Commercial Lease Agreement

Commercial Lease Agreement includes a general purpose leasing agreement contract. Suitable for most commercial properties.A Commercial Lease Agreement between a landlord and a business outlining terms and conditions of property rental. A Commercial Lease Agreement is specific to renters using the property for business or other commercial purposes versus residential use.

The Commercial Lease Agreement Includes:-

• DEFINITIONS AND INTERPRETATION
•    Definitions
•    Interpretation
•    RENT AND OUTGOINGS 
•    Rent Payment
•    Rent Review
•    Statement of Outgoings
•    Outgoings paid by Lessee
•    GST
•    Method of Payment
•    ABATEMENT   
•    Notice to Rebuild
•    Notice to Terminate
•    Termination following Failure to Rebuild
•    Continued Occupation during Rebuilding
•    Abatement of Rent
•    No Requirement to Rebuild
•    Disputes
•    RESUMPTION AND EASEMENTS 
•    Resumption
•    Easements
•   USE OF PREMISES 
•   Permitted Use
•   No Noxious Use
•   Use of Accessories
•   Drains and Wastes
•   Services to the premises
•  Walls
•  Public Address System
•  Cleaning
•  Garbage and rubbish
•   Rubbish Removal
•  Overloading of Floors
•  Machinery
•  Electrical Equipment
•  Fire safety
•  Light and Air
•  Animals
•  Special Services
•  Fittings and Fixtures
•  Window Displays
•  Glass and Signs
•  Locks, Doors and Windows
•  Light Bulbs, Tubes and Illuminated Signs
•  Painting of Interior
•  Notices from Public Authorities
•  Pest Control
•  Diseases
•  Notice of Defects
•  Exterior Signs
•  Auctions
•  Pick Up and Delivery
•  Lessee Not to Cause Rent Reductions
•  Lessee Not to Prejudice Superior Estate
•  Smoking
•  ASSIGNMENT   
•  Consent to assignment
•  MAINTENANCE, REPAIR, ALTERATIONS, ETC.
•  Maintenance and repair
•  Repairs at end of term
•  Alterations
•  Partitioning
•  Lessor May Enter to Repair
•  Default in Repairing
•  Lessor’s Rights to repair and maintain
•  Notice of Alterations or refurbishment
•  Liens created by Lessee
•  Environmental Clauses
•  Environmental obligations of the Lessee
•  Lessee to co-operate with Lessor’s Environmental Initiatives
•  AIR CONDITIONING, FIRE EQUIPMENT, LIFTS AND ESCALATORS     
•  Repair and Use
•  Interference with Equipment
•  Faulty Equipment
•  Access to Contractors
•  Lessee to Comply with Regulations
•  Air Conditioning After Hours
•  Operating Hours of Building
•  ELECTRICITY AND OTHER SERVICES     
•  Lessee to arrange services
•  Lessee to pay for metered services directly
•  Failure of services
•  OPTION TO RENEW   
•  Exercise of Option to Renew
•  Purchaser of the premises
•  INSURANCE REQUIREMENTS     
•  Lessee to Effect Insurance
•  Insurance by Sub-Lessees
•  General Insurance Provisions
•  Heating and Energy
•  Insurance Not to be Avoided
•  Fire Safety Regulations
•  Additional or increased Premiums
•  Lessor is the Attorney of the Lessee
•  INDEMNITIES     
•  Occupancy at Risk of Lessee
•  Uninsured loss
•  Indemnities
•  No merger
•  ATTORNEY
•  Lessor to be attorney of the lessee
•  QUIET ENJOYMENT AND HOLDING OVER
•  Quiet Enjoyment
•  Holding Over
•  DEFAULT AND TERMINATION 
•  Re-entry and Surrender of lease
•  Essential Terms
•  Payment of Rent after Default
•  Lessor’s right to Remedy Defaults
•  Interest on overdue amounts
•  Yielding Up Possession
•  Lessee’s Fixtures
•  Lessee’s Fixtures Not Removed
•  Payment of Rent upon Default
•  COMMON AREAS
•  Access to Common Areas
•  Use of Common Areas
•  Exclusion of persons from the building
•  Maintenance of Common Areas
•  Rules and Regulations
•  Control of Common Areas
•  Kiosks
•  MISCELLANEOUS       
•  Warranties
•  Waiver
•  Notices
•  Non-Merger
•  Moratorium
•  Consents
•  Covenants and assignees or successors in title
•  Transfer to be complete
•  Costs
•  ‘For Lease’ Notices
•  Demolition
• 18.12. 46
•  GUARANTORS       
•  Guarantee and Indemnity
•  Liability of Guarantor
•  Continuing Guarantee and Indemnity
•  BANK GUARANTEE     
•  Deposit
•  Increase in Deposit
•  Appropriation of Deposit
•  Assignment of Deposit
•  EXECUTION AND REGISTRATION
•  Execution
•  MORTGAGEE CONSENT   
•  Mortgagee’s Consent
•  TRUSTS
•  Lessee’s Trust
•  Capacity of Trustee