Start date:

End date:

Sixteenth Option to Renew

Start date:

End date:

Seventeenth Option to Renew

Start date:

End date:

Eighteenth Option to Renew

Start date:

End date:

Ninteenth Option to Renew

Start date:

End date:

Twentieth Option to Renew

Start date:

End date:

Rent is due on the

day of each month.

Rent will be due on the:

day

of every:

Rent will be paid:

Rent will be paid: MonthlyOther (yearly, quarterly, weekly, etc.)

Will the tenant pay percentage rent?

Will the tenant pay percentage rent? YesNo

Percentage Rent: When the tenant pays the landlord a percent of sales in addition to regular rent.

When the lease starts, the tenant will pay:

$per month.

When the lease starts, the tenant will pay:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will the rent increase during this lease?

Will the rent increase during this lease? Yes, rent will increase during the lease or for renewals (if any).No, rent will stay the same for the entire lease and for renewals (if any).

First Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Second Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Third Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Fourth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionallly, tenant will pay:

of gross sales above:

$dollars.

Will there be another rent incrase?

Will there be another rent incrase? YesNo

Fifth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Sixth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Seventh Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars

Will there be another rent increase?

Will there be another rent increase? YesNo

Eighth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Ninth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Tenth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Eleventh Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Twelfth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Thirteenth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Fourteenth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Fifteenth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Sixteenth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Seventeenth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Eighteenth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Will there be another rent increase?

Will there be another rent increase? YesNo

Nineteenth Rent Increase

Starting on this date:

Rent will increase to:

$per month.

Rent will increase to:

$per payment.

Additionally, the tenant will pay:

of gross sales above:

$dollars.

Acceptable methods of payment:

Acceptable methods of payment: ACH (electronic bank transfer)CashCheckPayPalVenmoZelleOther

Select all that apply.

Will the tenant pay a fee for checks returned non-sufficient funds (NSF)?

Will the tenant pay a fee for checks returned non-sufficient funds (NSF)? YesNo

How much is the NSF fee?

What is the landlord's PayPal email?

What is the landlord's Zelle email or phone number?

What is the landlord's Venmo email or username?

Other payment method:

Will the tenant pay a penalty if their rent is late?

Will the tenant pay a penalty if their rent is late? YesNo

Will the late fee be a percent of rent or a set dollar amount?

Will the late fee be a percent of rent or a set dollar amount? Percent of RentDollar Amount

Late fee

If the tenant will not be charged a late fee, enter a zero.

Late fee

If the tenant will not be charged a late fee, enter a zero.

Will there be a grace period to make payments without incurring a late fee?

Will there be a grace period to make payments without incurring a late fee? YesNo

How many days?

Type of commercial space

Square Footage

Are there common areas at this property?

Are there common areas at this property? YesNo

Areas that this tenant will share with other tenants. Like a lobby, walkways, or bathrooms.

What is the address of the leased premises?

Street Address

Address Line 2

City

State

ZIP Code

Would you like to enter any additional details to describe the property?

Would you like to enter any additional details to describe the property? YesNo

Ex. "The space also has 500 SF of storage in the rear of the property."

Please enter the additional details

Will a floor plan be attached to the lease?

Will a floor plan be attached to the lease? YesNo

Will the tenant pay a security deposit?

Will the tenant pay a security deposit? YesNo

Security deposit amount

If a security deposit is not required, enter a zero.

At the end of the lease, how many days does the landlord have to return the security deposit?

day(s)

The tenant may use the leased premises for

The tenant may use the leased premises for Any legal useOnly specific use(s)

The tenant may use the leased premises for

Will the lease include an 'Exclusive Use' clause?

Will the lease include an 'Exclusive Use' clause? YesNo

This prevents the Landlord from renting other space on the same property to another tenant with the same type of business as the tenant.

Who will be responsible for the common area maintenance (CAM) expenses?

Who will be responsible for the common area maintenance (CAM) expenses? TenantLandlordBoth (shared responsibility)

CAM expenses include parking area maintenance, landscaping, trash removal, janitorial, etc.

Describe which parts of the common area maintenance that the Tenant will be responsible for:

The Landlord will be responsible for all other parts.

Who will pay the real estate taxes on the property?

Who will pay the real estate taxes on the property? TenantLandlordShared

If the tenant is responsible for the real estate taxes, they will pay their portion calculated as a percent of the total amount.

Which taxes is the Tenant responsible for?

The Landlord will pay all other taxes.

Who will be responsible for the property damage and liability insurance on the property?

Who will be responsible for the property damage and liability insurance on the property? TenantLandlord

Liability and property damage insurance covers individuals who may injure themselves on the property. For example, if someone slips and falls on ice in the parking lot this insurance will cover any lawsuit brought to the landlord or tenant.

How many days does tenant have to reimburse landlord for liability insurance bills?

day(s)

15 to 30 days is typical.

