Commercial Lease Agreement

COMMERCIAL LEASE AGREEMENT

This Lease is made on [DATE] between [LANDLORD] and [TENANT] for the commercial space at [ADDRESS] ("Premises").

1. TERM & RENT. [36]-month term beginning [DATE]. Base rent: $[AMOUNT]/month, with [annual] increases of [3]%.

2. PERMITTED USE. The Premises may be used for [permitted use] and no other purpose without Landlord's written consent.

3. CAM CHARGES. Tenant pays its pro-rata share of Common Area Maintenance, defined and capped at [%] annual increase. Capital improvements are amortized separately, not charged in full.

4. SECURITY DEPOSIT. $[AMOUNT].

5. PERSONAL GUARANTEE. [If required] Guarantor personally guarantees obligations, capped at [X months] of rent.

6. ASSIGNMENT & SUBLETTING. Permitted with Landlord's consent, not to be unreasonably withheld.

7. MAINTENANCE. Landlord maintains the structure and common areas; Tenant maintains the interior of the Premises.

8. INSURANCE. Tenant carries [commercial general liability] insurance of $[AMOUNT] and names Landlord as additional insured.

9. DEFAULT & REMEDIES. Standard notice-and-cure provisions apply.

10. GOVERNING LAW. [STATE].

LANDLORD: ____________________  DATE: __________
TENANT: ______________________  DATE: __________

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