Lease
Agreement
This Lease Agreement
("Lease") is entered into on [Date], at________
Between
[Lessor's Name], with
an address of [Lessor's Address] ("Lessor"),
And
[Lessee's Name], with an address of [Lessee's
Address] ("Lessee").
Whereas the Lessor is
the owner in possession of the premises/Office Spaces bearing -----------
And whereas the Lessee
has approached the Lessor and desired to take the said demised premises on
Lease from the Lessor and the Lessor has agreed to grant a lease of the said
premises to the Lessee for a period______ for the purpose of----------,as such
the parties have agreed to enter into these presents on the terms and
conditions appearing hereinafter.
NOW,
THEREFORE, THIS LEASE DEED WITNESSETH AS FOLLOWS:-
1.
The lessor agrees to lease to lessee and
lessee agrees to lease from lessor, the premises located at [Address of the
premises] (the "Premises"). The Premises shall be used only for the
operation of a retail shop and for no other purpose.
2.
The term of this Lease shall commence on
[Start Date] and shall continue for a period of [Number of Years/Months],
unless earlier terminated as provided in this Lease.
3.
Lessee shall pay to Lessor a monthly
rent of [Rent Amount] (the "Rent"). Rent shall be due and payable in
advance on the [Day of the Month] of each month, commencing on [Start Date].
4.
Lessee shall deposit with Lessor the sum
of [Security Deposit Amount] (the "Security Deposit"), which shall be
held by Lessor as security for the faithful performance by Lessee of all of the
terms, covenants, and conditions of this Lease.
5.
Lessee shall be responsible for payment
of all utilities and services consumed on the Premises, including but not
limited to electricity, water, gas, and internet.
6. Lessee shall, at Lessee's expense, keep
and maintain the Premises and all improvements thereon in good and sanitary
condition and repair during the term of this Lease.
7.
Lessee shall use the Premises only for
the operation of a retail shop and for no other purpose without Lessor's prior
written consent.
8.
Lessee shall not assign this Lease or
sublet the Premises or any part thereof without Lessor's prior written consent,
which consent shall not be unreasonably withheld.
9.
Lessee shall indemnify, defend, and hold
harmless Lessor from and against any and all claims, damages, liabilities,
costs, and expenses arising out of or in connection with Lessee's use or
occupancy of the Premises.
10.
This Lease shall be governed by and
construed in accordance with the laws and regulations issued by the appropriate
authorities
11.
This Lease contains the entire agreement
between the parties and supersedes all prior and contemporaneous agreements and
understandings, whether oral or written.
12.
Lessee shall obtain and maintain during
the term of this Lease, at Lessee's expense, comprehensive general liability
insurance covering Lessee's use and occupancy of the Premises, with a minimum
coverage of [Specify Coverage Amount]. Lessee shall provide Lessor with a
certificate of insurance evidencing such coverage prior to taking possession of
the Premises.
13.
Lessee shall not make any alterations,
additions, or improvements to the Premises without Lessor's prior written
consent..
14.
Lessor and its agents shall have the
right to enter the Premises at reasonable times and upon reasonable notice to
inspect the same, make repairs, alterations, or additions to the Premises, or
show the Premises to prospective purchasers or lessees.
15.
If Lessee fails to pay Rent when due, or
breaches any other provision of this Lease, Lessor may, at Lessor's option,
terminate this Lease and/or pursue any other remedies available at law or in
equity.
16.
Upon the expiration or termination of
this Lease, Lessee shall surrender the Premises to Lessor in good condition.
17.
This Lease is subject and subordinate to
any ground lease, mortgage, or deed of trust now or hereafter affecting the
Premises.
18.
Any notice required or permitted to be
given under this Lease shall be in writing and shall be deemed to have been
given when personally delivered or three (3) days after being deposited in the
mail, postage prepaid, certified or registered mail, return receipt requested,
addressed to the party at the address specified in this Lease.
19.
If any provision of this Lease is held
to be invalid or unenforceable, the remaining provisions shall remain in full
force and effect.
20.
This Lease may be executed in
counterparts, each of which shall be deemed an original and all of which
together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the
parties hereto have executed this Lease as of the day and year first above
written.
WITNESS
FIRST PARTY
SECOND PARTY
