New York · Standard edition

New York Commercial Lease Agreement Template

Create a New York commercial lease agreement online for an office, retail, or industrial space. The Standard lease covers the premises, term, rent and late payment, security deposit, permitted use, utilities and operating expenses, maintenance, alterations, insurance, indemnification, assignment, default and remedies, surrender, and New York rules for commercial leases.

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New York rules built into this template

  • New York law: The landlord will hold the security deposit in trust and will not mix it with the landlord's own money. If the landlord deposits it in a bank, the landlord will notify the tenant in writing of the name and address of the bank and the amount deposited (N.Y. Gen. Oblig. Law § 7-103).
  • Residential rules: most residential landlord-tenant protections, such as residential deposit caps and return deadlines, do not apply to a commercial lease, so the lease terms matter more.

What the Commercial Lease Agreement includes

  1. Premises
  2. Term
  3. Rent
  4. Late Payment
  5. Security Deposit
  6. Permitted Use and Compliance
  7. Utilities and Operating Expenses
  8. Maintenance and Repairs
  9. Alterations and Signs
  10. Insurance
  11. Indemnification
  12. Assignment and Subletting
  13. Entry by Landlord
  14. Default and Remedies
  15. Early Termination
  16. Surrender and Holdover
  17. Notices
  18. State Law
  19. General Provisions
  20. Governing Law

Frequently asked questions

What laws apply to a commercial lease in New York?
The landlord will hold the security deposit in trust and will not mix it with the landlord's own money. If the landlord deposits it in a bank, the landlord will notify the tenant in writing of the name and address of the bank and the amount deposited (N.Y. Gen. Oblig. Law § 7-103).
Can a commercial landlord lock out a tenant?
Generally a landlord must recover possession through the court process, and some states, such as Texas, regulate when a commercial landlord may change the locks. The Standard lease says the landlord will not use self-help except as the law expressly permits.
What is the difference between the Standard and Professional Commercial Lease Agreement?
The Standard edition is a complete, state-aware Commercial Lease Agreement for common situations. The Professional edition adds longer clause coverage, schedules, and optional modules for more complex matters. You can preview either edition free before you pay.

Commercial Lease Agreement templates for other states

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