Retail Space Lease Contract
Retail Space Lease Contract
_______________________
(hereafter “Lessor”) and ___________________________ (hereafter “Lessee”)
hereby enter into a lease agreement under the following terms:
Lessor shall
convey to Lessee use of the premises at:
____________________________________________________________________________
The term of
this lease shall be from {MM/DD/YYYY}
until {MM/DD/YYYY} at midnight on
each date. The Lessee will retain a renewal option until {#} days before the termination date.
The Lessee is
obligated to pay Lessor a total of {$XX}
for the rights conveyed under this lease. The amount will be paid in monthly
installments in the amount of {$XX}
per month. If the amount is not paid within {#} days, a late fee of {$XX}
will occur.
The Lessee
shall put down a security deposit in the amount of {$XX}, which will be distributed for damages and repairs as
required by law.
The Lessee
shall have full possession of the premises on the first day of the lease, and
shall extend the right of occupation to employees, agents and clients within
the common areas.
The rental of
the premises is intended solely for the purpose of running a retail business
for the exchange of goods and services. Any other purpose for the premises
requires the Lessor’s written consent.
The Lessee
shall have the right to erect any signs or advertising displays at the Lessee’s
expense.
The Lessee
shall not store explosive/flammable/toxic chemicals or materials on the
premises. Neither shall the Lessee use forklifts, tow trucks or mechanically
powered equipment for freight handling on the premises.
The Lessee
shall have access to {#} parking
spaces adjacent to the premises for the sole purpose of customer parking for
the additional price of {$XX} per
month. The Lessee shall be in charge of regulation and towing agreements in
maintaining the parking lot.
The Lessor
will pay for insurance with the following conditions: {Conditions}, while the Lessee will pay for insurance with the
following conditions: {Conditions}
The Lessee
shall be responsible for cleaning, waste disposal, utilities, repairs,
maintenance and the following taxes: {Taxes}
The Lessor
shall be responsible for maintenance, repairs, and the following taxes: {Taxes}
The Lessee/Lessor
shall have the right to terminate the lease with a {#} day notice under the following conditions: {Conditions}
Upon
expiration or termination of this lease, Lessee shall return the property to
Lessor in substantially the same condition in which the property was received
by Lessee.
In witness to
their agreement to the terms of this contract, the parties affix their
signatures below:
____________________________________ _________________________________
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Address_____________________________ Address___________________________
City, state, ZIP________________________ City, state, ZIP _____________________
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