Welcome to the page providing our customizable Commercial Lease Agreement Template for Indiana. If you’re a landlord or a tenant in Indiana engaging in a commercial property lease, this template is designed explicitly for you. It encompasses all standard leasing terms and conditions, ensuring your leasing arrangement adheres to Indiana laws. This easy-to-edit rental agreement serves as an essential legal document and outlines your commercial tenancy contract details accurately. Download, edit, and adapt it to fit your specific needs today.
COMMERCIAL LEASE AGREEMENT
THIS LEASE AGREEMENT (“Lease”) is made and entered into this __ day of ____, 20__ (the “Effective Date”) by and between ____ (hereinafter “Landlord”), and ____ (hereinafter “Tenant”).
____ (the “Premises”) located and legally described as ____. The premises will be used for ____ purposes. The Landlord represents that the Premises are in good working order and condition and that the Landlord has complied with all laws, rules, and regulations concerning the Premises.
This Lease shall commence on ____, and shall continue until ____. The Lease may be extended for additional periods of time on the same terms and conditions as in this Lease, with the exception of any changes agreed upon by the parties.
Tenant shall pay to Landlord the sum of ____ dollars per month. The first month’s rent is required to be paid before Tenant move into the Premises.
4. SECURITY DEPOSIT
Upon execution of this Lease, Tenant will deposit with Landlord the sum of ____ as security for Tenant’s faithful performance of its obligations under this Lease.
5. MAINTENANCE AND REPAIR
Tenant will keep the Premises in clean, sanitary, and good condition. If Tenant does not maintain the Premises, Landlord may do so and in such case, Tenant will reimburse Landlord for the costs thereof upon demand.
It is the Tenant’s responsibility to maintain adequate insurance coverage on its personal property located on the Premises.
Tenant will indemnify and hold Landlord harmless from all losses, damages, liabilities, and expenses which may arise out of Tenant’s use of the Premises.
If Tenant fails to comply with any of the material provisions of this Lease or of any present rules and regulations governing the Premises, Landlord may terminate this Lease upon providing proper notice to Tenant.
9. GOVERNING LAW
This Lease shall be governed by and construed in accordance with the laws of the State of Indiana.
10. ENTIRE AGREEMENT
This Lease contains the complete agreement between Landlord and Tenant and cannot be changed except by written agreement.
Please note that this is a sample commercial lease agreement and may not cover all legal requirements for your specific situation. It is recommended to seek legal advice before entering into any contract or agreement.
In addition to this Commercial Lease Agreement Template Indiana, it’s crucial to familiarize yourself with other important legal documents. For instance, Contract for Deed Template Indiana is a needed resource when you’re buying property through installment payments.
If you’re seeking to rent property, don’t miss out on the Contract for Rental Property Indiana. It outlines the expectations and responsibilities of both the landlord and tenant and can help avoid potential disputes.
Contract for Sale of Real Estate in Indiana is a must-have for buyers and sellers alike. This document outlines all terms and conditions of the property sale.
Looking to rent out a room? Make sure to use the Room Rental Agreement Template Indiana to ensure both roommates are on the same page about shared responsibilities.
Lastly, when you need to define the terms of a tenant’s temporary use of a property, check out the very useful Occupancy Agreement Template Indiana. This will ensure that both parties understand the expectations during the tenant’s stay.