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Washington Commercial Lease Agreement Form


Washington Commercial Lease Agreement Form
Washington Commercial Lease Agreement Form
LEASE AGREEMENT
(Multi-Tenant Form
)
© Copyright 1999
Commercial Brokers Association
All Rights Reserved
CBA Form MT-
LS
Multi-Tenant Lease Agreement
Rev. 12/99
Page 1 of
2
THIS LEASE AGREEMENT (the “Lease”) is entered into this day of , Between
(“Landlord”), and (“Tenant”).
Landlord and Tenant agree as follows:
1. LEASE SUMMARY.
a. Leased Premises. The leased commercial real estate (the “Premises”) consist of an agreed
area of rentable square feet and are outlined on the floor plan attached as Exhibit A, located
on the land legally described on attached Exhibit B, and is commonly known as (suite number
and address). The Premises do not include, and Landlord reserves, the exterior walls and roof of the
Premises, the land beneath the Premises, the pipes and ducts, conduits, wires, fixtures, and
equipment above the suspended ceiling or structural elements of the building in which the Premises
are located (the “Building”). The Building, the land upon which it is situated, all other improvements
located on such land, and all common areas appurtenant to the Building are referred to as the
“Property.”
b. Lease Commencement Date. The Lease shall commence on , , or such earlier or
later date as provided in Section 3 (the “Commencement Date”).
c. Lease Termination Date. The Lease shall terminate at midnight on, , or such
earlier or later date as provided in Section 3 (the “Termination Date”).
d. Base Rent. The base monthly rent shall be (check one): $ , or according to the
Rent Rider attached hereto. Rent shall be payable at Landlord’s address shown in Section 1(h)
below, or such other place designated in writing by Landlord.
e. Prepaid Rent. Upon execution of this Lease, Tenant shall deliver to Landlord the sum of $
as prepaid rent, to be applied to the Rent due for the month(s) of the Lease.
f. Security Deposit. The amount of the security deposit is $ .
g. Permitted Use. The Premises shall be used only for and for no other purpose without the
prior written consent of Landlord.
h. Notice and Payment Addresses:
Landlord: Fax No.:
Tenant: Fax No.:
i. Tenant’s Pro Rata Share. Landlord and Tenant agree that Tenant’s Pro Rata Share is %,
based on the ratio of the agreed rentable area of the Premises to the agreed rentable area of the
Building and all other buildings on the Property as of the date of this Lease.
2. PREMISES. Landlord leases to Tenant, and Tenant leases from Landlord the Premises upon the
terms specified in this Lease.
3. TERM.
a. Commencement Date. The Lease shall commence on the date specified in Section 1(b), or on
such earlier or later date as may be specified by written notice delivered by Landlord to Tenant
advising Tenant that the Premises are ready for possession and specifying the Commencement
Date, which shall not be less than days (30 if not filled in) following the date of such notice. If
Tenant occupies the Premises before the Commencement Date specified in Section 1(b), then the
Commencement Date shall be the date of occupancy. If Landlord acts diligently to make the
Premises available to Tenant, neither Landlord nor any agent or employee of Landlord shall be liable
for any damage or loss due to Landlord’s inability or failure to deliver possession of the Premises to
Tenant as provided in this Lease. The Termination Date shall be modified upon any change in the
Commencement Date so that the length of the Lease term is not changed. If Landlord does not
deliver possession of the Premises to Tenant within days (60 if not filled in) after the date
Washington Commercial Lease Agreement Form
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