Kentucky Commercial Lease Agreement – PDF Template
The Kentucky commercial lease agreement allows a landlord that owns retail, industrial, or office space to rent to a qualified tenant. There are many types of rental arrangements such as Triple Net (NNN), Gross, and Percentage leases that this contract may be modified to reflect as long as both parties are in agreement. Typically the tenant will make requests as to how they would like the space to be “fit up” to their specific needs. The landlord will take this into account when negotiating the rental price (usually on a per square foot basis) and when the parties have come to an agreement verbally will this document be filled in. It is advised that the landlord accept a personal guaranty from the tenant if it is a new business and make sure that it is in ‘Good Standing’ with the Secretary of State (Lookup Here).