Tenancy Contract
Tenancy Contract
This Tenancy Contract ("Contract") is entered into as of [Lease Start Date] by and between [Your Company Name], located at [Your Company Address] ("Lessor"), and [Lessee's Company Name], located at [Lessee's Company Address] ("Lessee").
1. Premises
Lessor leases to Lessee and Lessee rents from Lessor, the premises located at [Property Address]. The property to be leased shall be used to conduct business related to [Business Description].
2. Term
The initial term of this Lease will begin on [Lease Start Date] and will end on [Lease End Date]. Thereafter, the Lease may continue on a month-to-month basis.
3. Rent
Lessee shall pay to Lessor a monthly rent of [Monthly Rent], payable on the first day of each calendar month.
4. Security Deposit
Upon the execution of this Contract, the Lessee will deposit with the Lessor the sum of [Security Deposit Amount] as security for compliance with the terms of this Contract.
5. Maintenance and Repairs
Lessee will keep the Premises in clean, sanitary, and presentable condition. Lessee must inform Lessor immediately of any damage to the Premises and shall be responsible for repair costs.
6. Renewal Option
Lessee has the option to renew this Lease for an additional term of [Renewal Term] on the same terms and conditions as outlined in this Lease. Lessee must provide Lessor with a written notice of Lessee's intention to renew at least [Number of Months] months before the expiration of the initial Lease Term.
7. Governing Law
This Lease shall be construed by the laws of [State].
7. Entire Agreement
This Lease contains the entire agreement between Lessor and Lessee and supersedes any other agreements, either oral or in writing, between the parties.
8. Signatures
In witness whereof, the parties have executed this Lease as of the day and year first above written.
[Your Company Name]
By: [Your Name]
Lessor
[Date Signed]
[Lessee's Company Name]
By: [Your Name]
Lessee
[Date Signed]
