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North Carolina Commercial Lease Agreement Sample


North Carolina Commercial Lease Agreement Sample
North Carolina Commercial Lease Agreement Sample
Page 1 of 12
North Carolina Association of REALTORS®, Inc.
Tenant Initials ______ _______ Landlord Initials ______ ______
STANDARD FORM 592-T
Revised 7/2013
© 7/2013
COMMERCIAL LEASE AGREEMENT
(Single Tenant Facility)
(Note: This form is not intended to be used as a Sublease and SHOULD NOT be used in Sublease circumstances)
THIS LEASE AGREEMENT, including any and all addenda attached hereto (“Lease”), is by and between
___________________________________________________________________________________________________________,
a(n) ___________________________________________(“Landlord”),
(individual or State of formation and type of entity)
whose address is _________________________________________________________________________________________, and
_______________________________________________________________________________________________________, a(n)
__________________________________________________________________________________________________(“Tenant”).
(individual or State of formation and type of entity)
whose address is _____________________________________________________________________________________________
If this box is checked, the obligations of Tenant under this Lease are secured by the guaranty of
_____________________________________________________________ (name(s) of guarantor(s)) attached hereto and
incorporated herein by reference. (Note: Any guaranty should be prepared by an attorney at law.)
For and in consideration of the mutual promises set forth herein and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto agree as follows:
PREMISES
1. Landlord leases unto Tenant, and Tenant hereby leases and takes upon the terms and conditions which hereinafter appear, the
following described property, including any improvements located thereon (hereinafter called the “Premises”), to wit:
(Address): ___________________________________________________________________________________________________
___________________________________________________________________________________________________
All A portion of the property in Deed Reference: Book _________, Page No.________, __________________ County;
consisting of approximately _______________ acres.
Plat Reference: Lot(s) ____________________, Block or Section _________________, as shown on Plat Book or Slide
_______________ at Page(s) _______________, __________________ County, consisting of _______________ acres.
If this box is checked, Premises shall mean that property described on Exhibit A attached hereto and incorporated herewith by
reference.
(For information purposes only, the tax parcel number of the Premises is: _______________________________________________)
TERM
2. The term of this Lease shall commence on ___________________, 20____ (“Lease Commencement Date”), and shall end at
11:59pm (based upon the time at the locale of the Premises) on _____________________, 20____, unless sooner terminated as herein
provided. The first Lease Year Anniversary shall be the date twelve (12) calendar months after the first day of the first full month
immediately following the Lease Commencement Date and successive Lease Year Anniversaries shall be the date twelve (12)
calendar months from the previous Lease Year Anniversary.
If this box is checked, Tenant shall have the option of renewing this Lease, upon written notice given to Landlord at least
days prior to the end of the then expiring term of this Lease, for additional term(s) of years each.
North Carolina Commercial Lease Agreement Sample
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