Texas Sample Basic Commercial Lease Agreement

State:
Multi-State
Control #:
US-0784-WG
Format:
Word; 
Rich Text
Instant download

Description

This commercial lease form is a detailed written agreement for the rental by a tenant of commercial property owned by the landlord. Commercial property differs from residential property in that the property's primary or only use is commercial (business oriented), rather than serving as a residence. Commercial leases are often more complex than residential leases, have longer lease terms, and may provide for the rental price to be tied to the tenant business's profitability or other factors, rather than a uniform monthly payment (though this is also quite ordinary in commercial leases).
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  • Preview Sample Basic Commercial Lease Agreement
  • Preview Sample Basic Commercial Lease Agreement
  • Preview Sample Basic Commercial Lease Agreement
  • Preview Sample Basic Commercial Lease Agreement
  • Preview Sample Basic Commercial Lease Agreement
  • Preview Sample Basic Commercial Lease Agreement
  • Preview Sample Basic Commercial Lease Agreement
  • Preview Sample Basic Commercial Lease Agreement

How to fill out Sample Basic Commercial Lease Agreement?

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FAQ

Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.

What should I include in a lease agreement?Terms. The lease should state the length of the agreement.Rent. The amount of rent and when it is due.Deposits and fees.The names of all tenants.Occupancy limits.Restrictions on disruptive activity.Pets.Maintenance and repairs.More items...

Main Parts of a Lease AgreementNames of tenants. Include the first and last name of all tenants who will be residing in the premises.Lease Term. What is the length of time that the lease is valid?Payment of Rent.Deposits.Fees, Fines, Charges.Responsibilities.Access to Premises.Use.More items...

No, a commercial lease does not need to be notarized in Texas to be a legally valid document.

Both parties shared an assumption, fundamental to the contract, which was wrong at the point in time the contract was entered into; the wrong assumption would cause the contract to be radically different from that which the parties believed to be the case at the point in time it was entered into; and.

However, it is usually the tenant who covers the cost regarding the lease document and requests the terms. Having said that, both parties should have legal representation and the particularities of the contract can be negotiated by their legal teams.

A written lease agreement must contain:The names and addresses of both parties;The description of the property;The rental amount and reasonable escalation;The frequency of rental payments, i.e. monthly;The amount of the deposit;The lease period;The notice period for termination of contract;More items...

Here are 10 key financial commercial lease clauses that you should keep a close eye on throughout your lease term.Rent And Default.Rent Increase Steps/Percentages.Profit-Sharing Or Revenue-Based Rent.Options.Operating Expenses.Rent Incentives And Reimbursements.Janitorial Services.Electricity.More items...?

The short answer is No a witness does not need to sign But, there are some exceptions and things to consider. Most agreements do not need witnesses to sign them. Most agreements do not even need to be signed by the parties entering into the agreement. Most agreements do not even need to be in writing.

Section 92.001 of the Texas Property Code defines a lease as any written or oral agreement between a landlord and tenant that establishes or modifies the terms, conditions, rules, or other provisions regarding the use and occupancy of a dwelling. This means that a spoken agreement is as valid as a written document

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Texas Sample Basic Commercial Lease Agreement