[{"data":1,"prerenderedAt":524},["ShallowReactive",2],{"document-shop-tenancy-agreement-D13393":3},{"document":4,"label":20,"preview":11,"thumb":21,"thumb600":22,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":23,"breadcrumb":27,"related":35,"customDescModule":172,"customdescription":6,"mdFm":173,"mdProseHtml":523},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":16,"keywords":15},"SHOP TENANCY AGREEMENT This Shop Tenancy Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [FIRST PARTY NAME], (the \"Lessor\"), an individual OR a Company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [SECOND PARTY NAME], (the \"Lessee\") an individual OR a Company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] Collectively referred to as \"Parties\" and individually referred to with their respective names. WHEREAS, the Lessor is absolutely seized and possessed or otherwise well and sufficiently entitled to the premises at [SHOP ADDRESS] with a total area of [PROPERTY AREA] square feet (the \"Premises\"); WHEREAS, on the request of the Lessee, the Lessor has agreed to grant lease in respect of the demised Premises for a term of [LEASE TERM IN MONTHS OR YEARS] in the manner provided under the terms and conditions set forth below; NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: LEASE OF PREMISES The Lessor hereby demises unto the Lessee the shop situated at [SHOP ADDRESS] under the terms and conditions more fully set forth herein. PREMISES The Premises shall consist of the shop situated at [LEASE PROPERTY ADDRESS] containing approximately [SPECIFY AREA] rentable square feet construction, together with all the fixtures and fittings therein, together with the electrical installations and the right for the Lessee, its employees, servants, agents, customers and persons authorized by the Lessor to use the entrances, doorways, entrance hall, staircases, landings and passages in the Premises for the purpose of ingress thereto. TERM The Lease term (the \"Term\") shall be for the period of [LEASE TERM IN MONTHS OR YEARS] commencing from the [LEASE DEED START DATE]. LEASE COMMENCEMENT DATE The \"Lease Commencement Date\" shall be the date the Lessee takes occupancy of the Premises for the conduct of the Lessee's intended business. RENT AND FINANCIAL MATTERS Security Deposit. The Lessee shall be required to deliver the security deposit of the amount of [AMOUNT OF SECURITY DEPOSIT]. Rental Obligation. Commencing on the Lease Commencement Date, the Lessee shall be obligated to pay and shall pay Basic [MONTHLY OR ANNUAL] Rent of [AMOUNT OF RENT] to be payable by [DATE OF PAYMENT]. UTILITIES Effective as of the Lease Commencement Date, all utilities shall be transferred directly to accounts in the Lessee's name and the Lessee shall pay directly to all utility providers all charges respecting the Leased Premises incurred during the Term. In furtherance of the foregoing and for the avoidance of doubt, it is the intent of this Lease that the Lessee arranges for and pay directly to the applicable utility providers the cost of all electricity, gas and other utility charges used at the Premises. The Lessee shall pay on a timely basis to the appropriate utility or other supplier all charges for gas, steam, electricity, light, heat, power, telephone, water, metered or unmetered sprinkler, sewerage and all other utility and communication services, used, rendered and/or supplied upon or in connection with the Premises to the extent not paid by the Lessor and reimbursed by the Lessee as a part of the Operating Expenses. Upon request, the Lessee shall promptly furnish the Lessor with copies of all paid receipts for such utility charges. All such utility charges shall be appropriately adjusted between the Parties as of the Lease Commencement Date, and again as of the expiration or sooner termination of this Lease. CONDITIONS OF LESSEE'S OCCUPANCY AND POSSESSION The Lessee shall pay the rent as aforesaid on the days and in the manner aforesaid. The Lessee shall use the Premises only for general office use and uses for the Lessee's business ancillary thereto, including, but not limited to cafeteria, data center, conference center, fitness center, continuing education and conferencing purposes, archives and records and similar office type legally permissible ancillary uses in connection with the Lessee's business. In no event will smoking be permitted within the Premises. The Lessee agrees to be bound by all laws, requirements, rules, orders, ordinances, zoning and restrictive covenants applicable to the Lessee's use of the Leased Premises, whether in force on or after the Lease Commencement Date. The Lessee shall not make any structural alterations into or upon the Premises or make any alterations or additions to the external appearance or any part of the Premises without the previous consent of the Lessor in writing. The Lessee shall keep the interior and exterior of the demised Premises, and the drainage thereof in good and tenable repair and condition. That on the Lessee paying the rent on the due dates thereof and in the manner herein provided and observing and performing the convents, conditions and stipulations herein contained and, on his part, to be observed and performed, shall peaceably and quietly hold, possess and enjoy the Premises during the Term without any interruption, disturbance, claim and demand by the Lessor or any Person lawfully claiming under or trust for the Lessor. ACCEPTANCE OF PREMISES The taking of possession of the Premises by the Lessee on the Lease Commencement Date shall constitute an acknowledgment by the Lessee that the Leased Premises are in good condition. Upon the Lessor's request, the Lessee shall provide written confirmation of the foregoing. LESSOR'S RIGHTS AND RESPONSIBILITIES Access. The Lessor or its authorized agent or representative will have the right to enter and examine the Premises, except for secured areas, for any reasonable purpose with at least two (2) Business Days' prior written notice to the Lessee and in the presence of a designated Lessee representative or at any time in the event of an emergency. If the Leased Premises are accessed by the Lessor or its authorized representatives in the case of an emergency, the Lessor shall inform the Lessee in writing within twenty-four (24) hours after such emergency, indicating the nature of the situation and the outcome. The Lessor shall make such repairs and replacements to the Structural Portions of the Premises as required by Best Management Practices. In making such repairs and replacements, the Lessor shall use its reasonable efforts to see that its contractors, subcontractors, agents, invitees, etc. do not generate noise or dirt or undertake any activities which unreasonably interfere with the conduct of the Lessee's business at the Leased Premises. INDEMNIFICATION ",null,"Shop Tenancy Agreement","6",513,"doc","https://templates.business-in-a-box.com/imgs/1000px/shop-tenancy-agreement-D13393.png","https://templates.business-in-a-box.com/imgs/250px/13393.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13393.xml",{"title":15,"description":6},"shop tenancy agreement",[17],{"label":18,"url":19},"Business Plan Kit","/templates/business-plan-kit/","Shop Tenancy Agreement Template","https://templates.business-in-a-box.com/imgs/400px/13393.png","https://templates.business-in-a-box.com/imgs/600px/13393.png",[24,17],{"label":25,"url":26},"Templates","/templates/",[28,29,32],{"label":25,"url":26},{"label":30,"url":31},"Legal Agreements","/templates/business-legal-agreements/",{"label":33,"url":34},"Real Estate & Leases","/templates/real-estate-and-leases/",[36,40,44,48,52,56,60,64,68,72,76,80,84,102,119,133,145,158],{"label":37,"url":38,"thumb":39,"extension":10},"Bridal Shop Retail Plan","/template/bridal-shop-retail-plan-D11934","https://templates.business-in-a-box.com/imgs/250px/11934.png",{"label":41,"url":42,"thumb":43,"extension":10},"Coffee Shop Business Plan","/template/coffee-shop-business-plan-D11941","https://templates.business-in-a-box.com/imgs/250px/11941.png",{"label":45,"url":46,"thumb":47,"extension":10},"Flower Shop Business Plan","/template/flower-shop-business-plan-D11978","https://templates.business-in-a-box.com/imgs/250px/11978.png",{"label":49,"url":50,"thumb":51,"extension":10},"Auto Repair Shop Business Plan","/template/auto-repair-shop-business-plan-D11929","https://templates.business-in-a-box.com/imgs/250px/11929.png",{"label":53,"url":54,"thumb":55,"extension":10},"Flower Shop Business Plan 3","/template/flower-shop-business-plan-3-D11977","https://templates.business-in-a-box.com/imgs/250px/11977.png",{"label":57,"url":58,"thumb":59,"extension":10},"RV Repair Shop Business Plan","/template/rv-repair-shop-business-plan-D12053","https://templates.business-in-a-box.com/imgs/250px/12053.png",{"label":61,"url":62,"thumb":63,"extension":10},"Agreement to Lease","/template/agreement-to-lease-D1164","https://templates.business-in-a-box.com/imgs/250px/1164.png",{"label":65,"url":66,"thumb":67,"extension":10},"Exclusive Lease