Free Printable Tenant Agreement

I. Parties Involved
This Commercial Lease Agreement ("Agreement") is entered into as of August 21, 2050, by and between [Your Name], representing [Your Company Name] ("Landlord"), with a principal place of business located at [Your Company Address] ("Premises"), and John Doe ("Tenant"), whose address for notices is 123 Elm Street, Suite 456, Metropolis, NY 10001.
II. Lease Term
The term of this lease shall commence on October 1, 2050, and shall terminate on September 30, 2055, unless otherwise extended or terminated as provided herein.
III. Rent and Payment Terms
Base Rent: Tenant agrees to pay Landlord a monthly base rent of Five Thousand Dollars ($5,000), payable on the first day of each month.
Additional Rent: Tenant shall also be responsible for any applicable property taxes, utilities, and maintenance fees not included in the base rent.
Payment Method: All payments shall be made to [Your Company Name] at [Your Company Address] or to another location designated by the Landlord. Payments should be made by check, wire transfer, or any other method acceptable to Landlord.
IV. Use of Premises
Permitted Use: The Premises shall be used for retail operations and for no other purpose without the prior written consent of the Landlord.
Compliance: Tenant agrees to comply with all applicable laws, regulations, and zoning ordinances related to the use of the Premises.
V. Maintenance and Repairs
Landlord's Responsibilities: The Landlord shall be responsible for maintaining the structural integrity of the Premises, including the roof, exterior walls, and foundation.
Tenant's Responsibilities: Tenant shall maintain the interior of the Premises in good condition, including any fixtures, and shall be responsible for repairs due to Tenant’s use.
Notification: Tenant shall promptly notify Landlord of any needed repairs or maintenance issues.
VI. Insurance and Liability
Insurance Requirements: Tenant shall maintain comprehensive general liability insurance with a minimum coverage of One Million Dollars ($1,000,000) and shall name Landlord as an additional insured.
Liability: Tenant agrees to indemnify and hold Landlord harmless from any claims, damages, or liabilities arising from Tenant’s use of the Premises.
VII. Termination and Renewal
Termination: Either party may terminate this Agreement by providing ninety (90) days written notice to the other party.
Renewal Option: Tenant has the option to renew the lease for an additional term of five (5) years, subject to written notice to Landlord at least sixty (60) days prior to the expiration of the initial term.
VIII. Default and Remedies
Default: Failure to pay rent or perform any other obligation under this Agreement shall constitute a default.
Remedies: In the event of a default, the Landlord may pursue all legal remedies available, including eviction and recovery of damages.
IX. Miscellaneous
Entire Agreement: This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations and agreements.
Amendments: Any amendments to this Agreement must be made in writing and signed by both parties.
Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the state of New York.
Landlord: [Your Name]
Date: August 21, 2050
Tenant: John Doe
Date: August 21, 2050
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The Printable Tenant Agreement Template from Template.net offers a straightforward, customizable solution for landlords and tenants. This downloadable and editable template outlines rental terms, payment obligations, and property rules. It ensures clear communication and legal protection for both parties, making it an essential tool for effective property management and tenancy agreements.
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