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New York Office Lease Agreement Form

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New York Office Lease Agreement Form
New York Office Lease Agreement Form
Office Lease
Consult your lawyer before signing this lease
Landlord and Tenant agree to lease the Office in the Premises at the rent and for the term stated:
Date of Lease:
Lease Term:
Commencement Date:
Termination Date:
Annual Rent: $
Monthly Rent: $
Security Deposit: $
1. Use and Occupancy
Tenant shall only occupy and use the office no. referenced
above (the “Office”) for
2. Inability to Give Possession
The failure of Landlord to give Tenant possession of the
Office on the Commencement Date shall not create liability for
Landlord. In the event that possession of the Office is not
delivered on the Commencement Date due to the holdover of a
tenant, or, if a newly constructed building, a final or temporary
certificate of occupancy has not been obtained, or for any other
reason which is not due to Landlord’s acts or negligence, the
validity of this Lease shall not be affected. Monthly Rent
hereunder shall begin on the date that possession of the Office is
delivered to Tenant and shall be prorated for that portion of the
month in which possession is delivered. The Termination Date
shall in no event be extended if delivery of possession is
delayed. If, with Landlord’s permission and consent, Tenant is
to occupy the Office or another office space prior to the
Commencement Date, Tenant’s occupancy is subject to all the
terms, conditions and provisions of this Lease except for the
payment of Rent and Additional Rent. The intent of this
Paragraph is to constitute “…an express provision to the
contrary…” contained in New York Real Property Law Section
3. Rent
A. Tenant shall pay Monthly Rent in full on the first day of
each month of the Lease. Monthly Rent shall be paid in
advance with no notice being required from Landlord. Tenant
shall not deduct any sums from the Monthly Rent unless
Landlord consents thereto in writing.
Upon signing this Lease, Tenant shall pay Landlord the first
Monthly Rent due and the Security Deposit. The entire amount
of rent due for the Lease Term is due upon signing this Lease;
however, Landlord consents to the Tenant paying same in
monthly installments provided there exists no defaults by
Tenant under the terms of this Lease.
B. Additional Rent may include, but is not limited to any
additional insurance premiums and/or expenses paid by
Landlord which are chargeable to Tenant as stated hereinafter.
Additional Rent is due and payable with the Monthly Rent for
the next month after Tenant receives notice from Landlord that
Additional Rent is due and payable.
4. Condition of Unit
Tenant acknowledges that Tenant is accepting the Office in its
“as is” condition. Tenant further acknowledges that Tenant has
thoroughly inspected the Office and has found the Office to be
in good order.
5. Security
Tenant has deposited with the Landlord the Security Deposit
to insure Tenant’s compliance with all of the terms, provisions
and conditions of this Lease. If Tenant is in default under any
of the terms, conditions and provisions of this Lease, Landlord
may apply the Security Deposit, in whole or in part, to any sums
Tenant owes Landlord, (including Rent and Additional Rent),
that Landlord expended or may have to expend due to Tenant’s
default, including but not limited to damages or insufficiency of
rent in re-renting the Office. Within ten (10) days of the
Termination Date, provided Tenant has vacated the Office and
is not in default under any of the terms, conditions and
provisions of this Lease and the physical condition of the Office
is acceptable to Landlord upon surrender, the Security Deposit
will be returned to Tenant at an address Tenant provides to
6. Services
Provided Tenant is not in default of any of the terms,
conditions and provisions of this Lease, Landlord shall provide:
(a) elevator services on business days from to
, and at all other times, provide one (1) elevator on
call; (b) water for ordinary bathroom purposes, however, if
Tenant uses water for any other purpose or in high quantities
(which decision is in Landlord’s sole judgment), a water meter
may be installed by Landlord at Tenant’s cost and expense, the
maintenance and repair of which shall be exclusively that of
Tenant, and all charges for water consumption as shown by said
meter shall be promptly paid by Tenant; (c) heat to the Office,
on business days, as required by law; (d) if Landlord provides
air conditioning, such air conditioning will be provided, on
business days from to ,
from to
of each year and if Tenant requires air conditioning for other
days and for other hours, Landlord will provide Tenant with
same at Tenant’s sole cost at the rates as per the rider attached
(the “Services”). Tenant shall pay for Tenant’s use of electricity
in the Office directly with the utility company. Landlord
reserves the right to interrupt the providing of the Services and
other utilities, when Landlord deems it necessary for repairs,
alterations, replacements or improvements to such Services or
other utilities, the decision for such interruption and the length
of such interruption shall be solely Landlord’s.
7. Alterations
Absent Landlord’s written consent, Tenant may make no
alterations to the Office. With Landlord’s written consent,
Tenant, at Tenant’s sole cost and expense, may make
alterations, installations and improvements (the “Alterations”) to
the Office provided they are non-structural in nature, which do
not effect the Services, utilities or other operations or services of
the Premises and which are done by contractors and sub-
contractors approved by Landlord in every instance. Before
making Alterations, Tenant shall obtain all permits, approvals,
certificates required by any and all municipal authorities or
other agencies having jurisdiction of the Premises and the
New York Office Lease Agreement Form