1. PARTIESThis Lease Agreement (“Lease”) is entered into on this [day] day of [month], 2023, by and between [Landlord’s full legal name] (“Landlord”), and [Tenant’s full legal name], (“Tenant”).
2. PREMISESThe premises leased is located at [full address], Nevada, together with any personal property located thereon (the “Premises”). The Landlord has the authority to lease the Premises and hereby leases the Premises to the Tenant.
3. TERMThe initial term of this Lease shall begin on [start date], and shall terminate on [end date]. Thereafter, the Lease shall continue on a month-to-month basis unless and until the Landlord or the Tenant terminate this Lease with written notice.
4. RENTThe Tenant shall pay to the Landlord, the monthly rent of [rent amount] on the 1st day of each calendar month.
5. SECURITY DEPOSITUpon execution of this Lease, Tenant will deposit with Landlord the sum of [security deposit amount] as security for Tenant’s faithful performance of its obligations under this Lease.
6. MAINTENANCE AND REPAIRTenant will keep the Premises in clean, sanitary, and good condition. If any damage to the Premises caused by Tenant or its guests, Tenant will notify Landlord, and Landlord will arrange for repair or replacement as soon as reasonably possible.
7. INSURANCETenant will maintain a policy of liability insurance with minimum liability occurrences in the amount of [insurance amount].
8. DEFAULTIf 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. ASSIGNMENT AND SUBLETTINGTenant shall not sublet any part of the Premises or assign this Lease without Landlord’s prior, written consent.
10. GOVERNING LAWThis Lease shall be governed by and construed in accordance with the laws of the State of Nevada.
11. ENTIRE AGREEMENTThis Lease contains the complete agreement between Landlord and Tenant and cannot be changed except by written agreement.
12. ADDITIONAL NEVADA PROVISIONSIn accordance with NRS 118A.200, if the property is managed by a property management company, the name and address of the property management company shall be [property management company].
Landlord:[Landlord’s Full Legal Name]
Tenant:[Tenant’s Full Legal Name]
If you’re looking to conduct business in the Silver State, then a Commercial Lease Agreement Template Nevada is an essential document.
This template clearly outlines the terms and conditions for leasing a commercial space, making it easier for both the landlord and tenant to understand their responsibilities.
But what if you’re a property owner who’s selling rather than leasing? Or perhaps you’re a tenant seeking residential rather than commercial property? We’ve got you covered too. Check out these related templates:
- Whether you’re buying or selling property, you’ll need this handy Contract for Sale of Real Estate in Nevada.
- If you’re a homeowner looking to sell your property directly to a buyer, here’s a Contract for Deed Template Nevada.
- Renting out your residential property? Secure your interests with this Contract for Rental Property Nevada.
- If you are renting out rooms in your house, this Room Rental Agreement Template Nevada will be most useful.
- Landlords and tenants alike should consider this Occupancy Agreement Template Nevada to clarify the terms and conditions of occupancy.