Commercial Office Lease

By | July 9, 2012

A commercial office lease refers to the leasing arrangement which is made between two or more parties. In this arrangement one of the parties involved takes out a lease for a commercial office space from the other party involved. The lease arrangement is subject to a terms and conditions which define the course of action in the period of the lease as well as after the lease expires. The document given below is a sample commercial office lease which records the details of the arrangement.

Sample Commercial Office Lease

The document prepared as on the 23rd June 2011, records a commercial office lease. This document states that Mr. James Thompson, the senior manager of the Clapton Realtors Pvt. Ltd. has leased a commercial office space to Mr. Jack Thorpe.

The office space in question is located at

234, Polly Street

Herington Building

Carlton Complex

Baltimore, United States of America

The office space consists of 6 major cabins, one kitchen area, 2 conference rooms and a hall.

Date of commencement of the lease: 25th June 2011

Date of expiry of the lease: 25th June 2014

Duration of the lease: 3 years

  • The amount to be paid for the lease issued has been decided and negotiated by the parties involved.
  • On the expiry of the lease, the lessee has the first right to be considered for the renewal of the lease i.e. it is only after the current lessee refuses a renewal, can the owner lease the property to someone else.
  • The lessee is responsible for the repairs of the said property in the course of the lease.
  • This lease has been recorded in a legal document, hence any violations by either of the parties involved is a legal offence and shall be dealt with accordingly.

__________________________ (Mr. James Thompson)

__________________________ (Mr. Jack Thorpe)

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