Free Land Lease Agreement Outline

I. Agreement Overview

• Identification of the parties involved (Lessor and Lessee)

• Overview of the Lease Agreement

• Execution date

II. Property Description

• Address of the leased property

• Detailed description of the Property (size, zoning, use)

• Purpose of lease and permitted use

III. Lease Term

• Initial lease term (start and end date)

• Renewal terms and conditions

• Early termination provisions

IV. Rent and Payments

• Rent amount and payment schedule

• Payment method and account details

• Late payment penalties

V. Maintenance and Repairs

• Lessor’s responsibilities (e.g., structural repairs, utilities)

• Lessee’s responsibilities (e.g., interior maintenance, grounds care)

VI. Use of Property

• Permitted uses of the Property

• Compliance with laws, regulations, and zoning ordinances

VII. Insurance and Liability

• Insurance coverage requirements (property damage, liability, etc.)

• Lessor as additional insured party

• Liability provisions for both parties

VIII. Default and Termination

• Events of default (e.g., non-payment, maintenance violations)

• Remedies for default and cure period

IX. Governing Law

• Governing state law and jurisdiction

• Dispute resolution procedures

X. Miscellaneous Provisions

• Entire agreement clause

• Severability clause

• Amendment process

XI. Signatories

• Signatures of Lessor and Lessee

• Dates of execution

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