Louisiana office lease agreement template

Louisiana Office Lease Agreement

This Office Lease Agreement (the "Lease") is made and entered into as of this [Date], by and between [Landlord Name], a [Landlord Entity Type], with a principal place of business at [Landlord Address] and its registered agent at [Landlord Registered Agent Address] (hereinafter referred to as "Landlord"), and [Tenant Name], a [Tenant Entity Type], with a principal place of business at [Tenant Address] and its registered agent at [Tenant Registered Agent Address] (hereinafter referred to as "Tenant"). Landlord’s Louisiana Business Registration Number (if applicable): [Landlord Registration Number]. Tenant's Louisiana Business Registration Number (if applicable): [Tenant Registration Number].

Premises

Option A: Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, those certain premises (the "Premises") consisting of [Square Footage] rentable square feet of office space located at [Property Address], specifically being [Floor Number], Suite [Suite Number] (as outlined on Exhibit A attached hereto), together with the non-exclusive right to use, in common with other tenants of the Building, the Common Areas. Legal description: [Legal Property Description].

Option B: The Premises consist of the entire [Floor Number] floor of the building located at [Property Address], more particularly described as [Detailed Description of Premises]. Use of common areas is included in this lease agreement.

Option C: Tenant shall have exclusive use of the space within [Suite or Room Number] of the building located at [Property Address]. Tenant is granted access to shared restrooms, breakroom, and lobby.

Building Amenities

Option A: The Building offers the following amenities for Tenant’s non-exclusive use: meeting rooms [Meeting Room Details], elevators, HVAC, emergency power [Emergency Power Details], telecom/data access [Telecom/Data Details], security provisions [Security Details], and restrooms. Building is ADA compliant.

Option B: In addition to the leased premises, Tenant is permitted use of the following amenities: [List of Amenities]. Landlord makes no representation or warranty as to the continued availability or quality of these amenities.

Option C: Tenant is permitted to use the elevator, restrooms, and common hallways within the building. All other building amenities are excluded from this lease agreement.

Parking

Option A: Tenant shall be entitled to [Number] parking spaces, designated as [Parking Space Numbers/Locations].

Option B: Parking is available to Tenant on a first-come, first-served basis in the common parking areas of the building. Landlord reserves the right to designate certain areas for visitor parking.

Option C: No parking is included in this lease agreement.

Permitted Use

Option A: The Premises shall be used solely for general office purposes and for no other use. Tenant agrees to comply with all applicable local land use and zoning ordinances in Louisiana, specifically [Relevant Zoning Ordinances].

Option B: The Premises may be used for general administrative and professional purposes, provided that such use is in compliance with all applicable Louisiana laws and regulations. Tenant shall not engage in any activity that could be considered a nuisance or that could increase the cost of insurance for the Building.

Option C: Tenant shall use the premises solely for [Specifically Defined Office Use]. Tenant will not use the premises for the storage, use, or sale of any hazardous materials, nor will Tenant operate any machinery that creates excessive noise or vibration.

Lease Term

Option A: The term of this Lease shall commence on [Start Date] and shall expire on [End Date], unless sooner terminated as provided herein.

Option B: This Lease shall be for a term of [Number] years, commencing on [Start Date].

Option C: The lease will commence upon completion of the buildout of the space which is expected to be [Projected Commencement Date] and expire [Number] years thereafter.

Renewal/Extension

Option A: Tenant shall have the option to renew this Lease for one (1) additional term of [Number] years, provided that Tenant gives Landlord written notice of its intention to renew at least [Number] days prior to the expiration of the initial term. The rental rate for the renewal term shall be [Rental Rate or Formula].

Option B: The Lease will automatically renew for an additional term of one year unless either party gives written notice of termination at least 90 days prior to the expiration date. The new rental rate shall increase by [Percentage].

Option C: Tenant may request a renewal of the lease term. Landlord will respond in writing within 30 days of the renewal request. Landlord is not obligated to grant a renewal.

Rent

Option A: Tenant shall pay to Landlord as rent for the Premises the sum of [Dollar Amount] per month, payable in advance on the first day of each month, commencing on [Start Date].

Option B: The annual rent for the premises is [Dollar Amount], payable in equal monthly installments of [Monthly Amount] on the first of each month.

Option C: Tenant shall pay [Dollar Amount] per square foot per year, payable monthly, for the duration of this lease.

Security Deposit

Option A: Tenant shall deposit with Landlord a security deposit in the amount of [Dollar Amount], which shall be held by Landlord as security for the performance of Tenant's obligations under this Lease. Landlord shall hold the security deposit in escrow per Louisiana Revised Statutes.

Option B: Tenant will provide a security deposit of [Dollar Amount] to be held during the term of this lease. Landlord may use the security deposit to cover any damages to the property caused by Tenant or unpaid rent at the end of the lease.

Option C: No security deposit is required for this lease.

Common Area Maintenance (CAM) Fees

Option A: In addition to the rent specified above, Tenant shall pay its proportionate share of Common Area Maintenance (CAM) fees, which shall be calculated as [Proportionate Share Calculation].

Option B: CAM fees are included in the base rent.

Option C: Tenant will pay a CAM fee of [Dollar Amount] per month in addition to base rent.