Agreement","/template/exclusive-lease-agreement-D12808","https://templates.business-in-a-box.com/imgs/250px/12808.png",{"label":69,"url":70,"thumb":71,"extension":10},"Land Lease Agreement","/template/land-lease-agreement-D13423","https://templates.business-in-a-box.com/imgs/250px/13423.png",{"label":73,"url":74,"thumb":75,"extension":10},"Rent To Own Agreement","/template/rent-to-own-agreement-D12666","https://templates.business-in-a-box.com/imgs/250px/12666.png",{"label":77,"url":78,"thumb":79,"extension":10},"Storage Lease Agreement","/template/storage-lease-agreement-D13779","https://templates.business-in-a-box.com/imgs/250px/13779.png",{"label":81,"url":82,"thumb":83,"extension":10},"Lease Assignment Agreement","/template/lease-assignment-agreement-D13021","https://templates.business-in-a-box.com/imgs/250px/13021.png",{"description":85,"descriptionCustom":6,"label":86,"pages":87,"size":88,"extension":10,"preview":89,"thumb":90,"svgFrame":91,"seoMetadata":92,"parents":93,"keywords":100,"url":101},"COMMERCIAL LEASE AGREEMENT This Lease Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Landlord\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [TENANT NAME] (the \"Tenant\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] DESCRIPTION OF PREMISES Landlord leases to Tenant the premises located at [address], [city], [state], and described more particularly as follows: [insert legal description]. GRANT OF LEASE Landlord, in consideration of the rents to be paid and the covenants and agreements to be performed and observed by the Tenant, does hereby lease to the Tenant and the Tenant does hereby lease and take from the Landlord the property described in Exhibit \"A\" attached hereto and by reference made a part hereof (the \"Leased Premises\"), together with, as part of the parcel, all improvements located thereon. LEASE TERM Total Term of Lease: The term of this Lease shall begin on the commencement date, as defined in Section b) of this Article 3, and shall terminate on [DATE]. Commencement Date: The \"Commencement Date\" shall mean the date on which the Tenant shall commence to conduct business on the Leased Premised, so long as such date is not in excess of [NUMBER] days subsequent to execution hereof. EXTENSIONS The parties hereto may elect to extend this Agreement upon such terms and conditions as may be agreed upon in writing and signed by the parties at the time of any such extension. DETERMINATION OF RENT The Tenant agrees to pay the Landlord and the Landlord agrees to accept, during the term hereof, at such place as the Landlord shall from time to time direct by notice to the Tenant, rent at the following rates and times: Annual Rent: Annual rent for the term of the Lease shall be [AMOUNT], plus applicable sales tax. Payment of Yearly Rent: The annual rent shall be payable in advance in equal monthly installments of one-twelfth (1/12th) of the total yearly rent, which shall be [AMOUNT], on the first day of each and every calendar month during the term hereof, and prorata for the fractional portion of any month, except that on the first day of the calendar month immediately following the Commencement Date, the Tenant shall also pay to the Landlord rent at the said rate for any portion of the preceding calendar month included in the term of this Lease. Reference to yearly rent hereunder shall not be implied or construed to the effect that this Lease or the obligation to pay rent hereunder is from year to year, or for any term shorter than the existing Lease term, plus any extensions as may be agreed upon. A late fee in the amount of [AMOUNT] shall be assessed if payment is not postmarked or received by Landlord on or before the tenth day of each month. USE OF PROPERTY BY TENANT The Leased Premises may be occupied and used by Tenant exclusively as a [DESCRIBE], to be known as a [DESCRIBE]. Nothing herein shall give Tenant the right to use the property for any other purpose or to sublease, assign, or license the use of the property to any Sub-Tenant, assignee, or licensee, which or who shall use the property for any other use. RESTRICTIONS ON USE Tenant shall not use the demised premises in any manner that will increase risks covered by insurance on the demised premises and result in an increase in the rate of insurance or a cancellation of any insurance policy, even if such use may be in furtherance of Tenant's business purposes. Tenant shall not keep, use, or sell anything prohibited by any policy of fire insurance covering the demised premises, and shall comply with all requirements of the insurers applicable to the demised premises necessary to keep in force the fire and liability insurance. WASTE, NUISANCE, OR UNLAWFUL ACTIVITY Tenant shall not allow any waste or nuisance on the demised premises, or use or allow the demised premises to be used for any unlawful purpose. DELAY IN DELIVERING POSSESSION This lease agreement shall not be rendered void or voidable by the inability of Landlord to deliver possession to Tenant on the date set forth in Section 3. Landlord shall not be liable to Tenant for any loss or damage suffered by reason of such a delay; provided, however, that Landlord does deliver possession no later than [date]. In the event of a delay in delivering possession, the rent for the period of such delay will be deducted from the total rent due under this lease agreement. No extension of this lease agreement shall result from a delay in delivering possession. SECURITY DEPOSIT The Tenant has deposited with the Landlord the sum of [AMOUNT] as security for the full and faithful performance by the Tenant of all the terms of this lease required to be performed by the Tenant. Such sum shall be returned to the Tenant after the expiration of this lease, provided the Tenant has fully and faithfully carried out all of its terms. In the event of a bona fide sale of the property of which the leased premises are a part, the Landlord shall have the right to transfer the security to the purchaser to be held under the terms of this lease, and the Landlord shall be released from all liability for the return of such security to the Tenant. TAXES Property Taxes: The Tenant shall be liable for all taxes levied against any leasehold interest of the Tenant or personal property and trade fixtures owned or placed by the Tenant in the Leased Premises. Real Estate Taxes: During the continuance of this lease Landlord shall deliver to Tenant a copy of any real estate taxes and assessments against the Leased Property. From and after the Commencement Date, the Tenant shall pay to Landlord not later than [NUMBER] days after the day on which the same may become initially due, all real estate taxes and assessments applicable to the Leased Premises, together with any interest and penalties lawfully imposed thereon as a result of Tenant's late payment thereof, which shall be levied upon the Leased Premises during the term of this Lease. Contest of Taxes: The Tenant, at its own cost and expense, may, if it shall in good faith so desire, contest by appropriate proceedings the amount of any personal or real property tax. The Tenant may, if it shall so desire, endeavor at any time or times, by appropriate proceedings, to obtain a reduction in the assessed valuation of the Leased Premises for tax purposes. In any such event, if the Landlord agrees, at the request of the Tenant, to join with the Tenant at Tenant's expense in said proceedings and the Landlord agrees to sign and deliver such papers and instruments as may be necessary to prosecute such proceedings, the Tenant shall have the right to contest the amount of any such tax and the Tenant shall have the right to withhold payment of any such tax, if the statute under which the Tenant is contesting such tax so permits. Payment of Ordinary Assessments: The Tenant shall pay all assessments, ordinary and extraordinary, attributable to or against the Leased Premises not later than [NUMBER] days after the day on which the same became initially due. The Tenant may take the benefit of any law allowing assessments to be paid in installments and in such event the Tenant shall only be liable for such installments of assessments due during the term hereof. ","Commercial Lease Agreement","19",145,"https://templates.business-in-a-box.com/imgs/1000px/lease-agreement-D1179.png","https://templates.business-in-a-box.com/imgs/250px/1179.