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Alabama Commercial Lease Agreement


Alabama Commercial Lease Agreement
Alabama Commercial Lease Agreement
The Birmingham Association of Realtors® is not engaged in rendering legal, accounting or other professional service. This form is published as a service to real estate professionals
and an explanation of its various provisions should be obtained from the appropriate professional. Because of varying state and local laws,
competent legal or other advice should be secured before using any form.
Commercial Lease - Page 1 of 9
Copyright © Birmingham Association of Realtors® 2008
1669553 v3
COMMERCIAL LEASE
Revised June 2008 (Previous forms obsolete)
This is a legally binding contract. Seek competent advice prior to execution.
STATE OF ALABAMA ____________________ COUNTY
T
his Commercial Lease (the “Lease”) is made this _______day of_____________________, 20________ between and among the following:
NAME OF LANDLORD: _____________________________________________________________________________________________
whose address is: ____________________________________________________________________________________________________
(hereinafter called “Landlord”),
and
NAME OF AGENT: _________________________________________________________________________________________________
whose address is: ____________________________________________________________________________________________________
as agent for Landlord (hereinafter called “Agent”),
and
NAME OF TENANT: ________________________________________________________________________________________________
whose address is: ____________________________________________________________________________________________________
(hereinafter called “Tenant”).
NOW THEREFORE, in consideration of the mutual covenants and agreements contained herein, and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
1. LEASED PREMISES
.
(a) Description
. Landlord does hereby demise and let unto Tenant the following described premises located in the City of
______________________________________, County of _______________, State of Alabama, to with:
DESCRIPTION OF THE LEASED PREMISES: __________________________________________________________________________
___________________________________________________________________________________________________________________
____________________________________________________________________________________ (the “Leased Premises”) subject to all
existing easements, if any, and the regulatory laws and ordinances of the political subdivision in which the Leased Premises is situated.
(b) Use
. The Leased Premises shall be used by Tenant as
________________________________________________________________________________________________________and for no
other or different use or purpose. Tenant shall not use or occupy the Leased Premises, or permit the Leased Premises to be used or occupied, in
violation of any ordinance, law or regulation of any governmental body, or in any manner which would vitiate or increase the premium charged
for insurance on the Leased Premises or the building in which it is located, if applicable.
2. TERM
. The Term of this Lease is for _____________________________ (the “Term”) beginning on the ______________ day of
_____________________________, 20_________ (“Commencement Date”) and ending on the ___________ day of
_____________________________, 20_________, unless sooner terminated pursuant to the terms and conditions provided for herein.
Alabama Commercial Lease Agreement
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