LEASE AGREEMENT THIS LEASE AGREEMENT made and entered into effective the ____ day of
______________, _____, by and between _________________________________, a
____________ ________________________ (type of business), as Landlord, and
___________________________ _____________, as Tenant, whereby Landlord leases to
Tenant, and Tenant hereby rents or leases from Landlord, the __________________________
located on the premises described below, on the terms and conditions set out below. W I T N E S S E T H : FOR AND IN CONSIDERATION of the sum of
____________________________________ ($ ) cash in hand this day paid and
other good and valuable considerations, the receipt and sufficiency of which are hereby
acknowledged, _____________________________________ (hereinafter "Landlord"), does
hereby lease and demise unto ________________________________ (hereinafter "Tenant"),
and Tenant does hereby take and lease from Landlord, upon and subject to each of the covenants
and undertakings hereinafter set forth, the _____________________________, all located on
real estate, whose address is _______________________________________________, said
____________________________ being hereafter sometimes referred to as "demised premises".
Landlord and Tenant further covenant and agree as follows:I. Term: The term of this Lease shall be for a period
_____________________________ commencing on ______________ _____, and ending
______________ _____. Written notice of any request to renew must be given to Landlord by
Tenant on or before ______________ _____. Landlord shall respond to any such request within
________ ( ) days, but shall be under no obligation to grant any such request.
II. Rent: During the term of this Lease, Tenant shall pay to Landlord total rent in the
amount of _____________________________________________ ($ ) in
_________ ( ) monthly installments of ___________________________ ($ )
per month payable on the ___________ ( ) day of each month in advance beginning in
______________ ____ and continuing through ______________ _____. Rent checks shall be
made payable to ___________________________________, and mailed to the following
address: _______________ ________________________________________________, or to
such other person or address as Landlord shall designate in writing.
-2- III. Taxes: Landlord shall be responsible for payment of all state, county and municipal
ad valorem property taxes and special assessments on the demised premises.
IV. Purpose : The premises hereby leased shall be used solely and exclusively by
Tenant as a dance studio.
V. Repairs: Landlord shall be responsible for maintenance of the lighting, heating,
cooling, and plumbing systems and for maintenance of the premises from a structural standpoint
including the walls. Tenant, at Tenant's expense, shall maintain the demised premises and
appurtenances to the demised premises in good repair and in at least as good condition as that in
which they were delivered, allowing for ordinary wear and tear.
VI. Signs: Signs erected on the demised premises by Tenant shall first be approved by
Landlord.
VII. Plumbing and Lighting: Tenant may not change or alter the plumbing and lighting
systems in the demised premises and no structural change shall be made to the demised premises
without prior written approval of Landlord.
All repairs, alterations, additions or improvements made by Tenant to the demised
premises, except movable business or trade fixtures, shall become the property of Landlord.VIII. Right of Inspection: Landlord may, at any reasonable time during the term of this
Lease, visit and examine the demised premises and all parts thereof.
IX. Expense of Collection: Should any controverted or past due claim in favor of
Landlord under this Lease be placed in the hands of an attorney at law for collection, and should
Landlord prevail in enforcing such claim, Tenant shall pay, in addition to the amounts due on
any such claim all reasonable costs, charges, and expenses in connection with the collection
thereof including a reasonable attorney's fee to the attorney handling such claim for Landlord.
X. Utilities : Landlord will during the term of this Lease pay and discharge prior to
delinquency all charges for water and sewage, gas, electricity, telephone and lights used in, on or
upon the demised premises.
XI. Liabilities: Tenant, during the term hereof, shall indemnify and save harmless
Landlord from and against all claims and demands whether from injuries to persons or loss of
life or damage to property occurring within the demised premises and arising out of the use and
occupancy of said demised premises by the Tenant.
-3- XII. Common Facilities: Common Facilities include but are not limited to streets,
sidewalks, parking areas and alleys. It is understood and agreed that Tenant, its students,
employees, agents or invitees shall have the right to the use of all Common Facilities including
the parking lot, sidewalks, alleyways, driveways and other facilities.
XIII. Vacancy Notice: Tenant will notify Landlord in writing any time the demised
premises will be unoccupied.
XIV. Liability Insurance:A.Tenant shall provide and keep in force, at Tenant's sole expense, for the benefit of
Landlord, general public liability insurance protecting Landlord against claims for bodily injury
or death occurring on or in the demised premises, or in the streets adjacent to the demised
premises, for not less than ________________________________________ ($
) with respect to any one accident or disaster, for not less than
_____________________________________ ($ ) with respect to bodily injury
or death to any one person, and for not less than
__________________________________________ ($ ) with respect to
destruction or damage to property. A liability policy or a certificate of insurance covering
Tenant and Landlord, as their interests may appear, but otherwise in the form herein provided,
shall be deemed a compliance with the provisions of this paragraph.B.Tenant shall renew all liability policies of insurance that Tenant is required to
procure and maintain under the provisions of this Lease when renewal is required, and at least
______ ( ) days prior to the expiration of the policies. Tenant shall provide Landlord with the
renewal of the insurance policies hereunder. All binders, policies, or certificates shall provide
for ____ ( ) days notice from insurers to Landlord of any cancellation or amendment to any of
the insurance policies, where a notice requirement of this nature is acceptable to insurer.