Who will be responsible for the casualty insurance on the property?

Who will be responsible for the casualty insurance on the property? TenantLandlord

Casualty insurance protects the landlord from negligence on behalf of the tenant.

How many days does Tenant have to reimburse Landlord for Casualty Insurance bills?

day(s)

15 to 30 days is typical.

Is there an HVAC system on the property?

Is there an HVAC system on the property? YesNo

Who will be responsible for the HVAC maintenance costs?

Who will be responsible for the HVAC maintenance costs? LandlordTenant

Who is responsible for regular interior maintenance and repairs?

Who is responsible for regular interior maintenance and repairs? TenantLandlordTenant and Landlord share responsibility

Landlord's responsibilities

The tenant will be responsible for all remaining regular interior repairs and maintenance.

Are there any utilities that the landlord will pay for?

Are there any utilities that the landlord will pay for? The tenant pays for all utilitiesThe landlord pays for all utilitiesUtilites are shared

Such as internet, electricity, water/sewer, trash removal. The tenant will pay all OTHER utilities.

The landlord is responsible for the following utilities on the premises

How much time will the landlord have to remedy any problems with the property before they are in default?

days

Such as a repair, tax lien, or any issue that affects the tenant

If the tenant is in default, how many days after they are notified before the landlord takes action?

days

Tenant default allows the landlord to terminate the Lease. 15 to 30 days is common.

Landlord's Name

Do you want to enter the landlord's address?

Do you want to enter the landlord's address? YesNo, I'll enter it later.

Landlord's mailing address

Street Address

Address Line 2

City

State

ZIP Code

How many tenants will occupy the premises?

Tenant's name

Second tenant's name

Third tenant's name

Fourth tenant's name

Fifth tenant's name

Sixth tenant's name

Seventh tenant's name

Eighth tenant's name

Ninth tenant's name

Tenth tenant's name

Where will the tenant receive written notices from the landlord?

Where will the tenant receive written notices from the landlord? At the address of the leased premisesAt another address

What is the mailing address?

Street Address

Address Line 2

City

State

ZIP Code

Is the tenant required to carry liability insurance for their business?

Is the tenant required to carry liability insurance for their business? YesNo

Liability coverage amount

Recommended is between $1,000,000.00 to $5,000,000.00, depending on the property.

Will the landlord provide any furnishings?

Will the landlord provide any furnishings? YesNo

Such as desks, carpets, curtains, furniture, etc.

The landlord will provide the following furnishings

Will parking be provided to the tenant?

Will parking be provided to the tenant? YesNo

Will the parking spaces be shared or dedicated to the tenant?

Will the parking spaces be shared or dedicated to the tenant? Spaces are shared between all the tenants of the propertySpaces will be dedicated to the tenant and their customers ONLY

Will a specific number of parking spaces be provided to the tenant?

Will a specific number of parking spaces be provided to the tenant? YesNo

How many spaces?

Parking Spaces

Is the parking located on the property -OR- off-site?

Is the parking located on the property -OR- off-site? On the propertyOff-site

Off-site could mean a parking garage nearby

The parking spaces provided by the landlord are located at

Will the tenant pay an additional fee for the parking?

Will the tenant pay an additional fee for the parking? YesNo

How will the parking fee be paid?

How will the parking fee be paid? DailyWeeklyMonthlyOther

The parking fee will be paid per

The parking fee is to be charged

The parking fee is to be charged per each parking spacefor ALL the parking spaces

Parking fee

Will the landlord be responsible for any of the leasehold improvements?

Will the landlord be responsible for any of the leasehold improvements? YesNo

Leasehold improvement is a permanent fixture made to the interior or exterior space at the beginning of the lease. Examples include changes that are made to the ceilings, flooring, and interior walls.

The Landlord will be responsible for the following leasehold improvements

If the property is sold, will the landlord have the right to terminate this lease agreement?

If the property is sold, will the landlord have the right to terminate this lease agreement? YesNo

Enter the number of days' notice the landlord must give the tenant

days

The most common is 180 Days as it can take some time for a commercial tenant to move.

What happens if the tenant doesn't leave when the lease ends?

What happens if the tenant doesn't leave when the lease ends? The tenant will owe a penalty plus regular rent until they can be evicted.The tenant will be in default and their security deposit forfeited.The lease will continue on a month-to-month basis.

Holdover penalty

This is a one-time fee.

Is the tenant allowed to sublet the premises?

Is the tenant allowed to sublet the premises? Yes, but with written consent from the landlordYes, with no restrictionsNo

Subletting allows the tenant to 're-rent' the premises to someone else. If yes, the tenant will continue paying the rent as stated in the lease while someone else occupies the property and pays rent to the tenant.

Will the tenant have a right of first refusal on the property?

Will the tenant have a right of first refusal on the property? YesNo

A right of first refusal allows the tenant to purchase the property if a third party offers to purchase and the landlord accepts.

