COMMERCIAL LEASE AGREEMENT
This Lease Agreement (“Agreement”) is entered into by and between the “Landlord” and the “Tenant” on [Date].
1. PREMISES. Landlord hereby rents to Tenant, and Tenant hereby rents from Landlord, the premises located at [Address] (the “Premises”).
2. TERM. The lease term will commence on [Start Date] and will continue for a period of [Length of Lease] unless otherwise terminated as provided by law or by this Agreement.
3. RENT. Monthly rent shall be $[Amount], payable on the 1st day of each month.
4. SECURITY DEPOSIT. Tenant agrees to pay a security deposit of $[Amount] to be refunded upon satisfactory return of the premises at the end of the Lease term.
5. USE OF PREMISES. The premises are to be used only for [Description of Business Activity].
6. MAINTENANCE AND REPAIRS. Tenant shall keep the premises in good condition and shall report any damage to Landlord.
7. GOVERNING LAW. This Agreement shall be governed by the laws of the state of [State].
8. ENTIRE AGREEMENT. This Agreement contains the entire agreement between the parties and supersedes any other agreements or understandings, oral or written, regarding the premises.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective Date.
Landlord’s Full Name: ______________ Date: __________
Tenant’s Full Name: ______________ Date: __________