Delaware
Lease office, retail or industrial space to tenants with these downloadable Commercial Lease Forms for Delaware business premises. Save time and money with standard templates for landlords, property managers and tenants.
Title 25, Chapter 61 of the Delaware Constitution provides that if the landlord purchases utility services for a building and redistributes the services to its various tenants, it can collect the costs of those services from the tenants at the same rate that they would be billed by the public utility if it billed them directly.
Chapter 61 also provides that any property taxes paid by the tenant shall be set off against the rent for the commercial space. If the rent is not sufficient to pay off the entire amount, the tenant can demand repayment from the landlord.
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Delaware Assignment of Lease by Landlord
Delaware landlords, assign your tenant's lease to a new owner of the property with this easy-to-use Assignment of Lease by Landlord form.
- The Assignment is between the current landlord, the purchaser of the property (new landlord) and the tenant.
- The current landlord assigns the lease to the new landlord, and the tenant covenants to pay rent to the new owner and continue to perform the tenant's obligations under the lease.
- The current landlord and the purchaser agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
- This form can be used for either commercial or residential rental properties.
- Available in MS Word format.
- Intended to be used only in the State of Delaware.
$11.99
Delaware Commercial Lease Agreement
Lease office, retail shopping or other business space to a tenant with this standard-form Delaware Commercial Lease Agreement.
- The tenant has an option to renew the lease at the end of the term.
- Optional clauses for payment of the property taxes by either the landlord or the tenant, as agreed to between the parties.
- The tenant is responsible for carrying comprehensive public liability, fire and extended coverage insurance.
- Optional clauses included if (i) the landlord is responsible for mechanical and structural repairs, and (ii) if the tenant is responsible for all repairs.
- Parking areas are to be shared by all tenants and their employees and customers.
- Procedures in the event of damage, destruction, or condemnation of the building.
- The tenant accepts the lease subordinate to any mortgage or other lien against the property.
- The tenant agrees to provide an estoppel certificate upon request by the landlord.
- This lease template is a downloadable MS Word document.
- Intended for use only in the State of Delaware.
$29.99
Delaware Commercial Sublease Agreement
DE commercial tenants, sublet all or part of your space to a subtenant with this Delaware Commercial Sublease Agreement for office, retail shopping or other business premises.
- The subtenant must pay a security deposit to the original tenant.
- The subtenant pays the rent to the original tenant, who in turn pays the landlord.
- The original tenant must still perform its obligations under the head lease.
- The original tenant assigns its interest in the sublease to the landlord.
- The subtenant must pay the rent directly to the landlord if the original tenant defaults in any of its obligations under the head lease.
- This legal agreement template is available in MS Word format.
- Intended for use only in the State of Delaware.
$17.99
Delaware Commercial Triple Net Lease Agreement
Lease office, retail or other business premises to a tenant with this Delaware Commercial Triple Net Lease Agreement.
- Triple Net Lease. A triple net lease means that the lessee covers all costs and expenses to do with the premises including structural repairs.
- Renewal. The lessee has an option to renew the lease for an additional term.
- Taxes and Charges. The lessee will pay all expenses, taxes, levies, and charges with respect to the premises, all utilities and services, and operating expenses for its business.
- Insurance. The lessee is responsible for carrying fire, extended coverage, and liability insurance.
- Alterations and Repairs. The lessee is responsible for all alterations, improvements, maintenance and repairs.
- Damage or Destruction. Clauses outlining abatement of rent or termination of the lease the event of damage, destruction, or condemnation of the building.
- Subordination. The lessee agrees to sign a subordination agreement or other documents necessary to subordinate the lease to a mortgage or other charge, if required by the lessor.
- Additional Rent. Optional clause for percentage rent to be paid in addition to the base rent, if applicable.
$29.99
Delaware Guaranty of Commercial Lease
Secure the obligations of a corporate tenant / lessee under a commercial lease in the State of Delaware with this unconditional and continuing Guaranty of Commercial Lease.
- The guaranty is given by a principal of the company, such as a shareholder, partner, sole proprietor or some other person with a financial interest in the tenant.
- A guarantee of this type is typically required as an inducement to the lessor â„ landlord to sign the lease.
- The guarantor guarantees payment of all rent and other amounts due under the lease, including the payment of legal fees incurred by the landlord in enforcing the terms of the lease.
- This legal form template is provided in MS Word format and is fully editable to meet your exact needs.
- Intended for use only in the State of Delaware.
$17.99
Delaware Mutual Cancellation of Commercial Lease
Cancel a business lease of office or retail space with this Delaware Mutual Cancellation of Commercial Lease template.
- This agreement is for commercial tenants only. You need a different form for residential rental properties.
- Both the lessor and lessee mutually agree to terminate the lease as of a specific date.
- The cancellation of the lease extinguishes all the rights and obligations of the parties under the lease, except for those which accrue prior to the termination date.
- This form is available as a downloadable and fully editable Word document.
- Intended for use only in the State of Delaware.
$2.29
Delaware Renewal and Extension of Commercial Lease
Renew and extend a business tenant's lease with this downloadable Delaware Renewal and Extension of Commercial Lease form.
- The lease is renewed for an additional period (which can be a full lease term or whatever period of time the landlord and tenant agree to).
- The tenant has no further right to extend or renew the lease.
- The new rental amount for the extended term is set out.
- The remaining terms and provisions of the original lease remain in full force and effect.
- This form is for commercial leases only. You will need to use a different form for residential tenancies.
- Intended to be used only in the State of Delaware.
$6.29
