GENERAL LEASE AGREEMENT
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LEASE (GENERAL, COMMERCIAL)
Commercial & Retail Lease Agreement includes Lease (Commercial, General) which is a general commercial lease that can be adapted to most uses. Suitable for most general commercial properties.
Understanding a Commercial Lease. … A lease is a legally binding contract that gives you certain rights to a property for a set term. A commercial lease is used when leasing property used primarily for a business. You should never sign a lease without understanding all of its terms and conditions.
GENERAL COMMERCIAL LEASE AGREEMENT
- 1. Retail Commercial Lease: wherever goods or services are being sold to the public from the premises, and;
- 2. Non-Retail Commercial Lease: wherever the premises will not be used to sell goods or services to the public, but will still be used for business purposes (e.g. offices, warehouses).
Our Lease (Commercial, General) is 54 pages long and includes:-
- Part 1 Definintion & Interpretation
- Part 2 Rent and Outgoing
- Part 3 Abatement
- Part 4 Resumption & Easements
- Part 5 Use of Premises
- Part 6 Assignment
- Part 7 Maintenance, Repart, Alteration
- Part 8 Environmental Clauses
- Part 9 Airconditions, Fire equipments, Lifts and Escalators
- Part 10 Electricity and other services
- Part 11 Option to Renew
- Part 12 Insurance Requirements
- Part 13 Indemnities
- Part 14 Attorney
- Part 15 Quiet Enjoyment & Holding Over
- Part 16 Default and Termination
- Part 17 Common Areas
- Part 18 Miscellaneous
- Part 19 Guarantors
- Part 20 Bank Guarantee
- Part 21 Execution and Registration
- Part 22 Mortgage Consent
- Part 23 Trusts
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