Medical Space Lease Agreement

If this lease can be described as a gross lease, select the box next to the word “gross”. The tenant must initialize the line “Initials of the tenant” and the lessor the line “Initials of the owner”. Choose this option only if the rental amount reported in the fourth article is the only dollar amount that the tenant must pay to remain compliant with the terms of this agreement. The agreement between these two parties may require either party to pay for certain expenses deemed necessary for the rental of such premises. If yes, select the “Modified Raw” box. In addition, the tenant and landlord must initialize the empty lines called “tenant initials” or “lessor initials”. Two additional sections of this selection need information. List any additional expenses of the tenant on the first sentence of empty lines (in the statement “In addition to the base rent…” »). If the landlord has to pay the fee for maintaining this agreement, please list them in the second row of empty lines. This expenditure may extend to distribution undertakings (e.g. B electricity), services (e.g. B waste management) or insurance. Please note that only expenses authorized by law are allowed.

If it is a “triple net (NNN)”, select the third check box. Both the landlord and the tenant must initialize this choice in the blank lines (“tenant`s initials” and “landlord`s initials”) indicated accordingly. We need some insurance information on the third point in this leasing description (“III. Insurance”). Report what needs to be kept within a single injury coverage limit on the tenants` site using the first two blank lines. The following two spaces have been reserved to record the amount of single coverage for the death of a person(s) in the premises that the tenant must maintain to comply with the regulations. Finally, enter the individual property damage coverage that the tenant must maintain with the last two empty lines of this article. The seventh article of this rental agreement, entitled “Deposit”, will consolidate the amount that the tenant will have to give as the amount of guarantee.

This amount is refunded to the tenant if the requirements of this article are met. Write the amount of the guarantee in words, then enter it numerically in the first and second empty lines of this paragraph. Some tenants may need to make certain modifications to a building (for example. B a panel or logo). In the eighth article “Improvement of the right of succession”, the tenant is held financially responsible for changes to the premises, unless they appear in the empty line of this section. If there is not enough space to list all the modifications/repairs, the tenant is exempt from payment to cancel, then you can attach a clearly marked supplement. Every lease needs to look at what will happen if the tenant doesn`t pay the rent and is late. In this case, both parties agree that the rental agreement will be terminated and that all measures described in article “14 Default And Possession” may take place. We must fill in the language of this article for it to apply to this agreement.

First look for the statement starting with the phrase “rent that is more than late” and enter the number of days elapsed without pay by the tenant after the rent due date, so that the rent in the empty line there are “days after the due date…” ” is considered to be late. Once a late payment of the rental is taken into account, a late fee is usually levied….