Michigan landlord lease agreement: Fill out & sign online

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Click ‘Get Form’ to open the commercial lease agreement in the editor.
Begin by filling in the date and names of both the Landlord and Tenant at the top of the document. Ensure that all addresses are accurate.
In Article I, specify the leased premises by entering the name of the Shopping Center and its legal description as outlined in Exhibit 'B'.
For Article II, input the fixed minimum rent amount and payment schedule. Be sure to include any percentage rent details if applicable.
Complete Article III by detailing Tenant’s records and reporting obligations regarding Gross Sales, ensuring compliance with all requirements.
Review Articles IV through XXVI for any additional clauses that may require your input, such as maintenance responsibilities or insurance obligations.
Once all fields are filled out accurately, utilize our platform's signing feature to electronically sign the document along with any required witnesses.

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Can I write up my own lease agreement?

A hand-written rental agreement is absolutely valid and enforceable. It doesnt need to be docHubd, but must be signed by both parties to the lease. Essential terms must be present in the writing, however.

What should a commercial lease include?

Typically, a commercial lease will cover the following matters: The type of property being let. The address of the property. The length of the tenancy, and whether it is a fixed term or a term that can be renewed periodically. The amount of rent charged, and when the rent will be paid.

What are common commercial lease terms?

There are several types of commercial lease terms a commercial tenant may see: Gross lease: The tenant pays only the base rent. Net lease: Also called a modified gross lease. Double net lease: The tenant pays base rent plus any two of tax, maintenance, or insurance. Triple net lease: Also called an NNN lease.

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