Docstoc Legal Agreements
This Commercial Lease Agreement is used by individuals to lease the premises with Use,
Subletting, Damage, Alteration and Termination Clauses that will protect the best interests
of the landlord. It is used by either landlords or tenants to save money and secure the best
terms and conditions for the lease. This document is intended to allow the landlord to set
the price, length, security deposit, and other terms of a commercial lease. This document
is ideal for entities or other individuals located in Massachusetts who want to enter into a
standard commercial lease agreement.
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COMMERCIAL LEASE AGREEMENT
THIS COMMERCIAL LEASE AGREEMENT (hereinafter referred to as the “Agreement”)
made and entered into this ____ [Month] ____ [Date], 20____ [Year], by and between
____________________________ [Instruction: Insert the name of Lessor or manager (if
applicable)] (hereinafter referred to as the “Lessor”) and ____________________________
[Instruction: Insert the name of Lessee] (hereinafter referred to as the “Lessee”).
WHEREAS, the Lessor wishes to Lease the premises (defined below) to the Lessee; and the
Lessee wishes to Lease those premises from the Lessor;
NOW, THEREFORE, in consideration for the mutual promises, covenants, and agreements
made below, the parties, intending to be legally bound, agree as follows:
1. Definitions:
For purposes of this Agreement, the following terms will have the indicated definitions:
a. “Agreement” This Agreement is by and between the Lessor and the Lessee.
b. “Premises” The offices situated in the city of __________ [Insert the City], state of
___________ [Insert the State], described as __________________________ [Insert
the address of the Premises], and having an area of approximately
_____________________ [Insert the square footage) rentable square feet, particularly
describe in Exhibit A.
2. Term and Rent:
The Lessor leases the above Premises,
Commencing on : ____ [Month] ____ [Date], 20____ [Year]
Terminating on : ____ [Month] ____ [Date], 20____ [Year]
Both parties agree that this is in no way a month-to-month Lease. The Lessee shall pay to the
Lessor as rent for the Premises, without demand, deduction, or rights of off-set, the following
sums: equal monthly installments of ________ ($___) [Instruction: Insert the amount, e.g.,
twenty thousand dollars ($20,000)], payable in advance on the __________ [fourth (◊
4th)] day of each month. If that day falls on a weekend or legal holiday, the rent is due on the
next business day. Rent shall be paid by personal check, money order, or cashier’s check
only, to _________________________ [Instruction: Insert the name of the Lessor] at,
________________________________________, [Instruction: Insert the address of the
Lessor] or at such other place as the Lessor shall designate from time to time.
3. Late Charge/Bad Checks:
If rental payments are not received by the date due, a collection charge of ________ ($___)
[Instructions: Insert the amount of late charge, e.g., fifty dollars ($50)] in addition to the
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monthly rent will immediately become due and payable. In addition, for each check not
honored by the Bank or Trust Company upon which it is drawn, a collection charge of
________ ($___) [Instructions: Insert the amount of bad checks charges, e.g., fifty
dollars ($50)] in addition to the monthly rent will become immediately due and payable.
4. Security / Damage Deposit:
The Lessee shall deposit with the Lessor the sum of one (1) month rent as a security deposit
to secure the Lessee's faithful performance of the terms of this lease. After all the Lessees
have vacated, leavin