Commercial Lease Template: Term, Renewal, Maintenance, Utilities
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If you need to rent a property or building for business purposes, you’ll need to draft a commercial lease. This agreement outlines important aspects of the relationship between the lessor and tenant, such as repairs and maintenance, insurance, and deposits.
On ContractsCounsel, an online legal network connecting lawyers and clients, you can purchase a commercial lease template that’s drafted by a lawyer on the platform. It’s clear, comprehensive, and legal.
In this article, we feature important things to know about this commercial lease template, what’s included in it, how to fill it out, and why you should purchase it from ContractsCounsel.
What Does a Commercial Lease Template Contain?
This commercial lease template covers important aspects, such as the following:
Term and Rent
The template contains information about how many years the rental property can be used by the tenant, including start and end dates. It also includes the amount payable per month.
Option to Renew
This outlines the process for the tenant to renew the lease and how this influences the monthly rental amount. The tenant needs to give the owner a specific amount of days’ written notice, or this option will lapse.
Use
The tenant needs to specify why they are using the rental property, such as for running a hair salon. This prevents the space from being used for other reasons.
Maintenance
It’s the tenant’s responsibility to maintain the property and complete required repairs, but there are important exceptions both parties need to know about. For example, the lessor is responsible for the roof, structural foundation, and exterior walls.
Trade Fixtures
All equipment and trade fixtures on the property are the lessor’s property, so they can’t be removed by the tenant.
Utilities
Since the tenant is using the commercial property, they will be responsible for all utility services. Their name will be on all applications and connections for these services to be established.
Remedies on Default
Should the tenant default on rent payments, they will receive a notice to rectify it within a certain amount of days. If they do not fulfill this, the lessor has the right to terminate the lease. If they choose this option, the lessor has the right to claim unpaid rent and/or other compensation from the tenant.
How to Fill out a Commercial Lease Template
You can easily complete the commercial lease template in seven steps.
- Step 1: Insert the names and addresses of both parties. Step 2: Write the start and end dates for the lease agreement, its duration (in years), and the annual rental amount.
- Step 3: For lease renewal, specify for how many months this will take effect, the monthly rental amount, and how many days’ written notice should be given before the lease term expires. Step 4: Write a short description of what the commercial property will be used for.
- Step 5: Write the minimum insurance coverage the tenant will maintain.
- Step 6: Select the amount of days the tenant has to remedy any defaults, such as by paying late rent.
- Step 7: For the security deposit, insert the amount that will be paid by the tenant.
Why You Should Purchase a Commercial Lease Template from ContractsCounsel
ContractCounsel’s commercial lease template is clear, legally sound, and contains important terms to govern the working relationship between lessor and tenant.
Here are some benefits to purchasing it:
- It’s downloadable. You don’t have to wait to receive the lease template in the mail. After purchasing it from ContractsCounsel’s website, you’ll receive a link to download the template to your device.
- It’s editable. You can make changes to the template so that it suits your requirements.
- It’s drafted by a vetted lawyer. A professional, experienced lawyer has drafted the lease template so that it’s clear, fair, and legal.
- It can include a consultation. If you have any queries, you can consult with the lawyer who drafted the template.
Do you need a commercial lease template?
Go to ContractsCounsel commercial lease template page. Click ‘buy template.’ You’ll be directed to a payment page and receive a link to download the template.
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ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.
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Meet some of our Commercial Lease Template Lawyers
Patrick N.
Before attending law school, I had a prior career in business performance reporting. This experience differentiates me from other attorneys. I can readily read, interpret, and synthesize financial reporting. I also have a passion for legal research and writing.
Christina J.
Christina J.
I am a Texas Board Certified specialist in Labor and Employment Law (since 2002) with nearly three decades of experience across private practice, Big Law, in-house counsel, and national civil rights litigation. I currently own and manage Jump Start Legal Justice Center, where I lead nationwide litigation for nonprofit domestic entities, defending free speech and constitutional rights, litigating Title VI and Title VII claims for professors, and representing individuals in No Fly list and watchlist challenges. For nearly a decade, I served as Civil Litigation Department Head at the Constitutional Law Center for Muslims in America (now MLFA), managing a nationwide team of up to 12 attorneys, paralegals, and interns. My docket included religious freedom and religious discrimination cases for Muslim, Jewish, and Native American clients; birthright citizenship challenges; and inmate rights litigation for meal and prayer accommodations. My employment law background includes senior roles at Littler Mendelson, Jackson Walker, Akin Gump, and Jackson Lewis, as well as serving as the Texas state expert for Thomson Reuters Practical Law. I have counseled corporations on wage/hour compliance, non-compete agreements, FMLA, discrimination, retaliation, and workplace investigations. I have first-chaired federal court jury trials and handled appeals across the Second, Third, Fourth, Fifth, Sixth, Ninth, Tenth, Eleventh, and D.C. Circuits. I also hold a Mediation Certification from the University of Houston and have served as an Associate Hearing Officer for the City of Dallas. I am a multiple-year Texas Super Lawyer (through 2026), Fellow of the Texas Bar College, and Fellow of the American Bar Association. I draft and review employment agreements, severance agreements, non-compete agreements, employee handbooks, independent contractor agreements, and settlement agreements. I also advise on nonprofit compliance, religious accommodations, and constitutional claims. Bar admissions: Texas (1996), U.S. Supreme Court, multiple Circuit Courts of Appeal, and federal district courts in Texas, Arkansas, Colorado, and Illinois (General Bar and Trial Bar).
