The Commercial Rental Agreement serves as the primary document governing the relationship between commercial property owners and their tenants in the United States. This agreement is essential when any business entity seeks to lease commercial space for retail, office, industrial, or other business purposes. It typically includes detailed provisions covering rent, term length, permitted use, maintenance responsibilities, insurance requirements, and other critical terms specific to commercial tenancies. The document must comply with applicable federal laws such as the Americans with Disabilities Act, as well as state-specific commercial leasing regulations and local ordinances.
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1. Parties: Identifies and defines the landlord and tenant with full legal names and addresses
2. Background: Establishes the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Premises: Detailed description of the rental property and included facilities
5. Term: Duration of the lease, including start and end dates
6. Rent: Payment terms, amounts, and schedule
7. Security Deposit: Amount, terms, and conditions for return
8. Use of Premises: Permitted uses and restrictions
9. Maintenance and Repairs: Responsibilities of both parties
10. Insurance: Required coverage and obligations
1. Utilities: Responsibility for utilities and services when not included in rent
2. Improvements and Alterations: Terms for modifications to the property when tenant modifications might be permitted
3. Common Areas: Rules and access to shared spaces in multi-tenant buildings
4. Signage: Rules for exterior and interior signage for retail or commercial spaces
5. Environmental Matters: Environmental compliance requirements for industrial or potentially hazardous uses
1. Floor Plan: Detailed plan of the leased premises
2. Building Rules and Regulations: Specific rules governing the use of the property
3. Maintenance Schedule: Details of maintenance responsibilities and schedules
4. Fit-out Specifications: Details of any agreed tenant improvements
5. Insurance Requirements: Detailed insurance specifications
6. Service Level Agreement: Details of any included services
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