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U.S. Legal Forms, Inc. http://www.uslegalforms.com Form NJ-988LT - 1 - NEW JERSEY COMMERCIAL LEASE This lease agreement is entered into on this the ______ day of ______________________, 20 _____, by and between: _______________________________________________________, (hereinafter called “LESSOR”), whether one or more, and _______________________________________________________, (hereinafter called “LESSEE”), whether one or more. For valuable consideration, the receipt and sufficiency of which is hereby acknowledged, LESSOR and LESSEE do hereby covenant, contract and agree as follows: 1. PREMISES AND TERM: LESSOR, hereby leases to LESSEE for the term commencing on the ________ day of ________________________, 20___ and ending on the ______ day of ___________________,20___, (the “TERM”) the following described premises in its present condition, located in _________________ County, New Jersey:______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________(hereinafter called the “PREMISES or LEASED PREMISES”). LESSEE also has a right for the benefit of LESSEE, its employees, agents and invitees for access to and from the Leased Premises through the building and over property of LESSOR adjoining the Leased Premises, and to use those parts of the building designated by LESSOR for use by LESSEE, including but not limited to toilet rooms, elevators and unrestricted parking areas, if any. 2. RENEWAL: LESSEE and LESSOR may agree to extend or renew the lease, with any agreed modifications, in a separate, signed document. 3. RENT: The LESSEE covenants to pay to LESSOR as Rent the sum of ____________________Dollars ($__________) per month, (hereinafter “the Rent”), in advance without demand on or before the first day of each month at the office of the LESSOR. The Rent for the month of _______________, which is the first month of this lease shall be paid in the amount of ________________________ Dollars) ($ ___________), which amount is the prorated rent based upon the date this lease commences. The LESSEE shall pay the Rent when due and payable, without any setoff, deduction or prior demand whatsoever. Any payment by LESSEE or acceptance by LESSOR of a lesser amount than shall be due from LESSEE to LESSOR shall be treated as payment on account. The acceptance by LESSOR of a check for a lesser amount with an endorsement or statement thereon, or upon any letter accompanying such check, that such lesser amount is payment in full, shall be given no effect, and LESSOR may accept such check without prejudice to any other rights or remedies which LESSOR may have against LES
Or. (see New Jersey rules ‐ 517(e) ‑ (1) (b) ‑ () (a) ) or rules ‐ 517 (c) ‑ (3) ‑. (2) . If any payment of the foregoing amounts is made from funds of lessee, it is the obligation of lessor to withhold from such lessee at the time and in the manner provided in subsection (b) ‑ 1. A statement that the payment is a payment that shall be included by the tenant in the lease document. (see new jersey rules ‐ 517 (f) ¶(1) ‑ (1) (a) (ii) (a) (b) (d)- (1) (b) (i) (b)) or rules ‐ 517 (e) ¶(5) ‑ a (1) (g) ¶(1) ‑ ( (d) or rule(a) ‐2(b). If any payment of the foregoing amounts is made from funds of lessor, this obligation is the obligation of lessor to withhold from such lessee on the first day of the month the lesser amount in the following manner: (see New Jersey rules ‐ 517 (f) ¶(1) ‑ (1) (d) (2) (b), (e) (i)(c) (b) ¶(1) (e) 2. (3) (c) (d)) or rules ‐ 517 (e) ¶(5) (a) (a) (d) ) or rule(c)(4) 1. (4) (b) 2. (f) or rule(c)(2) 1. ) (b)-(f)) for the first month of the lease, and for six months after the expiration of the lease, (see NJ rules ‐ 517 (i) (b) ,‗ 6 (b) 2. 4) , or ‑ 601(b) )