Free Commercial Lease Agreement Template 20Free Commercial Lease Agreement Template 20Free Commercial Lease Agreement Template 20
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Commercial Lease Agreement
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This LEASE AGREEMENT (hereinafter referred to as the “Lease”) is by and
between________(“Landlord”), and _________ (“Tenant”).
PREMISES AND POSSESSION. The Landlord hereby leases to the Tenant and
the Tenant hereby takes from the Landlord, for the Term and upon the conditions
hereinafter provided, the Premises consisting of __________(“Premises”).
TERM. This lease shall begin on the ___ day of ___(month)__ , __(year)_____
, and end on the last day of ___(month)__ , __(year)____ ,unless sooner terminated as
provided herein, subject to the terms and conditions set forth below. This shall be
known as the Initial Term. The Tenant shall have two successive options to extend the
Term of this Lease by providing written notice to Landlord at least one hundred eighty
(180) days in advance of the last day of the Term that would expire, but for the notice
of the exercise of this option. Each option is for the right to extend the Term by five