Rental Lease Template

By | June 15, 2011

A rental lease template is a document which directs the exact construction of a rental lease. It makes sure of the provision of rent besides the other mandatory payments to be made for a transaction. It is an extremely important text which is necessary not only for the substantiation of the lease but also for further avoidance of any conflicting situation among the parties.

 

Sample Commercial Lease Template

This rental lease grants that the parties involved have accepted the stated terms and conditions. They must testify that they will make all necessary attempts to ensure   successful operation of the contract. The information and details presented in the contract have to be true and any proof verified against them will authenticate stringent actions. The bare essentials of the contract are as follows:

Name and address of lesser: __________________________ [Mention the relevant details]

Name and address of the lessee: ___________________________ [Mention the relevant details]

Date of initiation of the lease: _____________________________ [Provide the concerned date]

Description of the property concerned:

  • Name/Company: __________________________
  • Location: ________________________
  • Area: ___________________________
  • Current price: ____________________ [Attach duly attested documents]

Date of commencement of lease: _______________________ [dd/mm/yy]

Date of expiry of lease: _____________________ [dd/mm/yy]

Reason behind leasing: ___________________________ [State the purpose behind drawing up the lease]. It should be noted that if practical use of the property is not in sync with the theoretical purpose, the lease shall stand cancelled.

Names and addresses of the witnesses:

  • Witness 1: ___________________________
  • Witness 2: ___________________________

Signature of lesser: _______________________

Signature of lessee: ______________________

 

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Rental Contracts


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