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.