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Self- Renewing Lease
SELF RENEWING LEASE
LEASE AGREEMENT, made between ____________________
(Landlord) and ______________________ (Tenant).
In consideration of the covenants herein contained it is
agreed between the parties as follows:
1. Landlord hereby leases and rents to Tenant the
premises described as follows:
2. This Lease shall be in effect for a term of one (1)
year, commencing on ____________, 19__ and from year to year
thereafter unless _____ days prior to the termination of the
lease either party sends notice in writing electing to terminate
the same.
3. Tenant shall pay Landlord the annual rent of
$__________ during said term, in monthly payments of
$___________, each, payable monthly in advance.
4. Tenant shall at its own expense provide the following
utilities:
Landlord shall at its own expense provide the following
utilities:
5. Tenant further agrees that:
(a) Upon the expiration of the lease it will turn over
possession of the leased premises in its present condition,
reasonable wear and tear excepted. Tenant shall commit no waste
to the leased premises.
(b) It shall not assign or sub-let or allow any other
person to occupy the leased premises without Landlord's prior
written consent.
© It shall not make any material or structural
alterations to the leased premises without Landlord's prior
written consent.
(d) It shall comply with all building, zoning and health
codes and other applicable laws for said leased premises.
(e) It shall not conduct a business deemed extra
hazardous, a nuisance or requiring an increase in fire insurance
premiums. Tenant warrants the leased premises shall be used only
for the following purposes:
(f) In the event of a breach of the payment of rent or
any other allowed charge, or other breach of this Lease,
Landlord shall have full rights to terminate this Lease in
accordance with state law and re-enter and claim possession of
the leased premises, in addition to such other remedies available
to Landlord arising from said breach.
6. This Lease shall be binding upon and inure to the
benefit of the parties, their successors, assigns and personal
representatives.
7. Additional Lease terms:
Signed and sealed this ______day of ________,
19__.
_________________________________
Landlord
_________________________________
Tenant
Form 204
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