Business lease agreement is a legal contract between a property owner or manager and an individual or business entity for the occupation of office, industrial, or retail related space. Business lease agreement involves leasing a pre existing business as it is with all the equipment, real estate space etc. The business is leased from the owner and a monthly rent is paid to operate it. In addition to the pre existing equipment, the lease agreement may contain clauses about properly running the business, the right of the owner to inspect or advise, options to buy, rights to automatic extension, rights of refusal etc. This form should include the length of the lease called the lease term, rent, whether the rent includes insurance, property taxes and maintenance costs or whether these items will be charged separately, the security deposit etc. Once the agreement form has been authorized it is legally binding. The document should be signed in the presence of a notary public to protect each party. The business lease agreement form should be well drafted as it will lay a strong foundation upon which you can build your business.
Use the printable Business Lease Agreement template available online. Download it either in MS Word or PDF format. Both MS Word and PDF format can be edited and customized as per your needs.
Business Lease Agreement Form
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