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1179.xml",{"title":6,"description":6},[94,97],{"label":95,"url":96},"Real Estate","real-estate-business",{"label":98,"url":99},"Business Checklists","business-checklists","lease agreement","/template/lease-agreement-D1179",{"description":103,"descriptionCustom":6,"label":104,"pages":105,"size":9,"extension":10,"preview":106,"thumb":107,"svgFrame":108,"seoMetadata":109,"parents":111,"keywords":110,"url":118},"OFFICE SPACE POLICY INTRODUCTION The Office Space Policy of [COMPANY NAME] outlines the guidelines and procedures for the use and management of office space within our organization. This Policy is designed to promote a productive, safe, and respectful work environment for all employees. PURPOSE The purpose of this Policy is to: Define the principles governing the allocation and use of office space. Promote efficient space utilization. Ensure the safety, security, and well-being of employees. OFFICE SPACE ALLOCATION Office space allocation is primarily based on job function, seniority, and operational requirements. Decisions regarding office space allocation will be made by [COMPANY NAME] management. SHARED SPACES Shared office spaces, such as cubicles, open workstations, and meeting rooms, are available for employees who do not have dedicated offices. These spaces are allocated based on operational needs and may be rotated or reassigned as required. OFFICE ORGANIZATION Offices and workspaces should be kept clean, organized, and free from clutter. Personal items should be kept to a reasonable minimum to facilitate cleaning and maintenance. DECORATION AND PERSONALIZATION Employees may personalize their workspace within reasonable limits. Decorations should not disrupt the work environment, impede the flow of foot traffic, or violate any policies regarding offensive or inappropriate content. SAFETY AND SECURITY All employees are responsible for maintaining the safety and security of their workspace. This includes keeping walkways clear, ensuring electrical equipment is in good condition, and reporting any safety hazards promptly. ACCESS CONTROL ","Office Space Policy","3","https://templates.business-in-a-box.com/imgs/1000px/office-space-policy-D13740.png","https://templates.business-in-a-box.com/imgs/250px/13740.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13740.xml",{"title":110,"description":6},"office space policy",[112,115],{"label":113,"url":114},"Human Resources","human-resources",{"label":116,"url":117},"Company Policies","company-policies","/template/office-space-policy-D13740",{"description":120,"descriptionCustom":6,"label":121,"pages":122,"size":9,"extension":10,"preview":123,"thumb":124,"svgFrame":125,"seoMetadata":126,"parents":128,"keywords":127,"url":132},"LANDLORD CONSENT TO SUBLEASE AGREEMENT This Landlord Consent to Sublease (the \"Agreement\") is effective [DATE], BETWEEN: [THE LANDLORD'S NAME], (the \"Landlord\") an individual with their main address located at: [YOUR COMPLETE ADDRESS] AND: [THE TENANT'S NAME], (the \"Tenant\") an individual with their main address located at: [COMPLETE ADDRESS] AND: [THE SUBTENANT'S NAME], (the \"Subtenant\") an individual with their main address located at: [COMPLETE ADDRESS] The Landlord, the Tenant and the Subtenant shall be collectively referred to as \"Parties\" and individually as \"Party.\" WHEREAS, The Landlord is the owner of the property in question, located at [ADDRESS OF THE PROPERTY] (the \"Property\"); WHEREAS, The Landlord as Lessor, and the Tenant, as Lessee, entered into a lease agreement covering the Property, a copy of which is attached as Exhibit A (the \"Lease\"); WHEREAS, The Tenant wishes to sublease its right and obligations as Lessee under the Lease to the Subtenant, and the Subtenant wishes to accept the Sublease of the Lease and assume these obligations on the terms set forth in this Agreement. NOW, THEREFORE THE PARTIES HERETO AGREE AS FOLLOWS: CONSENT TO SUBLEASE The Landlord hereby consents the Tenant's Sublease of the Lease to the Subtenant on the terms of the Sublease of the Lease, a copy of which is attached as Exhibit B (the \"Sublease\"). The Landlord's consent to the Sublease does not constitute consent to any subsequent subleases or assignments of the Property. The Tenant shall provide the Landlord with a fully executed copy of the Sublease promptly after it is signed. CONTINUING LIABILITY OF TENANT The Tenant acknowledges that: It remains primarily liable for, and is not released from, the performance of all terms of the Lease, notwithstanding the Landlord's consent to the Sublease or any breach committed by the Subtenant under the Sublease, and The Landlord may pursue any remedies available if the Tenant breaches the Lease, without regard to the performance by the Subtenant of the terms of the Sublease. The Tenant shall be responsible for the collection of all Rent due it from the Subtenant, and for the performance of all the other terms and conditions of the Sublease. CONTINUING EFFECTIVENESS OF LEASE All other terms of the Lease remain in full force and effect, including the prohibition against further assignments and subleases without the Landlord's express written consent. MONTHLY BASIC RENT The Rent due from the Subtenant under the Sublease is not greater than the Rent due from the Tenant under the Lease. The Subtenant must pay monthly Rent of [MONTHLY RENT DUE], payable by [METHOD OF PAYMENT] on the [DAY OF MONTH] of each month as of [START DATE] until [END DATE]. SUBLEASE SUBORDINATE TO THE LEASE The Sublease is subject and subordinate to the Lease. Neither the Tenant nor the Subtenant may do or permit anything to be done in connection with the Sublease or the Subtenant's occupancy of the Property that would violate the Lease. SUBLEASE AGREEMENT The Tenant and the Subtenant hereby represent that a true and complete copy of the Sublease is attached hereto and made a part hereof as Exhibit B, and the Tenant and the Subtenant agree that the Sublease shall not be modified without the Landlord's prior written consent, which consent shall not be unreasonably withheld, conditioned, or delayed. REPRESENTATIONS The Landlord hereby represents and warrants, as of the date hereof, that (i) the Landlord has full power and authority to enter into this Agreement, (ii) the Lease is in full force and effect, (iii) to the best of the Landlord's knowledge, the Tenant is not in default thereunder; and (iv) the Landlord has received no notice that it is in default under the Lease nor has the Landlord any knowledge of the existence of any condition or the occurrence of any event, which, if not acted on in a timely fashion, would result in the Tenant's default under the Lease. NO TRANSFER The Subtenant shall not further sublease the Sublet Premises, assign its interest as the Subtenant under the Sublease or otherwise transfer its interest in the Sublet Premises or the Sublease to any person or entity. NON-DISTURBANCE OF SUBTENANT","Landlord Consent To Sublease Agreement","7","https://templates.business-in-a-box.com/imgs/1000px/performance-form-2018-19-copy-D13019.png","https://templates.business-in-a-box.com/imgs/250px/13019.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13019.xml",{"title":127,"description":6},"landlord consent to sublease agreement",[129,131],{"label":30,"url":130},"business-legal-agreements",{"label":30,"url":130},"/template/landlord-consent-to-sublease-agreement-D13019",{"description":134,"descriptionCustom":6,"label":135,"pages":8,"size":9,"extension":10,"preview":136,"thumb":137,"svgFrame":138,"seoMetadata":139,"parents":141,"keywords":140,"url":144},"RENEWAL AGREEMENT This Renewal Agreement (the \"Agreement\") is made and effective this [DATE], BETWEEN: [COMPANY NAME] (the \"Company\") a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], [COUNTRY], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [DISTRIBUTOR NAME] (the \"Distributor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, the Company and the Distributor entered into a Distribution Agreement dated [ORIGINAL AGREEMENT DATE] (the \"Original Agreement\"); WHEREAS, the Parties wish to renew the Original Agreement under the terms and conditions set forth herein. IT IS HEREBY AGREED THAT: Term 1.1 The term of this Agreement shall be for a period of [NUMBER OF YEARS] years commencing on [RENEWAL START DATE], and terminating on [RENEWAL END DATE], subject to any renewal of the Agreement pursuant to Section 6 hereof and subject to earlier termination of this Agreement pursuant to Section 5 hereof (the \"Term\"). MODIFICATIONS TO ORIGINAL AGREEMENT 2.1 Pricing and Payment Terms: [SPECIFY ANY CHANGES TO PRICING, PAYMENT SCHEDULES, OR PAYMENT METHODS.] 2.2 Territory: [SPECIFY ANY CHANGES TO THE GEOGRAPHIC TERRITORY COVERED BY THE AGREEMENT.] 2.3 Products: [SPECIFY ANY CHANGES TO THE PRODUCTS COVERED BY THE AGREEMENT, INCLUDING ADDITIONS OR DELETIONS.] 2.4 Performance Requirements: [SPECIFY ANY CHANGES TO PERFORMANCE REQUIREMENTS, SUCH AS SALES TARGETS OR MARKETING COMMITMENTS.] 2.5 Reporting and Compliance: [SPECIFY ANY CHANGES TO REPORTING REQUIREMENTS OR COMPLIANCE OBLIGATIONS.] 2.6 Other Modifications: [INCLUDE ANY OTHER MODIFICATIONS TO THE ORIGINAL AGREEMENT.] CONTINUING TERMS 3.1 Except as expressly modified by this Agreement, all terms and conditions of the Original Agreement shall remain in full force and effect during the Renewal Term. In the event of any conflict between the terms of this Agreement and the Original Agreement, the terms of this Agreement shall control. COMPENSATION 4.1 Fee: In consideration of the services to be provided by the Distributor throughout the Term, the Company shall pay the Distributor a total fee of [AMOUNT] in [CURRENCY], payable in [SPECIFY PAYMENT TERMS]. 