A business lease template is a legal document drafted whenever an organization or an individual takes business owned by someone else on lease. The template contain the details of the both the parties along with the terms and conditions agreed between them.
Sample Business Lease Template
The lease has been drafted on _______________ [date of registering the lease] between ____________ [owner of the business] and the _______________ [the lessee] for leasing out the business owned by _____________ [owner of the business] located at:
Street address: __________________
City name: ________________, State: _______________, Postal code: _________________
Other details of the Business ______________________________________________
Obligations:
- The monthly rent of the business is _____________. The lessee has to pay an advance rent of __________________ [number of months].
- The profit from the business will be shared on ____________ [percentage of sharing].
The terms and conditions have been accepted by both the parties and put their signature below:
Signature of the lessor: ____________________
Signature of the lessee: _______________________