Welcome to our Commercial Lease Agreement Template Louisiana page. Here you’ll find a Louisiana-specific commercial lease agreement template, designed to streamline the process of leasing rental property for both landlords and tenants. This is a highly adaptable, legal document that can be customized for any real estate transaction. Perfect for those who are engaging in a business lease agreement within the state of Louisiana.
Feel free to download, edit, and adapt this template contract according to your specific needs and circumstances. Your journey towards securing your ideal commercial property starts here!
1. Parties
This Lease Agreement (“Lease”) made and entered into this [Date] by and between [Landlord’s Full Legal Name], whose address is [Landlord’s Legal Address] (hereinafter referred to as “Landlord”), and [Tenant’s Full Legal Name], whose address is [Tenant’s Legal Address] (hereinafter referred to as “Tenant”).
2. Premises
Subject to the terms and conditions in this Lease, Landlord rents to Tenant and Tenant rents from Landlord, the premises located at [Full Address of Rental Property]. Together with any personal property located thereon (the “Property”). The Property will be used for [Describe the Purpose].
3. Term
The initial term of this Lease will begin on [Start Date], and will terminate on [End Date]. Thereafter the Lease will continue on a month-to-month basis until either Landlord or Tenant terminate this Lease with written notice.
4. Rent
Tenant agrees to pay [Amount in Words ($X,XXX)] per month, due on the 1st day of each calendar month.
5. Security Deposit
Upon execution of this Lease, Tenant will deposit with Landlord the sum of [Amount in Words ($X,XXX)] as security for any damage caused to the Property during the term of this Lease.
6. Repairs and Maintenance
Tenant will keep the Property in clean, sanitary and good condition. If any damages occur, Tenant will notify Landlord promptly and bear the cost of all needed repairs.
7. Insurance
Tenant will maintain appropriate insurance for the Property and its contents. Landlord will not be liable for any loss of Tenant’s property.
8. Default
If 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 proper notice to Tenant.
9. Governing Law
This Lease shall be governed by and construed in accordance with the laws of the state of Louisiana.
10. Entire Agreement
This Lease contains the complete agreement between Landlord and Tenant and cannot be changed except by written agreement.
11. Louisiana Specific Provisions
In compliance with Louisiana Revised Statute 9:3251, Landlord and Tenant agree that any and all disputes arising out of or relating to this Lease shall be resolved in a court of competent jurisdiction within the State of Louisiana.
By signing below, the parties agree to the terms and conditions of this Lease and acknowledge receipt of a copy of this Lease.
__________________________ ____________
[Landlord’s Full Legal Name] [Date]
__________________________ ____________
[Tenant’s Full Legal Name] [Date]
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Whether you’re planning to lease a commercial space or execute a deed, the Commercial Lease Agreement Template Louisiana can be a valuable complement to the Contract for Deed Template Louisiana, providing comprehensive and legally sound frameworks.
If you’re delving into property rental or real estate sale transactions, coupling the Commercial Lease Agreement with the Contract for Rental Property Louisiana and Contract for Sale of Real Estate in Louisiana will ensure everything is covered.
In situations involving room rentals or property occupancy, this commercial lease agreement template pairs perfectly with the Room Rental Agreement Template Louisiana and Occupancy Agreement Template Louisiana, offering comprehensive legal protection for all parties involved.