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

The Office Lease Contract (Multi-Tenant Base Year Modified Gross Lease) (Landlord-friendly Simple) (Texas) is a legal template that outlines the terms and conditions of a lease agreement specifically designed for office spaces in a multi-tenant building in the state of Texas. This lease contract primarily favors the landlord and provides a simplified version of the agreement.

The template includes standard clauses related to the lease duration, rent payment terms, and security deposit. It also incorporates language that pertains to the calculation and adjustment of the "Base Year," which functions as the reference point for determining the tenant's share of operating expenses and taxes.

The agreement establishes the responsibilities of both parties, defining the obligations of the landlord and the tenant regarding property maintenance, repairs, insurance, and compliance with applicable laws and regulations.

Furthermore, the contract includes provisions regarding subleasing, alterations to the property, default and remedies, indemnification, and dispute resolution. It ensures that all parties involved understand their rights and obligations, minimizing potential conflicts throughout the lease term.

Overall, this legal template provides a comprehensive and straightforward lease agreement specifically tailored for office spaces in a multi-tenant building, intended to protect the landlord's interests while offering clarity to both parties.