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Illinois Commercial Lease Agreement
Illinois commercial landlords, rent office, retail shopping or other business premises to a tenant with this comprehensive Commercial Lease Agreement.
- The tenant has an option to renew the lease at the end of the term.
- Optional clauses for payment of the property taxes by either the landlord or the tenant, as agreed to between the parties.
- The tenant is responsible for carrying comprehensive public liability, fire and extended coverage insurance.
- Optional clauses included if (i) the landlord is responsible for mechanical and structural repairs, and (ii) if the tenant is responsible for all repairs.
- Parking areas are to be shared by all tenants and their employees and customers.
- Procedures in the event of damage, destruction, or condemnation of the building.
- The tenant accepts the lease subordinate to any mortgage or other lien against the property.
- The tenant agrees to provide an estoppel certificate upon request by the landlord.
Download: Illinois Commercial Lease Agreement
Related Forms:
Related Categories:
- Downloadable Legal Forms > Commercial Lease Forms > United States > Illinois
- Downloadable Business Forms > Rental Property Management Forms > United States > Illinois
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