Office Lease Agreement (Multi-Tenant Net Lease) (Pro-Landlord Short Form) (NJ) | Practical Law

Office Lease Agreement (Multi-Tenant Net Lease) (Pro-Landlord Short Form) (NJ) | Practical Law

A short form lease agreement drafted in favor of the landlord for use in a multi-tenant office building in New Jersey. In this Standard Document, the tenant pays its proportionate share of real estate taxes, operating expenses, and other charges in addition to base rent. A lease with this payment arrangement is sometimes called a net or a triple net lease. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both landlords and tenants.

Office Lease Agreement (Multi-Tenant Net Lease) (Pro-Landlord Short Form) (NJ)

Practical Law Standard Document w-010-1210 (Approx. 103 pages)

Office Lease Agreement (Multi-Tenant Net Lease) (Pro-Landlord Short Form) (NJ)

by Practical Law Real Estate
MaintainedNew Jersey
A short form lease agreement drafted in favor of the landlord for use in a multi-tenant office building in New Jersey. In this Standard Document, the tenant pays its proportionate share of real estate taxes, operating expenses, and other charges in addition to base rent. A lease with this payment arrangement is sometimes called a net or a triple net lease. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both landlords and tenants.