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Business Lease Agreement – Business Rental Agreement

When To Use This Agreement

Our Business Lease Agreement is used when a business owner “the lessor” wishes to lease a business to a second party “the lessee” in return for a regular rental income. Situations like this are common where a loyal employee may take charge of a business and run it as his/her own for a fixed term.

The document defines the terms and conditions under which the business owner (the Lessor) leases the business to the New business manager (Lessee).

The Business Lease agreement can easily be modified to reflect any relevant specific conditions or agreements reached between the two parties. Standard items such as rent, lease term, business equipment, Use of the business name etc are thoroughly covered in the document.

Our Business Lease agreement will provide you with strong legal recourse should a misunderstanding arise or the other party fails to fulfil their obligations while under the agreement.

business lease agreement cover

The Contract Accounts for The Following Provisions:

  • Delivery of equipment
  • Insurance
  • Damage and loss
  • Limitation on Lessee’s Right to Assign, Lease, or Sublet Equipment
  • Covenants regarding possession and use of goods
  • Defences, Setoffs, Claims Against Lessor’s Assignee
  • Ownership of Business Equipment
  • Indicia of Lessor’s Ownership
  • Title to Business Equipment Unencumbered
  • Delivery of Business Equipment
  • Repairs to and Maintenance of Business Equipment
  • Insurance
  • Damage to Business Equipment
  • Introduction
  • Definitions
  • Lease of equipment
  • Term of Business Lease.
  • Extension of Term.
  • Rental.
  • Confidential information
  • Use of business name
  • Manual
  • Default
  • No set-off or withholding of payment
  • Assignment of Rights by the Lessor to Lender.
  • Ownership of equipment
  • Termination of Business Lease.
  • Severability
  • Applicable Law
  • Inspection
  • Fixing defects; Emergencies
  • The equipment as fixtures to land
  • Registration of vehicles
  • Name plates and identification of equipment
  • Dealings and seizures of goods
  • Return of documents
  • Write off or partial write off
  • Equipment used at Lessee’s risk
  • General responsibilities of the Lessee
  • Record Keeping
  • Marketing, advertising and promotions
  • Notices

Sample Business Lease Agreement Document Excerpt

Business Lease Agreement Sample of Document

Business Lease Agreement Sample of Document 2

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Benefits of business lease agreement template kits

Australian Law

Our Agreements are drafted to comply with Australian Law

Professionally Drafted

The agreements are professionally drafted by Australian Law Experts

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Easy to use

Plain English - No Legalese. Your Agreement is easy to use, edit and understand