Free simple commercial lease agreement template south africaCommercial Lease Agreement • June 9th, 2021
Contract Type FiledJune 9th, 2021Commercial Lease Agreement This Commercial Lease Agreement ("Lease") is made and effective , by and between ("Landlord") and ("Tenant"). Landlord is the owner of land and improvements commonly known and numbered as (Address) Landlord desires to lease the Leased Premises to Tenant, and Tenant desires to lease the Leased Premises from Landlord for the term, at the rental and upon the covenants, conditions and provisions herein set forth. THEREFORE, in consideration of the mutual promises herein, contained and other good and valuable consideration, it is agreed: 1. Term. Landlord hereby leases the Leased Premises to Tenant, and Tenant hereby leases the same from Landlord, for an "Initial Term" beginning and ending . On Tenant shall have possession of the lease premises. 2. Rent. Tenant shall pay to Landlord a monthly rent during the initial term and during the renewal period lease of $ per month. 3. Use. Notwithstanding the forgoing, Tenant shall not use the Leased Premises for the purpos