Description
This Exclusive Lease Agreement is a 2-page international template designed to formalize the leasing terms between the Lessor and Lessee. It provides a clear and concise framework that ensures both parties understand their rights and obligations during the lease term.
Key features include:
- Lease Terms & Rental Period: Defines the start and end dates of the lease, rental amount, and payment terms, ensuring clarity and consistency.
- Exclusive Rental Rights: Grants the Lessee exclusive rights to the leased premises for the duration of the agreement.
- Utilities & Maintenance: Outlines responsibilities for utilities and maintenance, specifying which party is responsible for covering these costs.
- Possession & Rent Commencement: Clarifies when the Lessee will take possession of the premises and when rent payments begin.
- Default & Liquidated Damages: Includes provisions for liquidated damages in case of default by either party, offering legal protection for both the Lessor and Lessee.
This template is ideal for property owners, tenants, and real estate professionals looking for a straightforward and legally binding lease agreement suitable for use in various jurisdictions.