Alaska Commercial Lease Agreement – PDF – Word

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Version: Adobe PDF (.pdf) and Microsoft Word (.docx)
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The Alaska commercial lease agreement allows a landlord and an individual or entity to come to an agreement over the use of a place of business. A typical arrangement is one (1) to three (3) years but can be month to month or any time-frame as agreed upon. In a commercial lease, the landlord will agree to either “fit-up” (build-to-suit) the premises to the tenant’s liking before the lease begins or elect to have the tenant make their necessary modifications.

Downloads: Adobe PDF, Microsoft Word (.docx)

It is advised that the landlord accept a Security Deposit in addition to verifying the entities legal status by searching the Alaska Corporations Database when performing the credit check by using a rental application.

The agreement will negotiate the following topics;

  • Premises – Description of Property
  • Term
  • Rental Amount (NNN, Gross, or Modified Gross)
  • Escalations (if any)
  • Notice
  • Parking
  • Possession
  • Use
  • Alterations by Lessee
  • Liability
  • Lessor’s Right to Inspect (By law the landlord must grant at least twenty four (24) hours)
  • Fixtures
  • Repairs and Maintenance
  • Utilities
  • Subletting
  • Default
  • Security Deposits

Unlike residential leases, it is highly recommended that all commercial leases be signed with a notary public present.