Spa Lease Contract
Spa Lease Contract
This Spa Lease Contract ("Contract") is entered into on this [Month Day, Year], by and between [Your Company Name] ("Lessor"), located at [Your Company Address], and [Lessee Name] ("Lessee"), whose address is [Lessee Address]. Both parties agree to the following terms and conditions:
1. Lease Premises
The Lessor, [Your Company Name], agrees to lease to the Lessee, [Lessee Name], the spa premises located at [Your Company Address] ("Leased Premises") for the sole and exclusive purpose of operating a spa. The Leased Premises include [reception area, treatment rooms, and locker rooms]. The Lessee shall have access to the Leased Premises during the term of this Lease Agreement as defined in Section 2.
2. Term
a. Commencement Date: The initial term of this Contract shall commence on [Month Day, Year], which shall be the date when the Lessee takes possession of the Leased Premises.
b. Initial Lease Term: The initial term of this Lease Agreement shall be [Initial Lease Term] years, starting from the Commencement Date and ending on [Month Day, Year].
c. Extension: Upon mutual agreement between the Lessor and Lessee, this Lease Agreement may be extended for additional terms of [0] years each. Any extension must be agreed upon in writing by both parties.
d. Termination: This Lease Agreement may be terminated earlier by either party in accordance with the provisions set forth in Section 9 (Default and Termination) of this Contract.
3. Rent
a. Rent Amount: The Lessee agrees to pay the Lessor a monthly rent of $[0], due and payable in advance on the [Month Day, Year] of each month.
b. Payment Date: The payment date shall be [Month Day, Year] of each month. If the Payment Date falls on a weekend or holiday, the rent shall be due on the next business day.
c. Payment Method: Rent payments shall be made by [check]. Payments shall be made to the following bank account:
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Bank Name: |
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Account Number: |
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Routing Number: |
d. Late Payment: In the event that the Lessee fails to make any rent payment within [0] days of the due date, a late fee of $[0] shall be charged for each day the payment is late, up to a maximum of $[0] per month.
4. Security Deposit
a. Amount: Upon execution of this Contract, the Lessee shall pay the Lessor a security deposit of $[0]. This deposit shall be held by the Lessor as security for the Lessee's performance under this Contract.
b. Refund: The security deposit shall be refundable to the Lessee, without interest, upon the expiration or termination of this Contract, subject to the terms and conditions herein.
c. Deductions: The Lessor shall have the right to deduct from the security deposit any unpaid rent, damages to the Leased Premises beyond normal wear and tear, and any other amounts owed by the Lessee to the Lessor under this Contract.
d. Return of Deposit: Within [0] days after the expiration or termination of this Contract, the Lessor shall return the security deposit to the Lessee, less any deductions made in accordance with this Contract.
5. Utilities and Maintenance
a. Utilities: The Lessee shall be responsible for all utilities used at the Leased Premises, including but not limited to electricity, water, gas, and internet. The Lessee shall promptly pay all utility bills when due and shall not allow any utility service to be disconnected or interrupted due to non-payment.
b. Maintenance: The Lessee shall be responsible for maintaining the Leased Premises in a clean, sanitary, and safe condition at all times during the term of this Lease Agreement. This includes, but is not limited to, regular cleaning of the premises, disposal of trash, and maintenance of landscaping (if applicable).
c. Repairs: The Lessee shall promptly make, at their own expense, any repairs to the Leased Premises that are necessary due to the Lessee's use or negligence, normal wear and tear excepted. However, the Lessor shall be responsible for repairing structural defects and other repairs that are not the fault of the Lessee.
d. Access for Repairs: The Lessee shall allow the Lessor or their agents to enter the Leased Premises at reasonable times to inspect the premises, make repairs, or show the premises to prospective tenants or buyers. The Lessor shall provide reasonable notice to the Lessee before entering the premises, except in cases of emergency.
