Commercial Lease for Retail Store Agreement

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Commercial Lease for Retail Store Agreement Powered By Docstoc
					This document is an agreement between a landlord and a tenant to lease, for a
specified term, certain commercial premises for use as a retail store. This document
has many standard clauses but also provides customizable features including price,
term of the lease, parking options, and much more. This document is ideal for entities
or other individuals that want to lease commercial premises for use as a retail store.
                   COMMERCIAL LEASE AGREEMENT
                       FOR A RETAIL STORE
       This Commercial Lease Agreement (hereinafter “Agreement”) is made in duplicate as of
the ___ day of _________, ____ by and between ___________________________ (hereinafter
“Landlord”) and ___________________________ (hereinafter “Tenant”).

        WITNESS that, in consideration of the rents, covenants, and agreements hereinafter
reserved and contained on the part of Tenant, his/her heirs, executors, administrators, successors,
and assigns to be paid, observed, and performed, Landlord hereby leases unto Tenant, his/her
heirs, executors, administrators, successors, and assigns for use and occupation as commercial
premises to be used as a retail store and for no other purpose, all those certain premises known
municipally as ___________________ (hereinafter the “Premises”) upon the following terms
and conditions:

1.    To have and to hold the Premises for and during the term of __________ [AMOUNT IN
WORDS] (____) [AMOUNT IN NUMERALS] months/years [Instruction: CHOOSE ONE] to
be computed from and ending on the _____ day of _____________, _____ (hereinafter the
“Term”).

2.    Yielding and paying therefore unto Landlord during the Term the sum of
________________ [AMOUNT IN WORDS] dollars ($__________) [AMOUNT IN
NUMERALS] to be payable in equal consecutive monthly installments of ________________
[AMOUNT IN WORDS] dollars ($__________) [AMOUNT IN NUMERALS] each payable in
advance on the ______ day of each and every month during the said Term.

3.      Tenant covenants and agrees to deliver rental payments to Landlord by the due date. If
rental payments are not received by the due date, a collection charge of ________________
[AMOUNT IN WORDS] dollars ($__________) [AMOUNT IN NUMERALS] in addition to
the monthly rent will immediately become due and payable. For each check not honored by the
bank or other financial institution upon which it is drawn, a collection charge of
________________ [AMOUNT IN WORDS] dollars ($__________) [AMOUNT IN
NUMERALS], in addition to the monthly rent, will become immediately due and payable.

4.      Landlord and Tenant mutually covenant and agree that whenever, pursuant to this
Agreement, notice is required to be given by either Landlord or Tenant to the other, the same
shall be in writing and, except as otherwise provided, be deemed to be sufficiently given if
mailed postage prepaid and certified mail to Tenant at the Premises and to Landlord at the
following address: ______________________ [LANDLORD’S MAILING ADDRESS]. Notice
so given shall be deemed to have been received by the addressee on the _____ postal delivery
day following the date on which it is mailed.

5.      Tenant covenants and agrees to pay rent, maintain the Premises in an ordinary state of
cleanliness, and repair any damage caused to the Premises by his/her willful or negligent conduct
or that of persons permitted on the Premises by him/her. Tenant further covenants to leave the



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Premises in an ordinary state of cleanliness upon termination of this Lease in the same condition
as now exists, reasonable wear and tear excepted.

6.      Tenant covenants and agrees that it shall be his/her sole responsibility to pay for all ___,
________, ______, _______, and ________ [INSERT APPLICABLE UTILITIES] charges
required for the Premises and Tenant further covenants and agrees to hold Landlord harmless for
all accounts aforesaid including arrears and penalties thereon.

7.     Tenant covenants and agrees that he/she shall promptly notify Landlord of any repairs
required to be made by Landlord and, subject to provisions of applicable law, Landlord shall be
permitted to enter the Premises for purposes of viewing and making any such necessary repairs.
Landlord shall be permitted a reasonable time within which to make any such necessary repairs.

8.    Tenant covenants and agrees not to assign or sublet the lease established by this
Agreement.

9.     Landlord covenants with Tenant for quiet enjoyment.

10.    Tenant covenants and agrees that he/she will not, at any time during the Term, use, or
permit the use of the Premises for any business or for any purpose other than as his/her own
residential use and will not permit a nuisance to occur with respect to the use of the Premises.

11.     Tenant covenants and agrees that, in the event the Premises are abandoned or vacated by
Tenant, Landlord, in addition to all other rights provided pursuant to applicable law and all other
rights hereby reserved, shall have the right to enter the Premises as the agent of Tenant, either by
force or otherwise, without being liable for any prosecution therefore, and to re-let the Premises
as agent of Tenant and receive the rent thereon; PROVIDED that, if the rent hereunder is
overdue and the Premises are vacant, it shall be presumed that Tenant has vacated or abandoned
the Premises, and Landlord shall be entitled to take immediate possession thereof. Nothing in
this Agreement and no entry made by Landlord hereunder shall in any way release Tena
				
DOCUMENT INFO
Description: This document is an agreement between a landlord and a tenant to lease, for a specified term, certain commercial premises for use as a retail store. This document has many standard clauses but also provides customizable features including price, term of the lease, parking options, and much more. This document is ideal for entities or other individuals that want to lease commercial premises for use as a retail store.
Customize This Document Instantly download your personalized document Guided Fill-in-the-Blank Process
This document is also part of a package Commercial Lease Starter Kit 6 Documents Included