LEASE AGREEMENT (general)
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At a Glance
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.
✅ Free Checklist: Acting for the Lessee • ✅ Free Checklist: Acting for the Lessor • 📘 Free Legal Drafting Booklet
A Lease Agreement is essential for defining the legal and financial relationship between landlords and business tenants. Unlike residential leases, commercial leases often involve complex terms, longer durations, and unique provisions related to business operations, making legal precision critical.
With our professionally drafted Commercial Lease Agreement template, legal professionals can:
- Ensure compliance with commercial tenancy laws
- Protect landlords from potential disputes or financial losses
- Clearly define tenant obligations, including permitted business activities and property use
- Establish long-term lease security for both parties
- Reduce risks associated with maintenance, insurance, and liability
INCLUDES
- 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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