Iowa office lease agreement template

Iowa Office Lease Agreement

This Iowa Office Lease Agreement (the “Agreement”) is made and entered into as of [Date], by and between [Landlord’s Full Legal Name], whose address is [Landlord’s Address], (“Landlord”), and [Tenant’s Full Legal Name], whose address is [Tenant’s Address], (“Tenant”). If applicable, Landlord’s registered business agent is [Registered Agent Name], with address [Registered Agent Address], and Tenant's registered business agent is [Registered Agent Name], with address [Registered Agent Address].

Premises

• Option A: Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the office space located at [Building Address], Suite [Suite Number], consisting of approximately [Square Footage] square feet, as verified per Iowa measurement standards, located on the [Floor Number] floor, [Specific Location within Building, e.g., West Wing] (the “Premises”). A floor plan of the Premises is attached hereto as Exhibit A.
• Option B: The Premises includes the exclusive use of [List Exclusive Areas] and shared use of the following common areas: entrances, lobbies, corridors, shared restrooms, conference rooms, elevators, and parking areas as designated by Landlord.
• The Premises features include [List Unique Features e.g., HVAC zones, telecom/data closets, secure entry systems, ADA accessibility confirmations per Iowa Code Chapter 216C].

Use of Premises

• Option A: The Premises shall be used solely for general office purposes and related activities. Permitted business functions include [List Allowed Business Functions].
• Option B: The Premises shall not be used for any light industrial, retail, medical, or other purposes without the prior written consent of Landlord.
• Tenant shall comply with all applicable Iowa zoning ordinances, city business licensing requirements, Iowa fire safety, energy efficiency, and health/sanitation regulations.
• Subleasing, desk-sharing, or co-working arrangements are [Permitted/Prohibited/Permitted with Landlord's Consent]. If permitted with consent, Landlord's consent [Shall not be unreasonably withheld/May be withheld in Landlord's sole discretion].

Lease Term

• Option A: The term of this Lease shall commence on [Start Date] and shall expire on [End Date].
• Option B: This Lease shall automatically renew for successive [Number] year term(s) unless either party provides written notice of termination at least [Number] days prior to the expiration of the then-current term.
• Option C: Tenant shall have the option to extend the term of this Lease for [Number] additional [Years/Months] by providing written notice to Landlord at least [Number] days prior to the expiration of the then-current term.
• Early termination is [Permitted/Not Permitted]. If permitted, the early termination fee is [Amount or Calculation Method].
• Landlord or Tenant may terminate this lease for cause (regulatory non-compliance or major breach) with [Number] days written notice.
• Holdover Rent: If Tenant remains in possession of the Premises after the expiration or termination of this Lease, Tenant shall pay rent at a rate equal to [Percentage]% of the then-current Base Rent.

Rent

• Option A: The base rent for the Premises shall be [Dollar Amount] per month, payable in advance on the [Day] day of each month, beginning on [Start Date].
• Option B: Tenant shall pay a security deposit of [Dollar Amount], which shall be held by Landlord in accordance with Iowa law.
• Rent shall increase by [Percentage]% annually/on [Date] based on [Fixed Percentage/Iowa CPI].
• A late fee of [Dollar Amount] shall be charged for any rent payment received more than [Number] days after the due date.
• A fee of [Dollar Amount] shall be charged for any returned payment.
• Responsibility for Iowa-specific commercial lease tax responsibilities or local tax apportionment, including sales/use tax and real estate tax pass-throughs, is as follows: [Detail Responsibilities].

Additional Charges

• Tenant shall pay the following additional charges:
  • CAM (common area maintenance) fees, estimated at [Dollar Amount] per month.
  • Utilities: [Specify which utilities Tenant pays directly (electricity, water, gas, internet) and which are included].
  • Janitorial services: [Specify Tenant's and Landlord's respective janitorial obligations].
  • Trash and recycling handling: [Specify Tenant's and Landlord's respective obligations].
  • Property insurance, property tax, stormwater, and assessment charges: [Detail allocation of these charges between Landlord and Tenant].

Improvements and Alterations

• Option A: Tenant shall not make any alterations or improvements to the Premises without the prior written consent of Landlord.
• Option B: Tenant may make alterations or improvements to the Premises with Landlord's prior written consent, which shall not be unreasonably withheld. All alterations and improvements shall become the property of Landlord upon the expiration or termination of this Lease, unless otherwise agreed in writing.
• Tenant is responsible for obtaining all necessary city permits and complying with any historic building restrictions.
• At the end of the lease, Tenant is responsible for restoration and re-instatement of the premises to its original condition, unless otherwise agreed in writing.
• If applicable, Landlord's obligation to deliver premises in compliant, move-in ready condition per any agreed scope of work or existing defects is detailed in Exhibit [Exhibit Letter].

