The following pages contain a document that was originally created in the Interview of Family Lawyer.


This document was created in the Interview in the proper format and with the language necessary to ensure its validity when all of the required information has been entered completely.


It should be understood that any changes made to the content, appearance, or layout of the original document outside of the Interview have been made at the risk of affecting the validity of the document.


Parsons Technology cannot be responsible for the legal consequences of changes you have made to this document.  Furthermore, Parsons Technology is not in a position to provide answers to questions regarding any changes to this document.  It is strongly recommended that you seek the advice of a lawyer for information about the validity and the consequences of any changes you have made to this document.






This Lease Agreement (this "Lease") is dated October 29, 2008, by and between ___________________________________ ("Landlord"), and ___________________________________ ("Tenant").  The parties agree as follows:


PREMISES.  Landlord, in consideration of the lease payments provided in this Lease, leases to Tenant _____________________________________________ (the "Premises") located at ___________________________________, _________________________, ___ __________.


LEGAL DESCRIPTION.  The legal description for the premises is:  _____________________________________________ 


TERM.  The lease term will begin on __________________ and will terminate on __________________.


LEASE PAYMENTS.  Tenant shall pay to Landlord monthly installments of $0.00, payable in advance on the first day of each month, for a total lease payment of $0.00.  Lease payments shall be made to the Landlord at ___________________________________, _________________________, ___ __________, which address may be changed from time to time by the Landlord.


SECURITY DEPOSIT.  At the time of the signing of this Lease, Tenant shall pay to Landlord, in trust, a security deposit of $0.00 to be held and disbursed for Tenant damages to the Premises (if any) as provided by law.


POSSESSION.  Tenant shall be entitled to possession on the first day of the term of this Lease, and shall yield possession to Landlord on the last day of the term of this Lease, unless otherwise agreed by both parties in writing.  At the expiration of the term, Tenant shall remove its goods and effects and peaceably yield up the Premises to Landlord in as good a condition as when delivered to Tenant, ordinary wear and tear excepted.


FURNISHINGS.  The following furnishings will be provided:  _____________________________________________  Tenant shall return all such items at the end of the lease term in a condition as good as the condition at the beginning of the lease term, except for such deterioration that might result from normal use of the furnishings.


PARKING.  Tenant shall be entitled to use __________ parking space(s) for the parking of the Tenant's customers'/guests' motor vehicle(s).


STORAGE.  Tenant shall be entitled to store items of personal property in _____________________________________________ during the term of this Lease.  Landlord shall not be liable for loss of, or damage to, such stored items.


PROPERTY INSURANCE.  Landlord and Tenant shall each maintain appropriate insurance for their respective interests in the Premises and property located on the Premises.  Landlord shall be named as an additional insured in such policies.  Tenant shall deliver appropriate evidence to Landlord as proof that adequate insurance is in force issued by companies reasonably satisfactory to Landlord.  Landlord shall receive advance written notice from the insurer prior to any termination of such insurance policies.  Tenant shall also maintain any other insurance which Landlord may reasonably require for the protection of Landlord's interest in the Premises.  Tenant is responsible for maintaining casualty insurance on its own property.


LIABILITY INSURANCE.  Tenant shall maintain liability insurance on the Premises in a total aggregate sum of at least $0.00.  Tenant shall deliver appropriate evidence to Landlord as proof that adequate insurance is in force issued by companies reasonably satisfactory to Landlord.  Landlord shall receive advance written notice from the insurer prior to any termination of such insurance policies.


RENEWAL TERMS.  This Lease shall automatically renew for an additional period of ________________________ per renewal term, unless either party gives written notice of termination no later than ______________ days prior to the end of the term or renewal term.  The lease terms during any such renewal term shall be the same as those contained in this Lease except that the lease installment payments shall be $0.00 per ______________.


MAINTENANCE.  Landlord shall have the responsibility to maintain the Premises in good repair at all times.


UTILITIES AND SERVICES.  Tenant shall be responsible for all utilities and services incurred in connection with the Premises.


TAXES.  Taxes attributable to the Premises or the use of the Premises shall be allocated as follows:


REAL ESTATE TAXES.  Landlord shall pay all real estate taxes and assessments for the Premises.


PERSONAL TAXES.  Landlord shall pay all personal taxes and any other charges which may be levied against the Premises and which are attributable to Tenant's use of the Premises, along with all sales and/or use taxes (if any) that may be due in connection with lease payments.


TERMINATION UPON SALE OF PREMISES.  Notwithstanding any other provision of this Lease, Landlord may terminate this lease upon ______________ days' written notice to Tenant that the Premises have been sold.