6. Use of Premises
a. Permitted Use: The Lessee agrees to use the Leased Premises solely for the operation of a spa and for no other purpose without the prior written consent of the Lessor.
b. Compliance with Laws: The Lessee shall comply with all applicable laws, ordinances, and regulations governing the use of the Leased Premises, including but not limited to zoning laws, health and safety regulations, and building codes.
c. No Nuisance: The Lessee shall not use the Leased Premises in any way that may create a nuisance or disturbance to neighboring tenants or properties.
d. Alterations: The Lessee shall not make any alterations, additions, or improvements to the Leased Premises without the prior written consent of the Lessor. Any approved alterations shall become the property of the Lessor and shall remain upon the premises at the expiration or termination of this Contract.
7. Insurance
a. Coverage Amount: The Lessee shall obtain and maintain comprehensive public liability and property damage insurance with coverage amounts of not less than $[0].
b. Additional Insured: The Lessor shall be named as an additional insured on the Lessee's insurance policies. The Lessee shall provide the Lessor with a copy of the insurance policies or certificates of insurance evidencing the coverage required herein.
c. Renewal: The Lessee shall provide the Lessor with evidence of insurance renewal at least [0] days prior to the expiration of the current policy.
d. Notice of Cancellation: The Lessee shall provide the Lessor with written notice of any cancellation or material change to the insurance policies required herein at least [0] days prior to such cancellation or change.
8. Indemnification
a. Scope: The Lessee agrees to indemnify, defend, and hold harmless the Lessor, its officers, directors, employees, and agents from and against any and all claims, actions, damages, liabilities, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or in connection with the Lessee's use of the Leased Premises, including but not limited to any injury to persons or property caused by the Lessee's actions or negligence.
b. Notification: The Lessee shall promptly notify the Lessor in writing of any claim or action for which indemnification may be sought under this provision.
c. Defense: The Lessee shall have the right to defend any such claim or action with counsel of its own choosing, at its own expense, provided that the Lessor shall have the right to participate in the defense with counsel of its own choosing, at its own expense.
d. Settlement: The Lessee shall not settle any claim or action without the prior written consent of the Lessor, which consent shall not be unreasonably withheld.
9. Default and Termination
a. Notice of Default: In the event that the Lessee fails to pay rent or otherwise breaches any term of this Contract, the Lessor may provide the Lessee with written notice specifying the nature of the default and providing [0] days for the Lessee to cure the default.
b. Termination: If the Lessee fails to cure the default within the specified notice period, the Lessor may terminate this Contract by providing the Lessee with [0] days' written notice of termination. Upon termination, the Lessee shall surrender the Leased Premises to the Lessor in good condition, reasonable wear and tear excepted.
c. No Waiver: The failure of the Lessor to insist upon strict performance of any of the terms or conditions of this Contract shall not be deemed a waiver of any rights or remedies that the Lessor may have and shall not be deemed a waiver of any subsequent default by the Lessee.
10. Governing Law
This Contract shall be governed by and construed in accordance with the laws of [Governing Law Jurisdiction]. Any disputes arising under this Contract shall be resolved in the courts of [Jurisdiction City/State].
11. Amendment
a. Requirement: This Contract may be amended or modified only by a written agreement signed by both parties. Any amendments or modifications to this Contract shall be attached hereto as an addendum and shall be incorporated into this Contract as if fully set forth herein.
b. No Oral Modifications: No oral agreements or modifications to this Contract shall be valid or enforceable. Any changes to this Contract must be in writing and signed by both parties to be effective.
12. Entire Agreement
This Contract contains the entire agreement between the parties and supersedes all prior negotiations, understandings, and agreements between them regarding its subject matter.
13. Notices
All notices under this Contract shall be in writing and shall be deemed to have been duly given if delivered personally or sent by registered or certified mail (return receipt requested), postage prepaid, to the following addresses:
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Lessor: [Your Company Name]
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Address: [Your Company Address]
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Email: [Your Company Email]
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Phone Number: [Your Company Number]
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Lessee: [Lessee Name]
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Address: [Lessee Address]
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Email: [Lessee Email]
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Phone Number: [Lessee Phone Number]
14. Signatures
IN WITNESS WHEREOF, the parties have executed this Spa Lease Contract as of the day and year first written above.
Lessor:
[Your Name]
[Your Company Name]
[Your Company Email]
[Your Company Number]
Lessee:
[Full Name]
[Lessee Email]
[Lessee Phone Number]
