New Mexico Commercial Triple Net Lease Agreement

NM business landlords, lease office or retail space to a tenant with this New Mexico Commercial Triple Net Lease Agreement.

• The lease is a triple net lease (carefree to the landlord). The tenant must pay for everything to do with the premises including improvements, maintenance and repairs (including structural repairs).
• The lease contains a renewal option for one additional term.
• The tenant will pay all expenses, taxes, and levies charged to the premises, except for the landlord's income taxes.
• The tenant is responsible for carrying adequate 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 will supply an estoppel certificate upon request from the landlord.
• This is a reusable legal form. Buy, download, customize for your needs - use it as often as you require.

This New Mexico Commercial Triple Net Lease Agreement template is available in MS Word format, and is fully editable to fit your needs.