How To Draft A Commercial Lease Agreement

The lessor makes available to the tenancy a part of the building designated as [suite or other number of leased buildings] (the „leased buildings“). Gross rent – The tenant only pays the monthly amount written in his tenancy agreement. The owner pays property taxes, insurance and support on the land. The tenant has the right, without the landlord`s consent, to transfer this rent to a company with which the tenant can merge or consolidate, to a subsidiary of the tenant, to a company under common control with the tenant or to a buyer for the bulk of the entire rental property. Except as noted above, the tenant cannot sublet all or part of the renters or give up all or part of that tenancy without the consent of the lessor, this consent is not improperly withheld or delayed. This list does not contain everything that needs to be described in the commercial lease. Depending on the nature or the company, special arrangements can be made. ☐ are not included in the base rent. From the date of entry into force, the tenant agrees to pay the lessor`s share in the operating costs.

The customer`s initial monthly estimate for operating costs is – per month. For the purposes of this agreement, the tenant`s proportionate share of operating costs – the total cost of operating the capital – may not exceed a given month. The proportional share of the tenant is determined by the division of the number or laudable square meters in the premises denied by the total number of rentable square meters in the property rented or available for rent during the year. „Operating costs“ include the total cost and costs of administration, insurance, equipment, lighting, repair, maintenance and monitoring of real estate property, including the exterior spaces of real estate and common space, including, in particular, but not only expenses for or related to: insurance premiums and deductibles, management and accounting costs. , as well as an annual supplement of %%per year for the operating costs of a reserve fund for major repairs and renovations. At each basic monthly rent, the tenant must pay an estimate of the tenant`s share of the operating costs. These monthly estimates are based on actual operating costs from the previous year.