4.2 Additional Services: Any services outside the scope of this Agreement shall be considered additional services and will be billed at the rate of [HOURLY/DAY RATE] in [CURRENCY], upon the prior written consent of the Company. TERMINATION OF AGREEMENT 5.1 Termination for Just Cause: The Company may terminate this Agreement at any time for Just Cause (as hereinafter defined) without payment of any compensation either by way of anticipated earnings or damages of any kind. For the purposes of this Agreement, \"Just Cause\" means the continued breach of this Agreement by the Distributor after [NUMBER] written warnings to such effect, deliberate action to injure or show disloyalty to the Company, or theft or fraud against the Company. 5.2 Termination due to Incapacity: Notwithstanding any other provisions of this Agreement, the Company may terminate this Agreement at any time upon [NUMBER OF WEEKS] weeks prior written notice if the Distributor has not been able to perform the services for a period of [NUMBER OF MONTHS] consecutive months. In the case of disability or incapacity of the Distributor, the Company may, however, provide the services of another individual to temporarily perform the services so long as such individual performs such services to the satisfaction of the Company. 5.3 Return of Property: Upon any termination of this Agreement for any reason whatsoever, the Distributor shall at once deliver to the Company all books, documents, effects, money, securities, or other property belonging to the Company which are in the possession, charge, control, or custody of the Distributor. RENEWAL OF AGREEMENT 6.1 The Company may offer to renew this Agreement in accordance with the terms and conditions hereof for further periods of [NUMBER OF YEAR(S)] year(s) each by giving notice in writing to the Distributor not later than [NUMBER OF MONTHS] months prior to the expiry of the Term or the renewal thereof. Such notice shall include the Company's proposals for any changes in terms or conditions of this Agreement. The Distributor shall communicate its acceptance of such offer by giving notice in writing thereof to the Company no later than [NUMBER OF WEEKS] weeks after receipt of the said offer. Any proposed changes in fees or other terms and conditions shall be agreed upon in writing between the Parties. 6.2 Failing such renewal and acceptance thereof, this Agreement shall terminate at the end of the Term or of the renewal term, as the case may be, without further notice and termination payments. SEVERABILITY 7.1 If a court of competent jurisdiction adjudges, declares, or decrees any portion of this Agreement void or unenforceable, such portion shall, automatically and without further act on the part of the Parties hereto, be reduced in scope, territory, or duration of time to such an extent that the court would hold the same to be enforceable in the circumstances before the court, or, if the court is unwilling to do so, shall be deemed void and severed here from. WAIVER RESTRICTIONS 8.1 The failure of either Party hereto at any time to require strict performance of any of the terms and conditions hereof by the other Party hereto shall not be construed as a waiver or relinquishment of any such term or condition, nor shall such failure be construed to waive, relinquish, or diminish the former's right thereafter to demand strict compliance therewith or with any other provisions of this Agreement. The waiver of any default shall not operate as a waiver of any other default or of the same type of default on a future occasion, and no waiver hereunder shall be effective unless it is in writing and signed by the Party granting such waiver. SUCCESSOR RIGHTS 9.1 This Agreement shall to the benefit of and be binding upon the Parties hereto and their respective heirs, executors, legal representatives, and successors","Renewal Agreement","https://templates.business-in-a-box.com/imgs/1000px/renewal-agreement-D14046.png","https://templates.business-in-a-box.com/imgs/250px/14046.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#14046.xml",{"title":140,"description":6},"renewal agreement",[142,143],{"label":30,"url":130},{"label":30,"url":130},"/template/renewal-agreement-D14046",{"description":146,"descriptionCustom":6,"label":147,"pages":105,"size":9,"extension":10,"preview":148,"thumb":149,"svgFrame":150,"seoMetadata":151,"parents":153,"keywords":156,"url":157},"[DATE] [CONTACT NAME] [ADDRESS] [ADDRESS 2] [CITY, STATE/PROVINCE] [ZIP/POSTAL CODE] SUBJECT: LETTER OF INTENT-ACQUISITION OF BUSINESS Dear [CONTACT NAME]: This letter (\"Letter of Intent\") sets forth the basic preliminary terms between the Buyer or his nominee and yourselves regarding the purchase of the [SPECIFY] business (the \"Business\") carried on by yourselves. Except as specifically set forth herein, this Letter of Intent shall not constitute an agreement between the parties and no agreement shall be deemed to exist until execution of a definitive purchase agreement. It is proposed that Buyer will acquire certain assets of the Business which Buyer believes to be necessary to the future of the Business, including the warehouse in [CITY/STATE] in which [COMPANY NAME] the Company has invested [AMOUNT] in cash and which has been financed by a mortgage loan of approximately [AMOUNT] granted by the [SPECIFY COMPANY] [CITY/STATE]. Buyer understands that the said warehouse has no other charges or liabilities affecting it other than the said mortgage loan. Buyer may either purchase the warehouse outright or enter into a lease-purchase or instalment transfer of ownership which is satisfactory to both parties. The gross purchase price for the said warehouse will be [AMOUNT]. Buyer may purchase or lease barrels and other equipment currently owned by the Company which are necessary to operate the Business, on a cash or instalment basis agreeable to both parties. The specific assets to be purchased and the amounts to be paid by Buyer in connection with this transaction remain to be negotiated by the parties. This Letter of Intent also evidences the intentions of the parties with respect to the following agreements: Buyer will enter into a [NUMBER]-year employment agreement with [COMPANY NAME], providing for the Company will be responsible for the purchase of [SPECIFY] for Buyer. The agreement will contain the customary terms and conditions found in employment agreements in similar transactions and will provide for the usual non-competition and non-solicitation covenants to be entered into by the Company in favour of Buyer. It is expressly understood that if the contemplated transaction is consummated, the aggregate amount of commission paid or payable to yourselves (net of reasonable expenses acceptable to Buyer) in respect of all purchases of [SPECIFY] made through you from the date of this Letter of Intent to the date of closing, with the exception of commissions earned on the [NUMBER] truckloads of [SPECIFY] to be delivered to Buyer during the week of [DATE] to [DATE], will be applied against remuneration payable to the Company in the first year of his employment agreement. If the contemplated transaction is not consummated, all such commissions paid or payable will be treated as commissions. Buyer will enter into a [NUMBER]-year employment agreement with [EMPLOYEE NAME], providing for the payment of a gross base salary of [ANNUAL SALARY] per year, to be paid weekly, subject to annual review. [EMPLOYEE NAME] will be President of the Business and the employment agreement will provide for health benefits, automobile, expenses and bonus arrangements","Letter of Intent_Acquisition of Business","https://templates.business-in-a-box.com/imgs/1000px/letter-of-intent_acquisition-of-business-D5197.png","https://templates.business-in-a-box.com/imgs/250px/5197.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#5197.xml",{"title":152,"description":6},"letter of intent_acquisition of business",[154,155],{"label":30,"url":130},{"label":30,"url":130},"letter intent_acquisition business","/template/letter-of-intent_acquisition-of-business-D5197",{"description":159,"descriptionCustom":6,"label":160,"pages":105,"size":9,"extension":10,"preview":161,"thumb":162,"svgFrame":163,"seoMetadata":164,"parents":166,"keywords":165,"url":171},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":165,"description":6},"non disclosure agreement nda",[167,168],{"label":30,"url":130},{"label":169,"url":170},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",false,{"seo":174,"reviewer":187,"legal_disclaimer":191,"quick_facts":192,"at_a_glance":194,"personas":198,"variants":223,"glossary":251,"clauses":288,"how_to_fill":339,"common_mistakes":380,"faqs":405,"industries":433,"comparisons":450,"diy_vs_lawyer":464,"jurisdictions":477,"educational_modules":498,"related_template_ids_curated":502,"schema":511,"classification":512},{"meta_title":175,"meta_description":176,"primary_keyword":177,"secondary_keywords":178},"Shop Tenancy Agreement Template (Free Word)","Free shop tenancy agreement template for retail landlords and tenants. Covers rent, deposit, permitted use, fit-out, repairs, insurance, and termination. Free Word and PDF download.","shop tenancy agreement template",[179,180,181,182,183,184,185,186],"commercial lease agreement template","retail lease agreement template","shop lease agreement template","commercial tenancy agreement template","retail tenancy agreement free","shop lease template word","commercial rental agreement template","retail space lease template",{"name":188,"credential":189,"reviewed_date":190},"Bruno Goulet","CEO, Business in a Box","2026-05-02",true,{"difficulty":193,"legal_review_recommended":191,"signature_required":191,"notarization_required":172},"advanced",{"what_it_is":195,"when_you_need_it":196,"whats_inside":197},"A Shop Tenancy Agreement is a legally binding commercial lease between a landlord and a retail tenant that governs the occupation of a shop or retail premises. This free Word download covers rent, lease term, security deposit, permitted use, fit-out rights, repair obligations, insurance, assignment, and termination — in a single document you can edit online and export as PDF for execution.