Business Lease Agreement
 When to Use this Agreement
Use this Agreement when a business owner "the lessor" wishes to lease a business to a second party "the lessee" in return for a regular rental income.
This document defines the terms and conditions under which the business owner (the Lessor) leases the business to the New business manager (lessee). The Business Lease agreement can easily be modified to reflect a specific Term or any number of other options. It will provide you with strong legal recourse should a misunderstanding arise and/or the other party fails to fulfil its obligations while under contract. more
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The Contract includes the following provisions -
- Introduction
- Description of Leased Business.
- Term of Business Lease.
- Extension of Term.
- Rental.
- Assignment of Rights by Lessor to Lending Institution.
- Defences, Setoffs, Claims Against Lessor's Assignee
- Ownership of Business Equipment
- Indicia of Lessor's Ownership
- Title to Business Equipment Unencumbered
- Delivery of Business Equipment
- Repairs to and Maintenance of Business Equipment
- Insurance
- Damage to Business Equipment
- Loss of Business Equipment
- Lessee to Hold Lessor Harmless From Damages and Claims Arising Out of Use of Business Equipment
- Taxes, Assessments, Etc., on Business Equipment
- Limitation on Lessee's Right to Assign, Lease, or Sublet premises and Business Equipment
- Events Constituting Lessee's Default
- Termination of Lease Upon Lessee's Default--Return of Business Equipment to Lessor
- Termination of Lease Upon Lessee's Default--Failure of Lessee to Return Business Equipment
- Events Constituting Lessor's Default.
Termination of Business Lease Upon Lessor's Default
- Notices
- Termination of Business Lease.
- Rights of Lessor's Assignee.
- Separability
- Applicable Law
View Sample Document
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* This agreement includes a complimentary copy (A $97 VALUE!) of R. P. Emery & Associates newly revised 3rd Edition, "Agreement Preparation Tips, Hints & Secrets" publication. It will show you in simple terms how to thoroughly cover important legal requirements, and how to complete an agreement in detail. In addition, it contains alternative legal clauses and provisions you can use Click here to read more about the book.
Single Document is available now |
AU $129.95 |
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