DESTRUCTION OR CONDEMNATION OF PREMISES.  If the Premises are partially destroyed by fire or other casualty to an extent that prevents the conducting of Tenant's use of the Premises in a normal manner, and if the damage is reasonably repairable within sixty days after the occurrence of the destruction, and if the cost of repair is less than $0.00, Landlord shall repair the Premises and a just proportion of the lease payments shall abate during the period of the repair according to the extent to which the Premises have been rendered untenantable.  However, if the damage is not repairable within sixty days, or if the cost of repair is $0.00 or more, or if Landlord is prevented from repairing the damage by forces beyond Landlord's control, or if the property is condemned, this Lease shall terminate upon twenty days' written notice of such event or condition by either party and any unearned rent paid in advance by Tenant shall be apportioned and refunded to it.  Tenant shall give Landlord immediate notice of any damage to the Premises.


DEFAULTS.  Tenant shall be in default of this Lease if Tenant fails to fulfill any lease obligation or term by which Tenant is bound.  Subject to any governing provisions of law to the contrary, if Tenant fails to cure any financial obligation within 5 days (or any other obligation within 10 days) after written notice of such default is provided by Landlord to Tenant, Landlord may take possession of the Premises without further notice (to the extent permitted by law), and without prejudicing Landlord's rights to damages.  In the alternative, Landlord may elect to cure any default and the cost of such action shall be added to Tenant's financial obligations under this Lease.  Tenant shall pay all costs, damages, and expenses (including reasonable attorney fees and expenses) suffered by Landlord by reason of Tenant's defaults.  All sums of money or charges required to be paid by Tenant under this Lease shall be additional rent, whether or not such sums or charges are designated as "additional rent". The rights provided by this paragraph are cumulative in nature and are in addition to any other rights afforded by law.


LATE PAYMENTS.  For any payment that is not paid within ___ days after its due date, Tenant shall pay a late fee of $0.00.


HOLDOVER.  If Tenant maintains possession of the Premises for any period after the termination of this Lease ("Holdover Period"), Tenant shall pay to Landlord lease payment(s) during the Holdover Period at a rate equal to the normal payment rate set forth in the Renewal Terms paragraph.


CUMULATIVE RIGHTS.  The rights of the parties under this Lease are cumulative, and shall not be construed as exclusive unless otherwise required by law.


NON-SUFFICIENT FUNDS.  Tenant shall be charged $0.00 for each check that is returned to Landlord for lack of sufficient funds.


NOTICE.  Notices under this Lease shall not be deemed valid unless given or served in writing and forwarded by mail, postage prepaid, addressed as follows:






_________________________, ___  ___________  






_________________________, ___  __________  


Such addresses may be changed from time to time by either party by providing notice as set forth above.  Notices mailed in accordance with the above provisions shall be deemed received on the third day after posting.


GOVERNING LAW.  This Lease shall be construed in accordance with the laws of the State of Wyoming.


ENTIRE AGREEMENT/AMENDMENT.  This Lease Agreement contains the entire agreement of the parties and there are no other promises, conditions, understandings or other agreements, whether oral or written, relating to the subject matter of this Lease.  This Lease may be modified or amended in writing, if the writing is signed by the party obligated under the amendment.


SEVERABILITY.  If any portion of this Lease shall be held to be invalid or unenforceable for any reason, the remaining provisions shall continue to be valid and enforceable.  If a court finds that any provision of this Lease is invalid or unenforceable, but that by limiting such provision, it would become valid and enforceable, then such provision shall be deemed to be written, construed, and enforced as so limited.


WAIVER.  The failure of either party to enforce any provisions of this Lease shall not be construed as a waiver or limitation of that party's right to subsequently enforce and compel strict compliance with every provision of this Lease.


BINDING EFFECT.  The provisions of this Lease shall be binding upon and inure to the benefit of both parties and their respective legal representatives, successors and assigns.







____________________________________________________    Date: __________________









____________________________________________________    Date: __________________



Final Checklist for Commercial Real Estate Lease

Property Address: ___________________________________

_________________________, ___  __________

October 29, 2008


Make It Legal


_____  The Commercial Real Estate Lease should be signed by ___________________________________


_____  The Commercial Real Estate Lease should also be signed by ___________________________________


_____    Some states require that if a Lease exceeds a specified number of years, it must be recorded in the public records, which, in turn, usually requires that the document be notarized.  If the original term of the Lease will extend beyond one year, you should review the specific requirements of the governing state with respect to notarizing and/or recording the Lease.




Give a signed copy of the Lease to:


_____  ___________________________________


_____  ___________________________________


When to Consult a Lawyer


*    State laws vary on the amount that may be charged as a late payment fee. Consult an attorney to determine whether limits apply in your state.


*    Consult an attorney to determine whether the laws of your state limit the amount that may be charged for checks returned due to non-sufficient funds.


Reasons to Update


*    Current lease is expiring and property will be re-leased.


*    Change in circumstances of either Landlord or Tenant which requires changes in lease, mutually agreed upon by both parties.