Lease Agreement - Section of Workplace

LEASE AGREEMENT – SECTION OF WORKSPACE

Summary

A landlord looking to sign up a Lease Agreement with a tenant for a section of workspace on his/her own business property may use this Lease Agreement.

More information

Who should use this Lease Agreement?

A property owner may consider using this Lease Agreement when leasing a section of workspace on his business property to a tenant. For example, a property owner running his own business from the property may find that office or storage space on the property is not being fully utilised, and could be leased to a third party. Note: you may wish to obtain the tenant’s details, and conduct a background check before finalising the Lease Agreement. The Tenant Application Form may be used for this purpose.

• The Lease Agreement covers the following issues:  
• Letting and Hiring
• Duration
• Rent
• Use
• Rates, Electricity, Service Charges
• Maintenance and Repairs
• Destruction of Property
• Laws
• Insurance
• Improvements
• Lessor’s Rights
• Sub-Letting\Breach
• General

What does the Lease Agreement look like?

The agreement can be printed onto four A4 pages.

• Complete the relevant details in the agreement.
• Read the document to ensure that it suits your requirements. Make changes as required.
• Ensure that the agreement is signed by both the tenant and you as the landlord. 

• Rental Agreement
• Property Rental Agreement
• Rental Contract
• Terms of Lease
• Rental Terms and Conditions
• Lease of Property Agreement

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