This Lease Agreement (“Lease”) is entered by and between _________________
(“Landlord”) and _________________ (“Tenant”) on _________________. Landlord and
Tenant may collectively be referred to as the “Parties.”
The Parties agree as follows:
PREMISES: Landlord hereby leases the [check one]
- garage estimated to be _________________ square feet (SF).
- parking area located at _________________ (the “Premises”) to Tenant.
LEASE TERM: The lease will start on _________________ (begin date) and will end on
_________________ (end date) (Lease Term).
LEASE PAYMENTS: Tenant agrees to pay to Landlord as rent for the Premises the
amount of $_________________ (“Rent”) each month in advance on the first day of each
month at: __________________________________ (address for rent payment) or at any
other address designated by Landlord. If the Lease Term does not start on the first day
of the month or end on the last day of a month, the rent will be prorated accordingly.
LATE CHARGES: If any amount under Lease is more than _____ days late, Tenant
agrees to pay a late fee of $________.
INSUFFICIENT FUNDS: Tenant agrees to pay the charge of $_____ for each check given
by Tenant to Landlord that is returned to Landlord for lack of sufficient funds.
SECURITY DEPOSIT: [Check the provision that applies.]
- There is no security deposit.
- Tenant shall deposit with Landlord, in trust, a security deposit of $__________
as security for the performance by Tenant of the terms under this Lease and for
any damages caused by Tenant, Tenant’s family, agents and visitors to the
Premises during the term of this Lease. Landlord may use part or all of the security
deposit to repair any damage to the Premises caused by Tenant, Tenant’s family,
agents and visitors to the Premises. However, Landlord is not just limited to the
security deposit amount and Tenant remains liable for any balance. Tenant shall
not apply or deduct any portion of any security deposit from the last or any month's
rent. Tenant shall not use or apply any such security deposit at any time in lieu of
payment of rent. If Tenant breaches any terms or conditions of this Lease, Tenant
shall forfeit any deposit, as permitted by law.
KEYS: Tenant will be given ____ door(s)/opening devices to the Premises. Tenant shall
be charged $_______ if all keys/opening devices are not returned to Landlord following
termination of the Lease.
DEFAULTS: If Tenant fails to perform or fulfill any obligation under this Lease, Tenant
shall be in default of this Lease. Subject to any statute, ordinance or law to the contrary,
Tenant shall have seven (7) days from the date of notice of default by Landlord to cure
the default. In the event Tenant does not cure a default, Landlord may at Landlord’s option
(a) cure such default and the cost of such action may be added to Tenant’s financial
obligations under this lease; or (b) declare Tenant in default of the Lease. In the event of
default, Landlord may also, as permitted by law, re-enter the Premises and re-take
possession of the Premises. Landlord may, at its option, hold Tenant liable for any
difference between the rent that would have been payable under this Lease during the
balance of the unexpired term, if this Lease had continued in force and any rent paid by
any successive Tenant if the Premises are re-let. In the event Landlord is unable to re-let
the Premises during any remaining term of this Lease, after default by Tenant, Landlord
may at its option hold Tenant liable for the balance of the unpaid rent under this Lease if
this Lease had continued in force. The failure of Tenants or their guests or invitees to
comply with any term of this Lease is grounds for termination of the tenancy, with
appropriate notice to Tenants and procedures as required by law.
possession of the Premises on the first day of the Lease Term. At the expiration of the
Lease, Tenant shall peaceably surrender the Premises to Landlord or Landlord’s agent
in good condition, as it was at the commencement of the Lease, reasonable wear and
tear expected.
USE OF PREMISES: Tenant shall only use the Premises exclusively for:
ASSIGNMENT AND SUBLEASE: Tenant shall not assign or sublease any interest in this
Lease without prior written consent of the Landlord.
DANGEROUS MATERIALS: Tenant shall not keep or have on or around the Premises
any item of a dangerous, flammable or explosive nature that might unreasonably increase
the risk of fire or explosion on or around the Premises or that might be considered
hazardous by any responsible insurance company.
ALTERATIONS AND IMPROVEMENTS: Tenant agrees not to make any improvements
or alterations to the Premises without prior written consent of the Landlord. If any
alterations, improvements or changes are made to or built on or around the Premises,
with the exception of fixtures and personal property that can be removed without damage
to the Premises, they shall become the property of Landlord and shall remain at the
expiration of the Lease, unless otherwise agreed in writing.
MAINTENANCE AND REPAIR: Tenant will, at Tenant's sole expense, keep and maintain
the Premises in good, clean and sanitary condition and repair during the term of this
Lease and any renewal thereof.
SECURITY AND RESPONSIBILITY FOR LOSS: Tenant understands that Landlord does
not provide any security alarm system or other security for the Premises. Tenant’s vehicle
or other possessions will occupy the parking space entirely at the risk of the Tenant.
Tenant releases Landlord from any loss, damage, claim or injury resulting from any
SEVERABILITY: If any part or parts of this Lease shall be held unenforceable for any
reason, the remainder of this Lease shall continue in full force and effect. If any provision
of this Lease is deemed invalid or unenforceable by any court of competent jurisdiction,
and if limiting such provision would make the provision valid, then such provision shall be
deemed to be construed as so limited.
BINDING EFFECT: The covenants and conditions contained in the Lease shall apply to
and bind the parties and the heirs, legal representatives, successors and permitted
assignees of the parties.
GOVERNING LAW: This Lease shall be governed by and construed in accordance with
the laws of the State of _________________.
ENTIRE AGREEMENT: This Lease constitutes the entire agreement between the Parties
and supersedes any prior understanding or representation of any kind preceding the date
of this Lease. There are no other promises, conditions, understandings or other
agreements, whether oral or written, relating to the subject matter of this Lease. This
Lease may be modified in writing and must be signed by both Landlord and Tenant.
NOTICE: Any notice required or otherwise given pursuant to this Lease shall be in writing
and mailed certified return receipt requested, postage prepaid, or delivered by overnight
delivery service to the following addresses:
If to Tenant: If to Landlord:
________________________________ ________________________________
________________________________ ________________________________
________________________________ ________________________________
CUMULATIVE RIGHTS: Landlord’s and Tenant’s rights under this Lease are cumulative,
and shall not be construed as exclusive of each other unless otherwise required by law.
WAIVER: The failure of either party to enforce any provisions of this Lease shall not be
deemed a waiver or limitation of that party's right to subsequently enforce and compel
strict compliance with every provision of this Lease. The acceptance of rent by Landlord
does not waive Landlord’s right to enforce any provisions of this Lease.
ADDITIONAL PROVISIONS (Specify “none” if there are no additional provisions)
IN WITNESS WHEREOF, the parties have caused this Lease to be executed the day and
year first above written.
________________________________ ________________________________
________________________________ ________________________________
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