How many days will the tenant have to accept or reject the offer to purchase?

Days

This is just the time period that the tenant will have to decide on whether or not to purchase the property. The tenant does not have to purchase the property in this time period.

Will the tenant have an option to purchase the property during the lease?

Will the tenant have an option to purchase the property during the lease? YesNo

An option to purchase allows the tenant to buy the property during the term of the lease.

Purchase price

Deposit

Required to be paid by the tenant upon exercising their option to purchase the property.

This deposit will ONLY be refunded if a purchase and sale agreement is not signed by both landlord and tenant.

Who will be responsible for the Property being in compliance with the Americans with Disability Act?

Who will be responsible for the Property being in compliance with the Americans with Disability Act? LandlordTenant

The Americans with Disability Act required that all "public properties" or tenants with at least 15 employees to be built or modified within for handicap access after 1992. Per 42 U.S. Code § 12183.

What happens if the landlord and tenant get into a dispute?

What happens if the landlord and tenant get into a dispute? Mediation then arbitrationMediation then litigationLitigation onlyOther

Explain

Explain what would happen if in the event of a dispute between the landlord and tenant

Will anyone personally guarantee this lease agreement?

Will anyone personally guarantee this lease agreement? YesNo

Will the tenant's personal assets be used as collateral for this lease?

Who will guarantee this lease?

Who will guarantee this lease? Tenant(s)Other individual(s) (other than the tenant)

Enter the name(s) of the tenant(s) who guarantee this lease

How many 3rd parties guarantee the lease?

How many 3rd parties guarantee the lease? 1 individual2 individuals

Other than the tenant, how many individuals will personally guarantee this lease?

Name of guarantor

Name of 2nd guarantor

Are there any additional terms or conditions to this lease?

Are there any additional terms or conditions to this lease? YesNo

List any additional terms and/or conditions

Will this lease be notarized?

Will this lease be notarized? Yes (recommended)No

This lease agreement will be governed under the laws of which state?

If you do not make a selection, state required disclosures will not be included with this lease.

Please complete the attached Flood Risk Disclosure after printing this lease.

A radon gas disclosure will be included with this lease.

Have the premises undergone an inspection by a Certified Access Specialist (CASp)?

Have the premises undergone an inspection by a Certified Access Specialist (CASp)? YesNo

Who will be responsible for making corrections identified in the report?

Who will be responsible for making corrections identified in the report? No corrections are necessary.LandlordTenantShared

Please describe which corrections will be made by the landlord:

The tenant will be responsible for all other corrections.

To the best of your knowledge, has methamphetamine ever been produced on the premises described in this lease?

To the best of your knowledge, has methamphetamine ever been produced on the premises described in this lease? YesNo

Is any metered public utility services that the tenant is responsible for paying provided under a tariff with unamortized or ongoing charges for energy efficiency or renewable energy improvements?

Is any metered public utility services that the tenant is responsible for paying provided under a tariff with unamortized or ongoing charges for energy efficiency or renewable energy improvements? YesNo

Provide details about the remaining term and amount of charges:

Has the landlord received indoor air contamination test results from the Department of Health or a Municipality?

Has the landlord received indoor air contamination test results from the Department of Health or a Municipality? YesNo

Did those test results exceed department of health indoor air guidelines or the occupational safety and health administration guidelines for indoor air quality?

Did those test results exceed department of health indoor air guidelines or the occupational safety and health administration guidelines for indoor air quality? YesNo

Is an engineering control is in place to mitigate indoor air contamination, -OR- is the property subject to ongoing monitoring pursuant to an ongoing remedial program?

Is an engineering control is in place to mitigate indoor air contamination, -OR- is the property subject to ongoing monitoring pursuant to an ongoing remedial program? YesNo

You must provide a fact sheet and timely notice of any public meetings required to be held to discuss such results to all tenants and occupants and upon request such test results and any closure letter, within fifteen days of receipt of such results.

The notice must be provided with the lease on a separate page with the following header in at least twelve point type in bold face on the first page: "NOTIFICATION OF TEST RESULTS The property has been tested for contamination of indoor air: test results and additional information are available upon request."

What is the zoning classification of the property?

Is the present use of the property in compliance with or in violation of zoning laws and ordinances?

Is the present use of the property in compliance with or in violation of zoning laws and ordinances? The present use is in compliance with zoning laws and ordinances.The present use is in violation of zoning laws and ordinances.

Does there exist any notice of an uncorrected violation of the housing, building, safety, or fire ordinances?

Does there exist any notice of an uncorrected violation of the housing, building, safety, or fire ordinances? YesNo

Do you have actual knowledge that the property is currently contaminated from the use, storage, or manufacture of methamphetamines?

Do you have actual knowledge that the property is currently contaminated from the use, storage, or manufacture of methamphetamines? YesNo

Date this lease agreement will be signed

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