Commercial Lease Agreement Style 42

Individuals who purchase or inherit vacant land in either an urban or rural setting may benefit from a Ground Lease if they want to generate some passive income without the hassle of personally investing the capital, labor, or time needed to build structures and start an independent business. 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. 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"). Use an attorney or draft the lease yourself. Make sure to gather all the information about the property and the tenant and enter into the agreement. IN WITNESS WHEREOF, the parties hereto have executed this Lease the day and year first above written or have caused this Lease to be executed by their respective officers thereunto duly authorized. 60 days)Tenant’s use of premises is limited: Describe the limited use (i.e., Monday – Friday from 9am to 3pm as a licensed daycare facility.) You may leave this blank. Include parking privileges: Include the number of parking spaces for tenant (and guests, if provided).Storage provided to Tenant: Describe the storage area (i.e., the closet in the back of the garage).Landlord is providing furnishings: Describe these (i.e., living room couch and two wood end tables).Charges for damage to certain property by Tenant: Describe the item (i.e., living room couch) and amount for damage (i.e., $300).

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Commercial Lease Agreement Style 42

The most important thing you can do is read your commercial lease carefully and understand it completely. This allows you to realize what benefits you have so you can ask for changes and it also prepares you for your responsibilities as a tenant. Leasing is also used as a form of financing to acquire equipment for use and purchase. Many organizations and companies use lease financing for the acquisition and use of many types of equipment, including manufacturing and mining machinery, vessels and containers, construction and off-road equipment, medical technology and equipment, agricultural equipment, aircraft, rail cars and rolling stock, trucks and transportation equipment, business, retail and office equipment, IT equipment and software. In the United States, leases of goods are generally governed by Article 2A of the Uniform Commercial Code (UCC) as adopted by the various jurisdictions. Leasing is also used as a form of financing to acquire equipment for use and purchase. Many organizations and companies use lease financing for the acquisition and use of many types of equipment, including manufacturing and mining machinery, vessels and containers, construction and off-road equipment, medical technology and equipment, agricultural equipment, aircraft, rail cars and rolling stock, trucks and transportation equipment, business, retail and office equipment, IT equipment and software.

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Business Formation
Business Management
Business Operations
Business Property
Client and Customer
Construction
Employment
Event
Event & Project Management
Financial
Financial Management
Finder's Fee Agreement
Human Resources
Inventory
IT Project Management
Manufacturing
Personal & Family
Personal Lists, Tracker & Calculator
Real Estate
Website & Services
Will & Estate Planning
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