A Commercial Lease Agreement is a document outlining the responsibilities of a Landlord and Tenant when a commercial property is being rented. A Commercial Lease Agreement acts as a legally binding contract which allows a business the right to occupy the Landlord's property for business or commercial activities in exchange for paying rent. THIS LEASE AGREEMENT is made and entered into on December 1, 2013, by and between Temple CB, LLC, whose address is 4350 Temple City Boulevard, El Monte, California 91731 (hereinafter referred to as "Landlord"), and Okra Energy, Inc., whose address is 4350 Temple City Boulevard, El Monte, California 91731 (hereinafter referred to as "Tenant"). On this __ day of December, 2013, before me, the undersigned, a Notary Public in and for said County and State, residing therein, duly commissioned and sworn, personally appeared Jay Hooper, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. If Landlord shall fail to reimburse Tenant upon demand for any amount paid or liability incurred for the account of Landlord hereunder, said amount or liability may be deducted by Tenant from the next or any succeeding payments of rent due hereunder; provided, however, that should said amount or the liability therefor be disputed by Landlord, Landlord may contest its liability or the amount thereof, through arbitration or through a declaratory judgment action and Landlord shall bear the cost of the filing fees therefor. Right now, the market has a huge demand for this type of form and people are highly satisfied with our samples. You can also see Rental lease forms. A Commercial Lease is a legally binding agreement negotiated between a landlord, often also a commercial landlord and a business, where the property will be used for business purposes. The Lease includes address of the property, business tenant and landlord contact details, an inventory of fixtures and fittings, terms of the lease, generally as per a residential agreement, with some additions.