XV. Subletting: A.Tenant shall not assign this Lease Agreement or any interest in this Lease
Agreement, or sublet the demised premises or any part of the demised premises or any right or
privilege appur tenant to the demised premises, or allow any person other than Tenant and
Tenant's agents and employees to occupy or use the demised premises or any part of the demised
premises, without first obtaining Landlord's written consent.
-4- B. Landlord's consent to one assignment, sublease, or occupancy or use shall not be
deemed to be a consent to any subsequent assignment or sublease, or to any occupancy or use by
any other person.C. Any unauthorized assignment or sublease shall be void, and shall terminate this
Lease Agreement at Landlord's option.XVI. Default: In the event Tenant shall be in default in the payment of rentals
hereunder or if Tenant shall default in any of the covenants herein contained and such default
continues for ___
( ) days after receipt of written notice by Tenant from Landlord, it shall be lawful for
Landlord to enter upon and take possession of said demised premises, and Landlord may
terminate this Lease and Tenant shall be liable at law for such forfeiture.
XVII. Landlord covenants and warrants that Landlord has the lawful right to lease the
herein demised premises.XVIII. Waste: Tenant, its assignees or sublessees shall not commit waste upon said
demised premises and at the expiration of this Lease will peaceably surrender possession of
demised premises to the then owners of said real estate in safe condition.
XIX. Peaceful Use: Landlord covenants that Landlord will put the Tenant into complete
possession of the premises as hereinbefore provided, and that, if the Tenant shall pay the rental
and perform all of the covenants and provisions of the Lease to be performed by Tenant, the
Tenant shall during the term demised, freely, peaceably and quietly occupy and enjoy the
possession of the premises hereby leased and the tenements, hereditaments and appurtenances
thereto belonging, and the rights and privileges herein granted, without molestation or hindrance,
lawful or otherwise.
XX. Landlord shall be allowed to use the demised premises in its discretion when Tenant
is not using said premises.XXI. Nothing contained herein shall be deemed or construed by the parties hereto, nor
by any third party, as creating a relationship of principal and agent or of partnership or of joint
venture between the parties hereto.XXII. Notices: All notices required under this Lease shall be deemed to be properly
served if delivered in writing personally or sent by certified mail with return receipt requested, to
-5- Tenant at _________________________________________________________, and to
Landlord at _________________________________________________,(Attention:
______________), or to any subsequent address which Tenant or Landlord designates in writing
to the other party for such purposes. Date of service of a notice served by mail shall be the date
on which such notice is deposited in a post office of the United States Post Office Department.XXIII. Alterations and Improvements:A. Tenant shall not improve or alter the demised premises in any manner without the
prior, express, and written consent of Landlord, but shall, before making any improvements or
alterations, submit plans and designs for such improvements or alterations to Landlord for its
approval. In the event that the plans and designs are disapproved, the improvements or
alterations shall be made only with such changes as may be required by Landlord.B. Furnishings, trade fixtures, and equipment installed by Tenant shall be the property of
Tenant and may be removed by Tenant at any time during the term of this Lease Agreement
provided that Tenant is not in default under this Lease Agreement. On termination of this Lease
Agreement, Tenant shall remove any such property. Tenant shall repair any damage to the
demised premises resulting from the installation or removal of such property. XXIV. Miscellaneous:A. No waiver of any condition or covenant of this Lease by either party shall be deemed
to imply or constitute a further waiver of the same or any other condition or covenant of said
Lease.B. The provisions of this Lease shall bind and inure to the benefit of the parties hereto,
their heirs, executors, administrators, successors and assigns.IN WITNESS WHEREOF, the parties hereto have set their hands on the day and year
above written. Tenant ____________________________,
Landlord
-6- By: ___________________________ ___________________________________________ ______________ _____________________________, Vice President of Finance and Campus Operations STATE OF ____________COUNTY OF __________Personally appeared before me, the undersigned authority at law in and for the aforesaid
jurisdiction, the within-named _____________________, personally known to me to be the
duly-constituted _____________________________ of _______________________________,
who acknowledged to me that he signed, executed and delivered the above and foregoing Lease
Agreement on the day and year therein mentioned, for and on behalf of the said
______________ _______________, having first been duly authorized so to do.GIVEN UNDER MY HAND and official seal of office, this the _______ day of
______________ _____.__________________________________NOTARY PUBLICMy Commission Expires:______________________STATE OF ____________COUNTY OF _______________Personally appeared before me, the undersigned authority at law in and for the aforesaid
jurisdiction, the within-named _________________________ who acknowledged to me that she
signed, executed and delivered the above and foregoing Lease Agreement on the day and year
therein mentioned.
-7- GIVEN UNDER MY HAND and official seal of office, this the _______ day of
______________ _____._________________________________________NOTARY PUBLICMy Commission Expires:______________________