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Delaware Commercial Triple Net Lease Agreement
DE commercial landlords, rent out office, retail and other business premises to a tenant with this Delaware 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 including all alterations, improvements, maintenance and repairs (including structural repairs).
- The tenant may, at its option, renew the lease for one 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 fire and extended coverage insurance.
- Provisions for abatement of rent or termination of the lease in the event that the building is damaged, destroyed or condemned.
- The tenant accepts the lease subordinate to any mortgage or other lien.
Download: Delaware Commercial Triple Net Lease Agreement
Related Forms:
- Delaware Commercial Lease Agreement
- Delaware Renewal and Extension of Commercial Lease
- Delaware Sublease Agreement (Commercial)
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