Maintenance and Repairs

• Landlord shall be responsible for maintaining the structural elements of the building, including the roof, foundation, and exterior walls.
• Tenant shall be responsible for maintaining the interior of the Premises, including the plumbing, electrical and cosmetic items.
• [Specify responsibility for HVAC maintenance and repair].
• Tenant shall promptly report any damage to the Premises to Landlord.
• Landlord shall have the right to enter the Premises for inspection and repair purposes with at least [Number] hours' notice, compliant with Iowa law.

Information Technology and Telecommunications

• Tenant shall have the right to install and maintain information technology and business telecommunications infrastructure, subject to applicable Iowa regulations and building policies.
• At the end of the lease term, Tenant shall be responsible for removing all such infrastructure and restoring the Premises to its original condition.

Building Services

• The building's standard hours of HVAC operation are [Hours].
• Elevator hours are [Hours]. After-hours access protocols are [Protocols].
• Building security measures include [Measures].
• Signage rights are consistent with municipal code and building policy and are detailed as follows: [Details].

Insurance

• Landlord shall maintain insurance coverage for the building.
• Tenant shall maintain general liability insurance, business property insurance, and business interruption insurance, with coverages as required by Iowa insurance requirements.
• The required coverages are [Specific Coverages] and certificate standards are per Iowa insurance requirements.
• Mutual waiver of subrogation is [Included/Not Included].

Fire and Life Safety

• The building's fire and life safety policies are detailed in Exhibit [Exhibit Letter].
• Emergency evacuation plans are detailed in Exhibit [Exhibit Letter].
• The building meets Iowa code fire suppression system standards.
• Tenant shall maintain clear egress and adhere to all fire marshal rulings.

Parking

• Tenant shall be entitled to [Number] parking spaces located [Location].
• Guest parking is located [Location].
• Parking fees are [Amount].
• Snow removal policy is [Policy Details].

Environmental Compliance

• Tenant shall not store or use any hazardous materials on the Premises.
• Indoor air quality shall comply with applicable Iowa regulations.
• Radon testing [Will be performed/Has been performed] per Iowa-specific risks.
• Responsibility for regulatory compliance with workplace safety, accessibility (ADA plus state law), and occupancy load limits rests with [Landlord/Tenant/Shared - Specify].

Dispute Resolution

• Any dispute arising out of or relating to this Agreement shall be resolved as follows:
  • Escalation Procedure: [Detail Escalation Procedure].
  • Right to Cure Breaches: [Detail Right to Cure Breaches].
  • Requirements for Written Notices: All notices shall be in writing and sent by [Recognized Delivery Methods in Iowa law].
  • Resolution Options: [Mediation/Binding Arbitration/Judicial Resolution in designated Iowa courts].

Choice of Law and Venue

• This Agreement shall be governed by and construed in accordance with the laws of the State of Iowa.
• Exclusive jurisdiction and venue for any action arising out of or relating to this Agreement shall be in the courts located in [County Name] County, Iowa.
• Service of process address for legal actions is: Landlord [Landlord Address] and Tenant [Tenant Address].

Move-In and Move-Out

• Move-in and move-out procedures are detailed in Exhibit [Exhibit Letter], including checklists and condition reports.
• Keys and access rights will be handled as follows: [Details].
• Restoration and asset removal requirements are: [Details].
• Criteria for return or forfeiture of security deposit are per applicable Iowa commercial practice.
• Procedure for handling abandoned property is per local ordinances.

Warranties

• Landlord warrants that it has the authority to enter into this Agreement and is in compliance with Iowa real estate licensing law. Landlord makes representations regarding building code and certificate of occupancy as follows: [Details].
• Tenant warrants that it has the organizational authority and power to enter into this Agreement.

Building Rules and Regulations

• Tenant shall comply with all building rules and regulations, as detailed in Exhibit [Exhibit Letter], including Iowa OSHA obligations, holiday schedules, and any neighbor disturbance prohibitions.

Required Disclosures

• Lead-based paint disclosure (if built pre-1978): [Attached/Not Applicable].
• Radon information: [Attached/Provided Upon Request].
• Energy benchmarking or related municipal programs: [Details].
• Prior contamination notice (if applicable): [Details].
• Local mandatory lease registration or fire/life safety inspections: [Details].

General Provisions

• Amendments to this Agreement must be in signed writing referencing Iowa Uniform Electronic Transactions Act if e-signatures are permitted.
• This Agreement constitutes the entire agreement between the parties and supersedes all prior or contemporaneous communications and proposals, whether oral or written.
• If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
• Indemnities and insurance obligations shall survive the expiration or termination of this Lease.

Attorney's Fees

In the event of any legal action to enforce the terms of this Agreement, the prevailing party shall be entitled to recover its reasonable attorney's fees and costs.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

[Landlord’s Signature]

[Landlord’s Printed Name]

[Tenant’s Signature]

[Tenant’s Printed Name]