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Arizona Commercial Lease Agreement Form


Arizona Commercial Lease Agreement Form
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(DO NOT USE THIS FORM FOR MULTI-TENANT BUILDINGS)
1. Basic Provisions ("Basic Provisions").
1.1 Parties: This Lease ("Lease"), dated for reference purposes only, __________________________________________________, is made
By and between ________________________________________________________________________________________________________ . ("Lessor")
and __________________________________________________________________________________________________________________("Lessee"),
(collectively the "Parties," or individually a "Party").
1.2 Premises: That certain real property, including all improvements therein or to be provided by Lessor under the terms of this Lease, and
commonly known as ________________________________________________________________________________________________________________,
located in the County of ___________________________, State of _____________________________________________________, and generally described as
(describe briefly the nature of the property and, if applicable, the "Project", if the property is located within a Project)
__________________________________________________________________________________________________________________________________
___________________________________________________________________________________________________("Premises"). (See also Paragraph 2)
1.3 Term: ______________years and _____________ months ("Original Term") commencing _____________________________________
("Commencement Date") and ending ___________________________________________________________ ("Expiration Date"). (See also Paragraph 3)
1.4 Early Possession: _______________________________________________________________________________ ("Early Possession Date")
(See also Paragraphs 3.2 and 3.3).
1.5 Base Rent: $ _____________ per month ("Base Rent"), payable on the _____________________________________________________ day of
each month commencing ___________________________________________________________________________________________(See also Paragraph 4)
[ ] If this box is checked, there are provisions in this Lease for the Base Rent to be adjusted.
1.6 Base Rent and Other Monies Paid Upon Execution:
(check applicable boxes)
[ ] Base Rent: $_________________________________ for the period ______________________________________________
[ ] Security Deposit: $___________________________ ("Security Deposit"). (See also Paragraph 5)
[ ] Association Fees: $___________________________ for the period ______________________________________________
[ ] Other: $_____________________________________ for _______________________________________________________
[ ] Total Due Upon Execution of this Lease: $____________________________________________________.
1.7 Agreed Use: ___________________________________________________________________________________________________________
________________________________________________________________________________________________________________(See also Paragraph 6)
1.8 Insuring Party: Lessor is the "Insuring Party" unless otherwise stated herein. (See also Paragraph 8)
1.9 Real Estate Brokers: (See also Paragraph 15)
(a) Representation: The following real estate brokers (the "Brokers") and brokerage relationships exist in this transaction:
(check applicable boxes)
[ ] _________________________________________________________________represents Lessor exclusively ("Lessor's Broker(s)");
[ ]______________________________________________________________represents Lessee exclusively ("Lessee's Broker(s)"); or
[ ]_________________________________________________________________represents both Lessor and Lessee ("Dual Agency").
(b) Payment to Brokers: Upon execution and delivery of this Lease by both Parties, Lessor shall pay to the Broker the fee agreed to in their
separate written agreement (or if there is no such agreement, the sum of _______________ or ____________% of the total Base Rent) for the brokerage services
rendered by the Brokers.
1.10 Guarantor. The obligations of the Lessee under this Lease are to be guaranteed by__________________________________________________
______________________________________________________________________________________________("Guarantor(s)"). (See also Paragraph 37)
1.11 Attachments. Attached hereto are the following, all of which constitute a part of this Lease:
[ ] an Addendum consisting of Paragraphs _____________ through ______________;
[ ] a plot plan depicting the Premises;
[ ] a current set of the Rules and Regulations;
[ ] a Work Letter;
[ ] other (specify): ___________________________________________________________________________________________________
Arizona Commercial Lease Agreement Form
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