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DC Commercial Triple Net Lease Agreement
DC commercial landlords, rent out office, retail or other business premises to a tenant with this District of Columbia Commercial Triple Net Lease Agreement.
- The lease is a triple net lease, which means that the tenant pays for everything to do with the premises.
- The tenant has an option to renew the lease for an additional term.
- The tenant will pay all expenses, taxes, levies, and charges with respect to the premises, except for the landlord's income taxes.
- The tenant is responsible for carrying sufficient fire and extended coverage insurance.
- The tenant is responsible for all alterations, improvements, maintenance and repairs, including structural repairs.
- Provisions for abatement of rent or termination of the lease in the event of damage, destruction, or condemnation of the building.
- The tenant accepts the lease subordinate to any mortgage or other lien.
- The tenant must provide an estoppel certificate on request by the landlord.
Download: DC Commercial Triple Net Lease Agreement
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