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Commercial Industrial Lease Contract 2010
THIS LEASE is made as of _____________, _____, between
__________________________________________ (“Landlord”), with an address of
______________________________________________________________ (“Tenant”), with an address
of _______________________________________________________________, who hereby agree as
1. PREMISES. Subject to the covenants and conditions of this Lease, Landlord leases to Tenant,
and Tenant leases from Landlord, the premises (the “Premises”) commonly known and numbered as
__________________________________ in the City of ________________________________________,
County of ___________________________________, State of _________________________, and further
described as: __________________________________________________________________________
________________________________________________________ together with the right of ingress and
egress and the non-exclusive use of common areas, if any.
2. USE OF PREMISES. The Premises shall be used only as ________________________________
(collectively, the “Permitted Use”).
3. TERM. The Term of this Lease (the “Term”) is for _______ years and ______ months,
commencing on the ________________ day of ______________, and ending on the ___________ day of
4. RENT PAYMENTS. Tenant shall pay to Landlord $_________________ as rent in monthly
installment over the Term of this Lease. The first monthly rent installment of $____________ shall be due
____________________________________ and all subsequent monthly rent installments shall be due on
the first day of each succeeding month during the Term. The amount of each monthly rent installment shall
be as follows:
Each monthly installment is due payable in advance without notice or demand at Landlord’s above stated
address, or at any other place Landlord designates in writing.
5. SECURITY DEPOSIT. Concurrently with tenant’s signing of this Lease, Tenant shall deliver to Landlord
$__________ as security for the performance by Tenant of every covenant and condition of this Lease (the
“Security Deposit”). Said Security Deposit may be co-mingled with other funds of Landlord and shall bear no
interest. If Tenant shall default with respect to any covenant or condition of this Lease, including, but not
limited to the payment of rent, Landlord may apply the whole or any part of such Security Deposit to the
payment of any sum in default or any sum which Landlord may be required to spend by reason of Tenant’s
damage or default. If any portion of the Security Deposit is so applied, Tenant, upon demand by Landlord,
shall deposit cash with Landlord in an amount sufficient to restore the Security Deposit to its original amount.
Should Tenant comply with all of the covenants and conditions of this Lease, the Security Deposit or any
balance thereof shall be returned to Tenant promptly after expiration of the term thereof.
6. POSSESSION. Possession shall be on ______________, 20____Landlord shall use due diligence to
give possession as nearly as possible at the beginning of the Term. Rent shall abate pro rata for the period
of any delay in giving Tenant possession, but the Term shall not be extended as a result of such delay.
Tenant shall make no other claim against Landlord for delay in obtaining possession.
7. PROPERTY INSURANCE. Tenant shall comply with all insurance regulations so the lowest property
damage, including loss of rent and liability insurance rates may be obtained; and nothing shall be done or
kept in or on the Premises by Tenant which shall cause an increase in the premium for any such insurance
on the Premises or on any building of which the Premises are a part or on any improvements located
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