You’re free to download, modify and utilize this comprehensive template for your physician office rent agreements and more!
1. Parties InvolvedThis Medical Office Lease Agreement (“Agreement”) is made on this ________ day of ________________, 20_______ between [Landlord’s Full Legal Name], having its principal place of business at [Landlord’s Full Address] (hereinafter referred to as the “Landlord”), and [Tenant’s Full Legal Name], having its principal office at [Tenant’s Full Address] (hereinafter referred to as the “Tenant”).
2. PremisesThe Landlord hereby leases to the Tenant and the Tenant hereby rents from the Landlord the premises located at [Property’s Full Address], being approximately [Total Square Feet] square feet (the “Premises”). The Premises will be used for the purpose of operating a medical practice.
3. Lease TermThe lease term will commence on [Start Date] and will continue until [End Date], unless otherwise terminated in accordance with the provisions of this Agreement (the “Term”).
4. RentThe Tenant agrees to pay the Landlord rent for the Premises in the amount of [Rent Amount] per month, payable on the first day of each calendar month.
5. Security DepositUpon execution of this Agreement, Tenant will deposit with Landlord the sum of [Security Deposit Amount] as security for Tenant’s faithful performance of its obligations under this Agreement.
6. Use of PremisesThe Premises shall be used and occupied by Tenant exclusively as a medical office. The Tenant will comply with all laws, rules, ordinances and regulations related to the use and occupancy of the Premises.
7. Maintenance and RepairsThe Tenant shall, at its sole cost and expense, keep the Premises and its fixtures and equipment in good and sanitary condition and repair.
8. InsuranceThe Tenant will maintain at its own expense a policy of comprehensive liability insurance with respect to the Premises and its use and operation.
9. Compliance with LawsTenant will comply with all federal, state, and local laws, ordinances, rules, and regulations related to the use and occupancy of the Premises.
10. DefaultIn the event of any default by the Tenant, the Landlord may terminate this Agreement upon providing written notice to the Tenant.
11. Governing LawThis Agreement shall be governed by and construed in accordance with the laws of the state of [Governing State].
12. Entire AgreementThis Agreement contains the entire agreement between the parties and supersedes any prior understandings, agreements or representations by or between the parties, written or oral.
SignaturesLandlord: ___________________________ Date: ________________ Tenant: ___________________________ Date: ________________
Other Useful ContractsIf you found the Medical office lease agreement template useful, you might also be interested in other related templates. For instance, if you’re planning to expand your healthcare business by opening a dental clinic, the Dental clinic lease agreement template would be equally helpful. This template will serve as a solid foundation in creating a lease agreement that favors both the landlord and tenant.
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Furthermore, if you’re considering subleasing part of your medical office space, the Commercial sublease agreement template is an excellent place to start crafting an agreement that protects your interests and is fair to the sub-tenant. This template is comprehensive and flexible, enabling you to tailor it to your specific needs.
Lastly, if you’re in the process of purchasing additional real estate for expansion or diversification, you may find the Commercial real estate purchase agreement template beneficial. This template can guide you through the process of crafting a thorough and legal agreement that will facilitate a smooth transaction for both parties involved. Remember, these templates are designed to serve as starting points and should be customized to suit individual circumstances.