Cecilia O.
With 15 years of extensive transactional/contracts experience reviewing and negotiating commercial contracts including a wide variety of purchase orders and contracts and non-disclosure agreements (NDA), I believe I can immediately contribute to the continued success of your team. I have been commended for a range of valuable skills—excellent contract management and contract administration, legal research, risk analysis, drafting and negotiations, and strategic thinking. I have worked as a legal consultant for 10+ years and I have reviewed over 7,500 contracts through this position. Contracts I have reviewed include but not limited to purchase orders, commercial and construction contracts, equipment rental agreements, non-disclosure, confidentiality, vendor agreements, service agreements, site access agreements, international agreements, request for proposals (RFP), bids and government contracts. These experiences have enabled me to master the ability to work independently and expeditiously to identify and assess issues and provide legally sound recommendations, consistent with good business practices. I have led teams (sales, insurance and management) to successfully negotiate contract terms with customers. Effective Communicator and Negotiator. I am a people person, and for the past 13 years, I have acquired excellent oral and written communication skills that enable me to interact and negotiate effectively with stakeholders at all levels. I am a self-starter with a strong work ethic. I have a high degree of resourcefulness, diligence, and dependability. Most important, I adapt to changing priorities quickly, thriving in an environment with high volume and short turnaround deadlines. My experience over the years allows me to transfer my skills to all types of contracts to meet the client’s needs. I am hopeful to provide similar legal expertise, effective contract administration and leadership to your organization. It would be a pleasure to meet within the next few weeks and discuss how my qualifications, experience, and capabilities will best fit the needs of your outfit.
"Cecilia was great to work with. She had knowledge on our project and I would not hesitate to work with her again."
William B.
Attorney based in Southern California (for in-person matters), taking clients globally/remotely for CA-specific and Federal legals needs. Owner and operator of Alchemist Attorney, Inc. (www.alchemistattorney.com).
"William B helped address my specific situation in a professional and prompt manner."
Brad T.
William Bradley Thomas, or Brad, is a seasoned attorney in South Carolina, offering expert counsel to both emerging and established businesses and individuals. His specialties encompass alcohol licensure, asset protection, business law, Counsel on Call Concierge Legal Service™, estate planning, NFA firearms trusts, legal research, and document review. Brad’s unique approach is informed by his rich experience and diverse background. Not only is he a devoted father to three daughters (Anna, Kate, and Jessica), but he also served as the assistant Oconee County, South Carolina attorney. A pioneer in the local industry, he co-founded Carolina Bauernhaus Brewery & Winery, the state’s first farmhouse brewery and winery. His other roles have included membership in the South Carolina Bar Association’s House of Delegates, a board member of the South Carolina Brewers Guild, and an affiliate member of the same organization. Moreover, Brad is a certified Design for Six Sigma (DFSS) Green Belt and has accumulated over a decade’s worth of experience conducting onsite audits and financial analyses on domestic and international secured credit transactions, totaling over $5 Billion across diverse industries. With such a comprehensive skill set, Brad can provide sound legal and business advice that can help you manage and expand your business operations effectively. He can assist with selecting and establishing the most appropriate legal entity for your company, securing and retaining federal and South Carolina alcohol licensure, securing company incentives, and drafting, reviewing, and negotiating favorable contracts. All these services are designed to minimize risk and maximize both earnings and tax savings. Brad also offers estate planning services. Recognizing that life’s ups and downs can sometimes distract from ensuring that your loved ones are well taken care of, Brad applies the same legal and business fundamentals to his estate planning practice. These services include the preparation of wills, NFA firearms trusts (gun trusts), power of attorneys, and advance directives. So when your day at the office is over, you can relax, knowing that your business is running smoothly and your family’s future is secure, thanks to a tailored estate plan. If you’re seeking a trusted ally to guide you in business and personal legal matters, contact Brad Thomas at bthomas@scattorneysatlaw.com or review his firms website at www.scattorneysatlaw.com and discover how he can help you confidently navigate and enjoy all aspects of your life!
"Brad was responsive, professional and very helpful. I would definitely recommend him."
Brad B.
Business attorney with over 15 years of experience serving companies big and small with contracting including business, real estate and employment.
July 26, 2023
Nicole W.
At Whalen Legal Group, PC, we strive to ensure that our clients are provided with the highest quality legal representation. Our team is committed to providing you with personalized and effective legal advice. We specialize in Business Law, Estate Planning and Trust, and Real Estate Law and have years of experience in these fields.Our goal is to provide our clients with the best possible service and to ensure that their legal matters are handled with compassion, integrity, and transparency. We understand that every situation is different and we take the time to listen and understand each and every one of our clients’ needs.
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"Tom was amazing and patient. He explained everything and was incredibly fast. Thank you and would use his services again."
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"Zachary was prompt, clear, and helpful in reviewing our commercial lease agreement and providing redlines. Would be happy to work with him again."
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"Awesome, on time and great communication. I will definitely use you again. Thank you."
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"Will did a great job of reviewing our commercial lease and explaining the legal implications in a clear way. We hope to work with him again in the future."
Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.
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Commercial lease review for a physical therapy clinic in Chapel Hill, NC
Location: North Carolina
Turnaround: A week
Service: Contract Review
Doc Type: Commercial Lease
Page Count: 15
Number of Bids: 5
Bid Range: $450 - $650
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