The template offers a comprehensive guide that can be downloaded, edited, and adapted according to individual needs, ensuring your agreement abides by Arizona’s specific property rental regulations.
Be it a storefront or an office space lease; having a clear, well-structured commercial lease agreement is crucial in protecting your interests. Let our template make it easy for you!
COMMERCIAL LEASE AGREEMENTTHIS LEASE AGREEMENT (“Lease”) is entered into this _______ day of ___________, 20_______, by and between ______________________ (“LANDLORD”), and __________________ (“TENANT”).
1. PREMISESLandlord leases to Tenant and Tenant rents from Landlord, the premises located at ______________________. The premises will be used for ______________________.
2. TERMThe initial term of this Lease will begin on ______________________, and will end on ______________________. Thereafter, the Lease will continue on a month-to-month basis until either Landlord or Tenant terminate this Lease with written notice.
3. RENTTenant agrees to pay Landlord as base rent the sum of ______________________ per month, due on the 1st day of each calendar month.
4. SECURITY DEPOSITUpon the due execution of this Lease, Tenant will deposit with Landlord the sum of ______________________ as security for Tenant’s faithful performance of Tenant’s obligations under this Lease.
5. USE OF PREMISESThe premises may be used for ______________________, and for no other purpose without the prior written consent of the Landlord.
6. REPAIR AND MAINTENANCETenant will keep the premises in good repair. Landlord will be responsible for all structural repairs to the premises.
7. INSURANCETenant will maintain a comprehensive general liability insurance policy insuring Landlord against liability for injury to persons, damage to property, and business interruption loss.
8. COMPLIANCE WITH LAWThe tenant will comply with all laws, rules, and regulations of all governmental authorities. In Arizona, this includes specific regulations pertaining to commercial real estate, such as zoning laws, environmental laws, and health and safety codes.
9. DEFAULTIf Tenant fails to comply with any of the material provisions of this Lease, or of any present rules and regulations, Landlord may terminate this Lease upon providing appropriate notice to Tenant.
10. NOTICESAny notice required or permitted under this Lease or under state law shall be deemed sufficiently given or served if sent by certified mail, return receipt requested, addressed as follows: Landlord: ______________________, Tenant: ______________________.
11. QUIET ENJOYMENTTenant will conduct his/her business and control his/her agents, employees, invitees and visitors in such manner as not to create any nuisance, or interfere with, annoy or disturb any other tenant.
12. INDEMNIFICATIONTenant will indemnify and hold Landlord harmless from all claims of any nature arising from any injury or damage to any person or property in or about the premises.
13. ENTIRE AGREEMENTThis Lease contains the entire agreement between Landlord and Tenant and cannot be changed except by written agreement.
14. GOVERNING LAWThis Lease is governed by and construed in accordance with the laws of the state of Arizona.
Date: ______________________ — Please note: This is a basic commercial lease agreement template and may not cover all legal requirements for your specific situation. It is always a good idea to consult with a qualified attorney before entering into a legal agreement.
For those looking to establish a straightforward and legally binding agreement, consider the Contract for Deed Template Arizona. This can be used to secure property purchase transactions, in conjunction with the Contract for Sale of Real Estate in Arizona.
For leasing agreements related to commercial properties, the Commercial Lease Agreement Template Arizona is an ideal resource. This could be especially useful for those interested in the Contract for Rental Property Arizona.
If you are subleasing a room or part of your property, you can utilize the Room Rental Agreement Template Arizona. This links directly to the more general Occupancy Agreement Template Arizona, which covers all aspects of occupancy rules and regulations.