Office Lease Contract (Multi-Tenant Base Year Modified Gross Lease) (Landlord-friendly Simple) (California)

The Office Lease Contract (Multi-Tenant Base Year Modified Gross Lease) (Landlord-friendly Simple) (California) is a legal template designed to outline the terms and conditions for leasing an office space located in California. This specific lease agreement is structured as a multi-tenant base year modified gross lease, which means that it encompasses multiple tenants sharing common areas within a building.

The template is primarily designed to provide favorable terms and protection for the landlord, ensuring that their rights and interests are upheld throughout the lease duration. It includes a straightforward and simplified format that can be easily understood by all parties involved.

Key aspects covered in this template include the lease duration, rent payment schedule, security deposit requirements, and any specific rules or regulations imposed by the landlord. It also details the responsibilities of both the landlord and the tenants, such as maintenance obligations, insurance requirements, and provisions for early termination or renewal of the lease.

As this template is specifically tailored for leasing office spaces in California, it takes into account the relevant state laws and regulations that govern such agreements. It also includes provisions related to base year modifications, which calculate the tenant's share of operating expenses based on a specific reference year.

Overall, this Office Lease Contract template aims to provide a comprehensive and fair agreement for both the landlord and tenants, ensuring a smooth and transparent leasing process while primarily focusing on protecting and safeguarding the landlord's interests.