Key description
- 2. Commercial Lease Agreement: A commercial agreement is formed when a startup takes up a commercial premise or space for operating its businesses. It is signed between the property owner and the startups on a rental basis. this template can be used internationally in any regulation
Language
Categories
Industries
Covered clausesClauses
1. DESCRIPTION OF PREMISES
2. GRANT OF LEASE
3. LEASE TERM
4. EXTENSIONS
5. DETERMINATION OF RENT
6. USE OF PROPERTY BY TENANT
7. RESTRICTIONS ON USE
8. WASTE, NUISANCE, OR UNLAWFUL ACTIVITY
9. DELAY IN DELIVERING POSSESSION
10. SECURITY DEPOSIT
11. TAXES
12. IMPROVEMENTS BY TENANTS
13. UTILITIES
14. OBLIGATIONS FOR REPAIRS
15. TENANT'S COVENANTS
16. INDEMNITY BY TENANT
17. SIGNAGE
18. INSURANCE
19. DAMAGE TO DEMISED PREMISES
20. CONDEMNATION
21. LANDLORD’S REMEDIES
22. LANDLORD'S SELF HELP
23. TENANT'S SELF HELP
24. TITLE
25. EXTENSIONS/WAIVERS/DISPUTES
26. PROPERTY DAMAGE
27. ASSIGNMENT AND SUBLETTING
28. FIXTURES
29. OPTION TO RENEW
30. ESTOPPEL CERTIFICATES
31. INVALIDITY OF PARTICULAR PROVISION
32. CAPTIONS AND DEFINITIONS OF PARTIES
33. RELATIONSHIP OF THE PARTIES
34. BROKERAGE
35. ENTIRE AGREEMENT
36. GOVERNING LAW
37. LITIGATION
38. CONTRACTUAL PROCEDURES
39. EXTRAORDINARY REMEDIES
40. RELIANCE ON FINANCIAL STATEMENT
EXHIBIT "A" LEGAL DESCRIPTION
EXHIBIT "B" TENANT PLANS AND SPECIFICATIONS
