Lease TERM: This lease begins at the draft [DATE COMMENCEMENT] (the «Start Date») and, unless terminated prematurely or renewed under this commercial lease, it ends with [ENDING DATE] (end date). ☐ landlord grants the tenant the non-exclusive right to use, like all other tenants or occupants of the property, the common area of the property. The term «common space» refers to all surfaces and improvements to the property that are not rented or leased to tenants. The Common Area is subject to the exclusive control and management of the lessor at all times, and the lessor has from time to time the right to change the sizes, locations, shapes and arrangements of the common space; Limit parking by tenants and other tenants to designated areas to do and carry out such other acts in and in the common space and to adopt, modify and enforce these rules and requirements, as the lessor deems appropriate at his sole discretion. The owner must maintain the common area in good condition and reasonably free of dirt. 18. Damage or destruction. If the leased property is severely damaged or destroyed by fire or other victims, each party has the right to terminate the lease after the accident if the owner finds that the leased property or building cannot be fully repaired within 30 days of the start of the restoration. If you are a small contractor who needs office space, or the owner of a building who wants to rent units in your building, this document is necessary to clarify everyone`s commitments and clarify expectations.
When negotiating this type of agreement, the landlord and tenant should clarify all the concerns they have about the use of the space and what is necessary for the business. It`s the same scenario for an office building. The property is the entire office building (or office park), and the denied premises is one of the office suites that is rented. The landlord rents the premises to the tenant for a minimum shovel period, starting at $8, payable every 2/12/2018 of each month. The best way to deal with a potential tenant is to understand their needs and reach an agreement. Therefore, it may be a good idea for you and your agents (if any) to be creative with the tenant to make a deal that works for both parties.