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

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

A medium form lease agreement favoring the landlord for use in a multi-tenant office building. 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 lease or triple net lease. While leases are generally governed by state law, this jurisdictionally neutral template is useful and relevant in every state. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.

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

Practical Law Standard Document w-018-5247 (Approx. 121 pages)

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

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A medium form lease agreement favoring the landlord for use in a multi-tenant office building. 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 lease or triple net lease. While leases are generally governed by state law, this jurisdictionally neutral template is useful and relevant in every state. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.