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Industrial Lease Agreement

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industrial lease agreement 

Industrial Lease Agreement

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Summary: An industrial lease is often used as another name for "commercial lease" and is usually used to designate the fact that the commercial space to be leased is industrial in nature. This industrial lease formally documents the leasing arrangement terms and conditions, description of premises and its uses, rental payments, and much more; can be used for all of your industrial lease transactions and arranements.

 

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COMMERCIAL AND INDUSTRIAL LEASE AGREEMENT

THIS INDUSTRIAL LEASE is made as of (Day)(Month)(Year)____________,

Between ___________________(Lessor), and ______________________(Lessee), with an address of _____________________________________________________________________, who hereby agree as follows:

1. PREMISES. Subject to the covenants and conditions of this Lease. Lessor leases to Lessee, and Lessee leases from Lessor, the premises (the Premises) commonly known and numbered as__________________________________________________________________________________ in the City of _______________________, County of ____________________________________, State of __________________, and further described as:

____________________________________________________________________________________

____________________________________________________________________________________

together with the right of ingress and egress and the non-exclusive use of common areas, if any.

2. USE OF PREMISES. The Premises shall be used only ___________________________________

_____________________________________________________________________________________

__________________________________________________(collectively, the Permitted Use).

3. TERM. The term of this Lease (the Term) is for ____years and ___ months, commencing on the _____day of__________________________________, _________, and ending on the __________ day of _______________________, ___________.

4. RENT PAYMENTS. Lessee shall pay rent to Lessor $____________________________________  

____________________________________________________________________________________

as rent in monthly installments, each due and payable in advance without notice or demand at Lessors above stated address, or at any other place Lessor designates in writing. The first monthly rent installment of $_________________________ shall be paid

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