Example of a Commercial Premises Lease Agreement
Contracts / / July 04, 2021
East commercial premises lease, is of a private nature, and can be done with the presence of witnesses and if it is considered convenient can be done before a notary public and registered in the public registry of property and Commerce.
It can be held between individuals, between individuals and legal entities or between legal entities, always through the corresponding representatives.
Example of a commercial premises lease:
COMMERCIAL PREMISES LEASE AGREEMENT entered into in Mexico City on August 8, 2012, with the presence of two witnesses, one for each of the parties; The lessor party that will be called "THE LESSOR", Mr. Marco Andrés Solares Juárez, who is the owner of the premises commercial object of this contract, and as counterpart Mr. Aquiles Martínez Barrios, who hereinafter will be referred to as “EL LESSEE".
Both parties are fully aware of the circumstances, duties and obligations of the present and for the same they adjust in accordance with the following clauses:
CLAUSES:
First.-
The property located at Av. México Núm.85 Col. Martín Cabrera Del Iztapalapa Mexico Federal District; property that "THE LESSOR" delivers to the "LESSEE" who receives it with full satisfaction.Second.- This contract will be valid for one year, effective as of the signing thereof and will end the day after the end of the year.
At the end of this, the landlord will restore the property in the same conditions or with the improvements that have been had to carry out and in the same way remains open for the continuation or new signing of the contract, which in the hypothetical case will replace the Present.
To carry out this contract, they will comply with the provisions of the Civil Code of the Federal District as well as any other jurisdiction is waived, either by domicile of the parties or by agreement alternate.
Third.- “THE LESSEE” will pay the “LESSOR” for the concept of income the amount of $ 5,000.00 (Five thousand pesos M / N) amount to which 16% of the Value Added Tax (VAT) will be added; which will be paid into the account number (4562179645) of the Bancomun. S.A.B de C.V. Account that is exclusively destined for these functions.
In the payment of the rent, two amounts equal to the monthly payment will be included as a deposit, which will be returned at the time of termination of said contract.
Quarter.- This property will be intended to be a commercial premises, and will not be used for another purpose such as a room or a cellar without prior notice.
In the event that the tenant does not vacate the premises that are the object of this contract in a timely manner and in the absence of conflict between the parties, the tenant will be credited with a fine of 20% for each month that he occupies the property without a contract.
Fifth.- All improvements and arrangements that may exist during the duration of this contract will be at the expense and account of the "LESSEE" and It will also be responsible for any damage caused either during the term of this contract or at the time of vacate it.
Sixth.- In the event that the "LESSEE" delays in the payments of the fixed income or makes it in installments, he will be credited with a interest of 4% per month in relation to the amounts owed, interest that will be applied until the moment that said amount.
Seventh.- The contract for electricity, energy consumption, water, and other services, will be borne by the "LESSEE" and must deliver the list of payments and costs to the lessor at the end of the contract, signing a new contract or vacating the property.
Eighth.- In the event that the "LESSEE" wishes or needs to terminate this contract in advance of its completion stipulated, he will be obliged to pay the total of the month that he is living and will lose one of the bonds set above, as compensation.
Ninth.- "THE LESSEE" receives the property with all the services in conditions of use free of any damage or breakage thereof, it will be the responsibility of the LESSEE.
Tenth.- The following will be grounds for termination of this contract:
- Use the farm for a different purpose than that stipulated in this contract.
- Stop paying for a period of more than three months.
- Modify or alter the property without authorization even if it is for the purpose of improving it.
- Handle, store or traffic items that damage health or are punishable by the laws of the country.
- Having animals without the authorization of the "LESSOR".
- That the "LESSEE" behaves in an immoral way or outside of good customs
- That the "LESSEE" causes damage to the property.
- That the "LESSEE" subleases or transfers, assigns the rights of this contract.
- Not showing the amount of the deposit within the first 30 days after signing this contract.
- Ter more than one of the actions described above or not make the payment within the agreed period.
Eleventh.- The costs of costs and fees produced by this contract will be borne by the "LESSEE".
Twelfth.- Mr. Fernando Vargas Ferrara, who is present in the drafting of this contract, will act as GUARANTEE of the “LESSEE” in favor of the LESSOR.
Thirteenth.- To receive any notification, the parties and the guarantor indicate the following addresses.
- "EL ARRENDADOR" Av. Independencia Number 56 col Industrial, Del Miguel Hidalgo, México D.F.
- The “THE LESSEE” Av. Carlos Ponce Number 96 interior 12 Col Mario Rebolledo Municipality of Ecatepec de Morelos, State of Mexico.
- FIADOR.- Angel Street number 4 Col Agua Azul, Chimalhuacán State of Mexico.
INVENTORY:
Fourteenth. This property has the following benefits:
Telephone in good working order, and that is property of the "LESSOR" and for which the "LESSEE" will pay the expenses; doors in excellent functions with plates and keys.
After having read this contract to the parties and the guarantor and having been made aware of its content, the corresponding signatures are carried out.
LANDLORD TENANT
Signature Signature
GUARANTOR
Firm