Office Lease Agreement FAQs
1) What is an office lease agreement?
An office lease agreement is a type of document that outlines the terms and conditions of an agreement between an office space owner and a lessee. Most office lease agreements are considered commercial leases.
2) What does an office lease agreement include?
An office lease agreement often includes:
- Names and contact information of the owner and the lessee
- Purpose of the lease
- Address of the office space to be leased
- Dates of the lease
- Lease payment amount and schedule
- Specific terms, conditions, and rules of the agreement
- E-signatures of all involved parties
3) How do I rent an office space?
To rent an office space, start by searching for spaces that are available for rent in your desired area. Get in touch with the agent or leasing office and start touring spaces. Make a checklist of things you’re looking for, including square footage, location, proximity to public transit, or other requirements.
Once you find your ideal office space, let your rental agent or the landlord of the office space know that you’re interested in it. Submit a rental application to help your potential landlord screen your qualifications. If they agree to rent out the space to you, you can start negotiating the terms of your office lease agreement. Clarify any details about the rental payment schedule, office lease type, utilities, move-in date, and any other topics you want to cover.
After that, it’s time to sign your lease agreement and move into your office!
4) What are the types of office lease agreements?
There are a few types of office lease agreements, including: a gross lease, a triple net lease (NNN), and a modified gross lease.
- A gross lease is a type of lease that allows the renter to pay a set amount periodically but also requires the renter to pay for all property expenses like utilities and repairs.
- A triple net lease (NNN) is a type of lease that requires renters to not only pay for rent and utilities, but also property taxes, insurance, and maintenance.
- A modified gross lease is a type of lease that combines the features of both gross leases and net leases. A modified gross lease requires the renter and the landlord to share the responsibility and costs associated with rental space maintenance.
5) How do you create an office lease agreement?
You can easily create your own office lease agreement by using Jotform’s intuitive builder. Start from scratch or use this office lease agreement template. Open the template, then drag and drop to make changes to your lease agreement. Add or remove fields, upload branding assets or images, change colors and fonts, and much more.