Office Lease Contract (Multi-Tenant Gross Lease) (Landlord-friendly Simple)

This legal template is for creating an office lease contract specifically designed for a multi-tenant gross lease agreement. The term "multi-tenant" refers to multiple tenants renting separate office spaces within a shared building or complex. This type of lease typically entails the landlord taking responsibility for certain expenses such as maintenance, utilities, and property taxes, and including them in the rental rate or charging a fixed fee to all tenants.

The template is labeled as "Landlord-friendly Simple," suggesting that it prioritizes the landlord's interests and focuses on a straightforward and easy-to-understand contract. It may include clauses or provisions that offer certain protections or advantages to the landlord, such as lease terms, renewal options, rent escalation clauses, or provisions regarding tenant responsibilities and obligations.

The template could cover various important aspects, including the identification of the parties and the leased premises, the agreed-upon term of the lease, rental payments and any late payment penalties, security deposits, maintenance responsibilities, utilities, insurance requirements, common area usage, dispute resolution methods, termination options, and any additional terms and conditions that both parties agree upon.

Landlords can utilize this template to draft clear and legally binding lease agreements that cater to their preferences and needs while ensuring that tenants understand their rights, obligations, and costs associated with the leased office space within a multi-tenant setting.