\n","Use it before a retail tenant takes possession of any shop, boutique, kiosk, or commercial unit where the primary purpose is selling goods or services to the public. It replaces verbal arrangements and informal letters of intent with enforceable written terms.\n","Parties and premises description, lease term and renewal options, base rent and rent review mechanism, security deposit, permitted use and trading hours, fit-out and alterations rights, landlord and tenant repair obligations, insurance requirements, assignment and subletting, and termination and default provisions.\n",[199,203,207,211,215,219],{"title":200,"use_case":201,"icon_asset_id":202},"Independent retailers","Leasing a first shopfront from a private landlord or small property owner","persona-retailer",{"title":204,"use_case":205,"icon_asset_id":206},"Property investors and landlords","Formalizing retail tenancies across single or multi-unit commercial properties","persona-property-investor",{"title":208,"use_case":209,"icon_asset_id":210},"Franchise operators","Securing a high-street or mall location that meets franchisor site criteria","persona-franchise-applicant",{"title":212,"use_case":213,"icon_asset_id":214},"Pop-up and short-term retailers","Documenting a fixed-term seasonal or trial retail tenancy of 3–12 months","persona-small-business-owner",{"title":216,"use_case":217,"icon_asset_id":218},"Commercial property managers","Standardizing lease terms across a portfolio of retail units on behalf of landlords","persona-operations-director",{"title":220,"use_case":221,"icon_asset_id":222},"Startup founders opening a first physical store","Entering a retail lease without a dedicated legal team or property advisor","persona-startup-founder",[224,227,231,235,239,243,247],{"situation":225,"recommended_template":86,"slug":226},"Leasing an entire commercial building rather than a single retail unit","lease-agreement-D1179",{"situation":228,"recommended_template":229,"slug":230},"Leasing office space rather than customer-facing retail premises","Office Space Lease Agreement","office-space-policy-D13740",{"situation":232,"recommended_template":233,"slug":234},"Short-term or month-to-month retail occupation with no fixed term","Month-to-Month Commercial Lease","month-to-month-lease-agreement-D12660",{"situation":236,"recommended_template":237,"slug":238},"Subleasing a portion of existing retail space to another business","Sublease Agreement","landlord-consent-to-sublease-agreement-D13019",{"situation":240,"recommended_template":241,"slug":242},"Leasing a food service or restaurant unit with kitchen and extraction","Restaurant Lease Agreement","restaurant-partnership-agreement-D14050",{"situation":244,"recommended_template":245,"slug":246},"Tenant needs to capture agreed pre-lease terms before full lease is drafted","Letter of Intent (Commercial Lease)","letter-of-intent-D12655",{"situation":248,"recommended_template":249,"slug":250},"Renewing or extending an existing retail tenancy at new terms","Lease Renewal Agreement","renewal-agreement-D14046",[252,255,258,261,264,267,270,273,276,279,282,285],{"term":253,"definition":254},"Base Rent","The fixed periodic payment the tenant pays to the landlord for the right to occupy the premises, excluding any variable charges such as outgoings or turnover rent.",{"term":256,"definition":257},"Security Deposit","A sum paid by the tenant at the start of the tenancy, held by the landlord as security against unpaid rent, damage, or breach of lease terms.",{"term":259,"definition":260},"Permitted Use","The specific trading activity the tenant is authorized to conduct at the premises — for example, 'retail sale of clothing and accessories' — beyond which use is a breach.",{"term":262,"definition":263},"Outgoings","Operating costs of the property — such as council rates, insurance, and maintenance — that the lease allocates between landlord and tenant, often passed through to the tenant in full.",{"term":265,"definition":266},"Rent Review","A mechanism in the lease that adjusts rent at defined intervals — typically annually or every 3 years — by reference to CPI, market rent, or a fixed percentage increase.",{"term":268,"definition":269},"Fit-Out","The tenant's work to install shopfittings, signage, fixtures, and equipment to make the premises operational for retail trading.",{"term":271,"definition":272},"Make Good","The tenant's obligation at lease expiry to restore the premises to their original condition by removing fit-out items and repairing any alterations made during the tenancy.",{"term":274,"definition":275},"Assignment","The transfer of the tenant's entire interest in the lease to a new tenant, typically requiring the landlord's prior written consent.",{"term":277,"definition":278},"Subletting","Granting a third party the right to occupy part or all of the premises under a sublease, while the original tenant retains their obligations to the landlord.",{"term":280,"definition":281},"Turnover Rent","A variable rent component calculated as a percentage of the tenant's gross retail sales, sometimes payable instead of or in addition to base rent.",{"term":283,"definition":284},"Dilapidations","The physical disrepair of the premises attributable to the tenant's failure to comply with repair covenants, forming the basis of a landlord's claim at lease end.",{"term":286,"definition":287},"Break Clause","A provision allowing one or both parties to terminate the lease before its contractual expiry date by giving specified written notice and meeting any stated conditions.",[289,294,299,304,309,314,319,324,329,334],{"name":290,"plain_english":291,"sample_language":292,"common_mistake":293},"Parties, premises description, and term","Identifies the landlord and tenant as legal entities, provides a precise description of the premises including any car parks or storage, and states the lease start date, end date, and any renewal options.","This Shop Tenancy Agreement is made on [DATE] between [LANDLORD LEGAL NAME] of [ADDRESS] ('Landlord') and [TENANT LEGAL NAME] of [ADDRESS] ('Tenant'). The Landlord lets and the Tenant takes the premises known as [UNIT NUMBER, BUILDING, ADDRESS] ('Premises') for a term of [X] years commencing [START DATE] and expiring [END DATE], with an option to renew for [X] years on notice given no later than [X] months before expiry.","Describing the premises only by street address without referencing the title or lot number. If the landlord owns multiple units in a building, an address alone can be ambiguous and cause a dispute over which unit is actually leased.",{"name":295,"plain_english":296,"sample_language":297,"common_mistake":298},"Rent, payment terms, and rent review","States the base rent, payment frequency, due date, accepted payment method, and the formula for rent increases at review intervals.","The Tenant shall pay base rent of $[AMOUNT] per calendar month, payable in advance on the [1st] day of each month by electronic funds transfer to [ACCOUNT DETAILS]. Rent shall be reviewed on [DATE] and each anniversary thereafter by the greater of CPI or [X]%, not to exceed [X]% in any 12-month period.","Omitting a rent-review cap. Uncapped CPI or market reviews can produce rent increases the tenant cannot absorb, leading to default or early termination disputes. A ceiling protects both parties.",{"name":300,"plain_english":301,"sample_language":302,"common_mistake":303},"Security deposit and bank guarantee","Sets the deposit amount, the conditions under which the landlord may draw on it, the process for returning it at lease end, and whether a bank guarantee is acceptable in lieu of a cash deposit.","On execution, the Tenant shall pay a security deposit of $[AMOUNT] (equivalent to [X] months' rent). The Landlord may draw on the deposit to remedy any breach by the Tenant after giving [X] days' written notice. The deposit shall be returned within [14] days of lease expiry, less any lawful deductions.","Not specifying the timeline for returning the deposit. Without a deadline, landlords routinely hold deposits for months, creating disputes and — in jurisdictions with statutory protections — regulatory liability.",{"name":305,"plain_english":306,"sample_language":307,"common_mistake":308},"Permitted use and trading hours","Restricts the tenant to a defined category of retail activity and sets the minimum or maximum trading hours, protecting the landlord's ability to manage tenant mix in a multi-tenanted centre.","The Tenant shall use the Premises solely for the retail sale of [DESCRIPTION OF GOODS/SERVICES] and for no other purpose without the Landlord's prior written consent. The Tenant shall trade during the Centre's core hours of [HOURS] on [DAYS], and may trade outside those hours subject to [CONDITIONS].","Drafting permitted use so narrowly that a modest product expansion requires a formal lease variation. Aim for a category description broad enough to cover adjacent product lines the tenant is likely to carry.",{"name":310,"plain_english":311,"sample_language":312,"common_mistake":313},"Fit-out, alterations, and signage","Defines the tenant's right to install shopfittings and signage, the landlord's approval process for alterations, and who owns any improvements at the end of the lease.","The Tenant may carry out the fit-out works described in Schedule [X] ('Approved Works') at its own cost. Any additional alterations require the Landlord's prior written consent, not to be unreasonably withheld. All fixtures and improvements shall become the Landlord's property at lease expiry unless the Landlord requires removal under the make-good clause.","No written fit-out schedule at all, or an approval process that takes longer than the tenant's rent-free period. Delays in fit-out approval eat into the tenant's trading time and often trigger disputes over when rent should start.",{"name":315,"plain_english":316,"sample_language":317,"common_mistake":318},"Repair, maintenance, and make good","Allocates responsibility for structural repairs to the landlord and day-to-day maintenance to the tenant, and requires the tenant to restore the premises at lease end.","The Landlord shall maintain the structure, roof, and common areas in good repair. The Tenant shall keep the interior, shopfront, fixtures, and services in good repair and condition. On expiry or earlier termination, the Tenant shall make good all alterations to the reasonable satisfaction of the Landlord.","Assigning 'all repairs' to the tenant without carving out structural defects. Courts have found tenants liable for structural failure under such clauses, which is rarely the commercial intention of either party.",{"name":320,"plain_english":321,"sample_language":322,"common_mistake":323},"Insurance obligations","Requires the tenant to hold public liability insurance and plate glass cover at specified minimum limits, and requires the landlord to insure the building — with each party providing evidence of cover on request.","The Tenant shall maintain public liability insurance of not less than $[AMOUNT] per occurrence and plate glass insurance covering the Premises shopfront. The Landlord shall insure the building for its full replacement value. Each party shall provide certificates of currency within [5] business days of request.","Setting a public liability minimum that was standard 10 years ago. $1M limits are no longer adequate for most retail settings — $5M–$10M per occurrence is now the accepted minimum for commercial tenancies in most markets.",{"name":325,"plain_english":326,"sample_language":327,"common_mistake":328},"Assignment and subletting","Governs whether and how the tenant can transfer the lease or sublet the premises, what information the landlord requires to consider consent, and what conditions can be imposed.","The Tenant shall not assign this lease or sublet the Premises without the Landlord's prior written consent, not to be unreasonably withheld or delayed. The Tenant shall provide the Landlord with [30] days' notice, financial statements for the proposed assignee, and evidence of equivalent trading experience.","Including an absolute prohibition on assignment without a carve-out for sale of the tenant's business. This traps the tenant and can destroy business value — courts in several jurisdictions will imply a reasonableness standard regardless.",{"name":330,"plain_english":331,"sample_language":332,"common_mistake":333},"Default and termination","States the events of default that entitle the landlord to re-enter the premises, the notice and cure period the tenant must be given, and the consequences of termination including outstanding rent liability.","If the Tenant fails to pay rent within [14] days of the due date, or materially breaches any other term and fails to remedy within [30] days of written notice, the Landlord may re-enter the Premises and terminate this lease without prejudice to any claim for arrears or damages.","No cure period for non-monetary breaches. Immediate termination rights for minor or technical breaches are disproportionate and are routinely refused by courts, leaving the landlord with an unenforceable clause and no practical remedy.",{"name":335,"plain_english":336,"sample_language":337,"common_mistake":338},"Governing law and dispute resolution","Specifies which jurisdiction's commercial tenancy law governs the agreement and how disputes — including rent disputes and make-good claims — are resolved.","This Agreement is governed by the laws of [STATE / PROVINCE / COUNTRY]. Any dispute that the parties cannot resolve by negotiation within [20] business days shall be referred to mediation before either party commences litigation or arbitration proceedings.","Omitting a mediation step and going straight to litigation as the default remedy. Commercial tenancy disputes — especially fit-out and make-good claims — are resolved far faster and cheaper through mediation, and many jurisdictions now mandate it before any tribunal hearing.",[340,345,350,355,360,365,370,375],{"step":341,"title":342,"description":343,"tip":344},1,"Identify the parties with their full legal entity names","Enter the landlord's and tenant's complete registered legal names — not trading names or abbreviations. For companies, include the registration number. For individuals, use the name as it appears on government ID.","Confirm the tenant's ABN, company number, or EIN before signing — a lease signed by an undisclosed sole trader rather than a company strips the landlord of the benefit of a corporate guarantee.",{"step":346,"title":347,"description":348,"tip":349},2,"Describe the premises precisely","Include the unit number, building name, street address, and any included areas such as storage rooms, car parks, or rear access. Reference the title or lot number if available.","Attach a floor plan as a schedule and have both parties initial it — this eliminates 'which unit' disputes in multi-tenanted properties.",{"step":351,"title":352,"description":353,"tip":354},3,"Set the lease term and renewal options","Enter the exact start and end dates. If offering renewal options, state the number and duration of each option, the notice period required to exercise, and whether rent for the option period is at market or a fixed increase.","In most jurisdictions, an option to renew must be exercised strictly within the stated window — a tenant who misses the deadline by one day typically loses the right. Consider adding a landlord-notification obligation if the tenant has not given notice 30 days before the deadline.",{"step":356,"title":357,"description":358,"tip":359},4,"Complete the rent and rent-review schedule","Enter the base rent, payment frequency, due date, and the rent-review formula. State clearly whether rent reviews are upward-only or can go down as well as up.","Upward-only review clauses are unenforceable in some jurisdictions (notably parts of the EU). Check local law before including one.",{"step":361,"title":362,"description":363,"tip":364},5,"Calculate and document the security deposit","Set the deposit at an amount that reflects realistic exposure — typically 1–3 months' rent. State whether a bank guarantee from a reputable institution is acceptable in lieu of cash and on what terms the landlord can call on it.","In several US states and Australian states, security deposits for commercial leases above a certain amount must be held in a trust account. Confirm your jurisdiction's requirements before accepting cash.",{"step":366,"title":367,"description":368,"tip":369},6,"Define permitted use with appropriate breadth","Write a permitted use description that covers the tenant's current trading activity and likely adjacent categories. A specialty coffee retailer might need 'sale of coffee, beverages, and light food items' rather than just 'café.'","If operating in a shopping centre, check that the permitted use doesn't conflict with exclusivity rights already granted to another tenant — this is one of the most common sources of tenancy litigation.",{"step":371,"title":372,"description":373,"tip":374},7,"Attach the fit-out schedule and approved works list","List all fit-out items the tenant is approved to install before trading. Include dimensions, materials, and any engineering sign-off