Utilities

Option A: Tenant shall be responsible for the payment of all utilities used in the Premises, including electricity, water, and data.

Option B: Landlord will provide water service. Tenant is responsible for all other utilities, including electricity and data.

Option C: Landlord will provide electricity and water. Tenant is responsible for all data/internet services.

Office Buildout/Improvements

Option A: Any office buildout or improvements to the Premises shall be subject to Landlord's prior written approval. Tenant shall be responsible for obtaining all necessary permits and complying with all applicable Louisiana building codes. Ownership of improvements shall be determined as follows: [Ownership Details].

Option B: Tenant may make reasonable improvements to the space with Landlord’s written consent. All improvements shall become the property of the Landlord upon lease termination.

Option C: Landlord shall complete a buildout of the space per Exhibit B prior to the commencement of the lease. No further buildout or improvements by Tenant are permitted.

Repair and Maintenance

Option A: Landlord shall be responsible for maintaining the structure, roof, and systems of the Building. Tenant shall be responsible for maintaining the interior of the Leased Premises, including fixtures.

Option B: Landlord will be responsible for all major repairs to the building’s structure. Tenant is responsible for maintenance of the interior of the leased space.

Option C: Landlord is responsible for all repairs and maintenance.

Insurance

Option A: Tenant shall maintain commercial general liability insurance with minimum coverage of [Dollar Amount] and shall name Landlord as an additional insured. Tenant shall provide proof of coverage to Landlord.

Option B: Tenant must obtain and maintain general liability insurance in an amount no less than [Dollar Amount].

Option C: Tenant is not required to carry insurance.

Compliance

Option A: Tenant shall comply with all local business and occupancy licenses and all applicable Louisiana environmental, fire safety, and health regulations.

Option B: Tenant shall operate the business in compliance with all applicable state and local laws.

Option C: Tenant will maintain all required permits and licenses to operate their business.

Default and Remedies

Option A: If Tenant fails to pay rent or otherwise breaches this Lease, Landlord shall have all remedies available under Louisiana law, including eviction and the right to collect damages.

Option B: In the event of a default by the Tenant, Landlord may pursue any remedies available at law or in equity.

Option C: Landlord may terminate the lease for failure to pay rent or other material breach of the lease.

Indemnification

Option A: Tenant shall indemnify and hold Landlord harmless from and against any and all claims, damages, and expenses arising out of Tenant's use of the Premises.

Option B: Tenant agrees to indemnify Landlord for any damages resulting from Tenant’s negligence.

Option C: Landlord and Tenant agree to indemnify each other against any losses incurred as a result of negligence.

Amendments and Notices

Option A: Any amendments to this Lease must be in writing and signed by both parties. All notices required or permitted under this Lease shall be in writing and delivered by certified mail to the addresses set forth above.

Option B: All amendments to the lease must be made in writing and signed by both parties to be valid. Notices may be sent by certified mail, return receipt requested, or by personal delivery.

Option C: All notices must be provided in writing.

Dispute Resolution

Option A: Any dispute arising out of or relating to this Lease shall be resolved through negotiation and mediation, with venue set to [Parish Name] Parish Court in Louisiana, and shall be governed by Louisiana law.

Option B: Any disputes shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association.

Option C: The parties agree to attempt to resolve any disputes through good faith negotiation before resorting to legal action.

Mandatory Disclosures

Option A: Landlord discloses that the Premises are/are not located in a flood zone. Landlord further discloses that the Building [Does/Does Not] contain asbestos or mold.

Option B: Landlord discloses the following known conditions regarding the property: [List of Disclosures].

Option C: Landlord makes no representations or warranties as to the environmental condition of the property.

Casualty and Condemnation

Option A: In the event of casualty or condemnation, the rights of the parties shall be governed by the Louisiana Civil Code.

Option B: If the property is damaged by fire or other casualty, Landlord may elect to repair the premises or terminate the lease.

Option C: If the property is condemned, this lease shall terminate automatically.

Landlord’s Right of Access

Option A: Landlord shall have the right to access the Premises for maintenance, inspection, or showing the space to potential tenants/purchasers, with statutory notice periods as required by Louisiana law.

Option B: Landlord will provide Tenant with 24 hours’ notice before entering the premises except in the event of an emergency.

Option C: Landlord may access the premises at reasonable times and upon reasonable notice to Tenant.

Exhibits

The following exhibits are attached to and incorporated into this Lease:

Exhibit A: Premises Floorplan

Exhibit B: Rules and Regulations

Exhibit C: Initial Condition Report

Severability, Entire Agreement, and Force Majeure

Option A: If any provision of this Lease is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect. This Lease constitutes the entire agreement between the parties. Neither party shall be liable for any failure to perform its obligations under this Lease due to force majeure events, including hurricanes or flooding.

Option B: This lease represents the entire agreement between the parties. In the event of a natural disaster, the parties’ obligations shall be suspended until such time as the premises can be restored to a usable condition.

Option C: This lease shall be governed by the laws of the State of Louisiana.

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

Landlord:

____________________________

[Landlord Name]

____________________________

[Landlord Title]

Tenant:

____________________________

[Tenant Name]

____________________________

[Tenant Title]