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New York Commercial Lease Agreement

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Updated June 25, 2025

A New York commercial lease agreement is a contract for renting retail, office, or industrial space by a landlord to a tenant. The agreement outlines all the terms and conditions of the lease, such as the rent amount, security deposit, lease term, option to renew, and more. Once signed by both parties, the document is legally binding.

Required Disclosures

1. Agency Disclosure Form (conditional) – An agent acting on behalf of a tenant or landlord in a real estate transaction must disclose their agency relationship to the other parties to the agreement and obtain their signed acknowledgement of the disclosure.

    • This disclosure is statutorily required for residential lease agreements, but it is strongly recommended for commercial lease agreements as well.[1]

2. Food Use Rider (conditional) – Though not required, this addendum is commonly included in commercial leases with food service tenants in order to outline the specific obligations associated with preparing, serving, or selling food on the leased premises.

Sample

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