requirements. State the rent-free period and the date by which fit-out must be completed.","Tie the rent commencement date to the later of the fit-out completion date or a fixed long-stop date — this prevents the tenant from claiming rent-free time indefinitely due to fit-out delays.",{"step":376,"title":377,"description":378,"tip":379},8,"Execute before the tenant takes possession","Both parties must sign before keys are handed over. Arrange for witnesses or a commissioner of oaths where required by local law. Provide each party with a fully executed original.","In the UK and Australia, leases over three years typically require execution as a deed — a simple signature is insufficient. Confirm the execution formalities required in your jurisdiction before the signing meeting.",[381,385,389,393,397,401],{"mistake":382,"why_it_matters":383,"fix":384},"No written fit-out schedule or approved works list","Without a documented scope of approved works, landlords dispute what the tenant was permitted to install, triggering make-good claims for items the tenant believed were sanctioned.","Attach a Schedule of Approved Works signed by both parties before possession. Photograph the premises on handover and at fit-out completion to establish a baseline condition record.",{"mistake":386,"why_it_matters":387,"fix":388},"Permitted use clause too narrow for the tenant's actual business","A retailer who expands into adjacent product categories without a broad enough permitted use clause is technically in breach — giving the landlord grounds to withhold lease renewal or claim damages.","Draft permitted use as a category rather than a product list. 'Retail sale of homewares and associated lifestyle products' covers far more than 'sale of cushions, throws, and candles.'",{"mistake":390,"why_it_matters":391,"fix":392},"Omitting a cure period for non-monetary breaches","Immediate termination rights for non-monetary breaches are routinely struck down as disproportionate, leaving the landlord with no enforceable remedy and months of litigation exposure.","Include a 30-day written notice and cure period for all non-monetary defaults. For breaches incapable of remedy, state that explicitly and limit termination rights to those specific defined events.",{"mistake":394,"why_it_matters":395,"fix":396},"Signing the lease after the tenant has already taken possession","In common-law jurisdictions, a tenant already in occupation may argue they hold on a periodic tenancy with statutory protections rather than on the agreed commercial terms — voiding key restrictions.","Execute the lease and hand over keys on the same day. If practical constraints require early access, issue a separate licence for access that explicitly states it does not create a tenancy until execution.",{"mistake":398,"why_it_matters":399,"fix":400},"Setting public liability insurance limits that are too low","A $1M per-occurrence public liability limit, once standard, is now insufficient for most retail environments. A single serious personal injury claim can exhaust it, leaving the landlord exposed to uninsured liability claims.","Require a minimum of $5M per occurrence for all retail tenancies, and $10M for food, beverage, or high-footfall premises. Review limits at each rent review or at least every 3 years.",{"mistake":402,"why_it_matters":403,"fix":404},"No defined process for returning the security deposit","Without a stated deadline, landlords hold deposits for months while conducting inspections and obtaining make-good quotes, creating disputes and — in some jurisdictions — statutory penalties for unreasonable delay.","State a specific return deadline — 14 to 28 days from lease expiry or make-good completion, whichever is later — and specify the documentation the landlord must provide with any deduction.",[406,409,412,415,418,421,424,427,430],{"question":407,"answer":408},"What is a shop tenancy agreement?","A shop tenancy agreement is a commercial lease between a landlord and a retail tenant that grants the tenant the right to occupy a shop or retail premises for a defined term in exchange for rent. It sets out all material obligations of both parties — including rent, deposit, permitted use, repair, insurance, and termination — and is legally binding on execution. Unlike a residential tenancy, it is generally governed by commercial property law with fewer statutory protections for the tenant.\n",{"question":410,"answer":411},"What is the difference between a shop tenancy agreement and a commercial lease?","A shop tenancy agreement is a type of commercial lease specifically tailored to retail premises — covering retail-specific provisions such as permitted use, trading hours, fit-out, and tenant mix. A generic commercial lease may cover offices, warehouses, or industrial units and typically omits these retail-specific clauses. For any customer-facing retail premises, a shop tenancy agreement provides more appropriate and complete protection for both parties.\n",{"question":413,"answer":414},"How long should a retail lease term be?","Retail lease terms typically run from 1 to 10 years, with 3+3 (a 3-year term with a 3-year option) and 5+5 structures being the most common for established retailers. Short-term leases of 6–12 months suit pop-ups and market testing. Longer terms of 5–10 years are generally expected by landlords when fit-out investment is significant, since a 5-year term gives the tenant sufficient time to amortize the cost of shopfitting.\n",{"question":416,"answer":417},"What should a security deposit cover in a retail lease?","A security deposit in a retail tenancy is held against unpaid rent, damage to the premises beyond fair wear and tear, failure to comply with make-good obligations, and any other breach of the lease. It is not a prepayment of rent. The typical deposit is 1–3 months' rent, though landlords in high-demand locations or for tenants without a trading history may require the equivalent of 6 months or a bank guarantee.\n",{"question":419,"answer":420},"Is a shop tenancy agreement different from a licence to occupy?","Yes. A lease grants the tenant exclusive possession of the premises for a fixed term, creating a proprietary interest that binds successors in title. A licence to occupy gives permission to use the premises without exclusive possession and can generally be terminated on shorter notice. For most retail operations requiring a stable trading location and the ability to fit out and assign, a lease is the appropriate instrument. Courts sometimes reclassify licences as leases if the occupier has effective exclusive possession regardless of what the document is called.\n",{"question":422,"answer":423},"Can a retail tenant sublet or assign the lease to a new business?","Assignment and subletting are typically permitted only with the landlord's prior written consent, which must not be unreasonably withheld under most commercial tenancy legislation. The landlord is generally entitled to assess the financial standing and retail experience of a proposed assignee, and may condition consent on the outgoing tenant providing a guarantee for a period after assignment. An absolute prohibition on assignment is difficult to enforce and can significantly reduce the value of a business being sold.\n",{"question":425,"answer":426},"Who is responsible for repairs in a shop tenancy?","In most commercial retail leases, the landlord is responsible for structural repairs, the roof, and external common areas, while the tenant is responsible for the interior fit-out, shopfront, fixtures, and services such as air conditioning units serving only the tenanted space. The precise allocation depends on the lease — some full-repairing and insuring leases (common in the UK) place all repair obligations on the tenant. Always check the repair clause carefully before signing.\n",{"question":428,"answer":429},"What is a make-good obligation and how does it work?","A make-good obligation requires the tenant to restore the premises to their original condition at lease expiry — typically by removing all fit-out items, patching walls, removing signage, and repairing any alterations. The landlord's ability to enforce it depends on having clear evidence of the original condition, which is why a photographic condition report signed by both parties at handover is essential. Make-good disputes are the most common source of litigation at the end of retail tenancies.\n",{"question":431,"answer":432},"Do retail tenants have statutory protections comparable to residential tenants?","Generally no — commercial tenants have significantly fewer statutory protections than residential tenants. However, many jurisdictions have enacted retail leasing legislation that provides minimum rights: mandatory disclosure documents, cooling-off periods, restrictions on key money, and in some cases rent control mechanisms. In Australia, each state has a Retail Leases Act; the UK has the Landlord and Tenant Act 1954; and in the US, protections vary widely by state with no federal retail tenancy statute. Always check the specific legislation for the premises' location.