Warehouse Lease Agreement

Document Type: DOCX

Number of Pages: 4

Price: KES 150
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Summary

A Warehouse Lease Agreement is a legally binding real estate contract that outlines the terms and conditions under which a landlord allows a tenant to occupy and use a warehouse property for a specified period and purpose, typically for storage, distribution, or commercial activities.

Key Components:
1. Parties to the Agreement
2. Description of the Premises
3. Term of Lease
4. Rent and Payment Terms
5. Security Deposit
6. Permitted Use
7. Maintenance and Repairs
8. Utilities and Operational Costs
9. Alterations and Improvements
10. Insurance and Risk
11. Termination and Exit Clauses
12. Default and Remedies
13. Access Rights
14. Dispute Resolution Clause
15. Governing Law
16. Execution Clause

Purpose:
1.Define the Legal Relationship.
2. Protect Both Parties.
3. Authorize Use for Commercial Purpose.
4. Ensure Proper Maintenance and Liability Management.
5. Facilitate Dispute Resolution.

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Disclaimer: This document is not to be taken as legal advise.

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