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North Dakota Commercial Triple Net Lease Agreement
ND commercial landlords, rent out office or retail space to a business tenant with this North Dakota Commercial Triple Net Lease Agreement.
- A triple net lease means that the tenant pays all costs related to the premises, including structural repairs.
- The tenant has an option to renew the lease for an additional term.
- The tenant will pay all expenses, taxes, levies, and charges against the premises, except for the landlord's income taxes.
- The tenant must carry adequate fire and perils insurance.
- The tenant is responsible for all alterations, improvements, maintenance and repairs to the building.
- Provisions for abatement of rent or termination of the lease in the event of damage, destruction, or condemnation of the building.
- The tenant must provide an estoppel certificate on request by the landlord.
Download: North Dakota Commercial Triple Net Lease Agreement
Related Forms:
- North Dakota Commercial Lease Agreement
- North Dakota Commercial Sublease Agreement
- North Dakota Lease Proposal for a Commercial Premises
- North Dakota Renewal and Extension of Commercial Lease
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