\n",[434,438,442,446],{"industry":435,"icon_asset_id":436,"specifics":437},"Retail and fashion","industry-retail","Tenant mix exclusivity, seasonal trading-hours variations, and percentage-rent structures tied to gross sales turnover are standard in fashion retail leases in shopping centres.",{"industry":439,"icon_asset_id":440,"specifics":441},"Food and beverage","industry-food-beverage","Additional clauses cover grease trap maintenance, exhaust and extraction systems, health permit compliance, and enhanced public liability limits of at least $10M per occurrence.",{"industry":443,"icon_asset_id":444,"specifics":445},"Health and beauty services","industry-professional-services","Permitted use must cover all service categories offered (e.g., hairdressing, beauty therapy, and cosmetic services) and specific fit-out clauses address plumbing, ventilation, and chemical storage requirements.",{"industry":447,"icon_asset_id":448,"specifics":449},"Franchising","industry-franchise-applicant","Landlords frequently require a head-lease or franchisor consent clause, and the permitted use must align precisely with the franchise agreement's approved product and service categories.",[451,454,458,461],{"vs":86,"vs_template_id":452,"summary":453},"commercial-lease-agreement-D12693","A commercial lease agreement is a broader instrument covering offices, warehouses, and industrial premises as well as retail. A shop tenancy agreement adds retail-specific provisions — permitted use, trading hours, tenant mix, fit-out schedules, and turnover rent — that a generic commercial lease typically omits. For any customer-facing retail premises, the shop tenancy agreement is the more appropriate starting point.",{"vs":455,"vs_template_id":456,"summary":457},"Residential Lease Agreement","residential-lease-agreement-D12694","A residential lease governs a tenant's right to occupy a dwelling and is subject to extensive statutory protections — security deposit rules, minimum notice periods, habitability standards — that do not apply to commercial premises. Using a residential lease for a retail shop is legally incorrect and will fail to cover commercial obligations such as fit-out, insurance, and outgoings. Always use a commercial instrument for retail premises.",{"vs":229,"vs_template_id":459,"summary":460},"office-space-lease-agreement-D13228","An office lease is designed for non-customer-facing premises and typically lacks trading-hours clauses, shopfront provisions, tenant mix exclusivity, and fit-out approval schedules. Retail premises require all of these. An office lease used for a retail unit will have significant structural gaps and may not satisfy the disclosure obligations imposed by retail leasing legislation in many jurisdictions.",{"vs":237,"vs_template_id":462,"summary":463},"sublease-agreement-D13069","A sublease is used when an existing tenant grants part or all of their leased space to a third party while remaining bound to the head landlord. A shop tenancy agreement is the primary instrument between the property owner and the first tenant. A subtenant's rights are derivative of and limited by the head lease — meaning the subtenant should always review the head lease before signing a sublease.",{"use_template":465,"template_plus_review":469,"custom_drafted":473},{"best_for":466,"cost":467,"time":468},"Short-term retail tenancies of 1–2 years with straightforward fit-out and no turnover rent component","Free","30–60 minutes",{"best_for":470,"cost":471,"time":472},"Tenancies of 3 years or more, significant fit-out investment, shopping centre locations, or any assignment or exclusivity clause","$500–$1,500","2–5 business days",{"best_for":474,"cost":475,"time":476},"Flagship retail leases, franchise head-leases, high-value fit-out, turnover rent structures, or multi-site portfolio agreements","$2,000–$8,000+","2–4 weeks",[478,483,488,493],{"code":479,"name":480,"flag_asset_id":481,"note":482},"us","United States","flag-us","The US has no federal retail tenancy statute — commercial lease law is entirely state-governed. Most states impose few mandatory protections on commercial tenants, so the written lease is the primary source of rights. California, New York, and Illinois have specific judicial interpretations of commercial lease obligations worth reviewing. Some municipalities enacted temporary commercial rent protections during COVID-19 that may still have residual effect in certain jurisdictions.",{"code":484,"name":485,"flag_asset_id":486,"note":487},"ca","Canada","flag-ca","Each province has its own commercial tenancy legislation. Ontario's Commercial Tenancies Act and the Retail Business Holidays Act, British Columbia's Commercial Tenancy Act, and Alberta's Commercial Tenancies Act each impose different minimum obligations. Quebec leases must comply with the Civil Code provisions on commercial leases and, for provincially-regulated businesses, must be in French. Security deposits in some provinces are restricted or subject to trust requirements.",{"code":489,"name":490,"flag_asset_id":491,"note":492},"uk","United Kingdom","flag-uk","The Landlord and Tenant Act 1954 gives qualifying commercial tenants a statutory right to renew their lease at the end of the term unless the landlord serves a valid Section 25 notice with statutory grounds for opposition. Leases for more than three years must be executed as a deed. Full Repairing and Insuring (FRI) leases are the standard in the UK, placing almost all repair and insurance obligations on the tenant. Scotland has separate legislation under the Tenancy of Shops (Scotland) Act 1949.",{"code":494,"name":495,"flag_asset_id":496,"note":497},"eu","European Union","flag-eu","Commercial tenancy law varies significantly across EU member states. France provides strong tenant protections under the Statut des Baux Commerciaux, including a minimum 9-year lease term and a right to renewal. Germany's civil code (BGB) governs commercial leases with relatively few mandatory protections beyond general contract law. The Netherlands requires commercial leases to be registered to bind third parties. GDPR considerations apply if tenant turnover data or foot traffic analytics are collected under a percentage-rent arrangement.",[499,500,501],"commercial-lease-key-terms-explained","fit-out-and-make-good-obligations","retail-tenancy-legislation-by-jurisdiction",[226,230,238,250,503,504,505,506,507,508,509,510],"letter-of-intent_acquisition-of-business-D5197","non-disclosure-agreement-nda-D12692","property-management-agreement-D1196","license-agreement-D1180","lease-termination-letter-D13724","increase-of-salary-letter-D13354","receipt-for-lease-security-deposit-D1199","notice-of-intent-to-vacate-premises-D13230",{"emit_article":191,"emit_faq_page":191,"emit_how_to":191,"emit_defined_term":191,"emit_breadcrumb_list":191,"emit_software_application":172},{"primary_folder":130,"secondary_folder":513,"document_type":514,"industry":515,"business_stage":516,"tags":517,"confidence":522},"real-estate-and-leases","agreement","retail","all-stages",[515,518,519,520,521],"commercial-lease","tenancy","landlord-tenant","shop-premises",0.95,"\u003Ch2>What is a Shop Tenancy Agreement?\u003C/h2>\n\u003Cp>A \u003Cstrong>Shop Tenancy Agreement\u003C/strong> is a legally binding commercial lease between a property owner (the landlord) and a retail business (the tenant) that grants the tenant exclusive possession of a shop, boutique, or retail unit for a defined term in exchange for rent. It is structurally distinct from a residential tenancy — there are far fewer statutory protections and the written agreement is the primary source of both parties' rights and obligations. A properly drafted shop tenancy agreement covers base rent and rent review, security deposit, permitted use, fit-out and alteration rights, repair and maintenance allocation, insurance requirements, assignment and subletting, and the grounds and process for termination.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Operating a retail tenancy without a written agreement — or with only an informal letter of intent — exposes both the landlord and the tenant to serious financial and legal risk. A tenant who fits out and trades without a signed lease has no documented right to remain, no defined renewal option, and no protection against the landlord recovering the premises on short notice. A landlord without a written agreement cannot enforce permitted-use restrictions, make-good obligations, or insurance requirements — meaning a tenant can trade in ways that damage the property or void the building insurance without any documented recourse. Make-good disputes alone, where the restoration of the premises at lease end is in question, are among the most litigated commercial property matters in every major jurisdiction. This template gives landlords and retail tenants a complete, professionally structured starting point — covering every material clause for a standard retail tenancy — so that both parties trade from a position of documented, enforceable certainty rather than assumption.\u003C/p>\n",1781185973337]