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Commercial Lease 

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Commercial Lease Agreementcommercial 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

 
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