Nevada warehouse lease agreement template
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How Nevada warehouse lease agreement Differ from Other States
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Nevada imposes specific disclosure requirements for environmental hazards, which landlords must provide to tenants prior to lease commencement.
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Unlike some states, Nevada law limits security deposit amounts to three months’ rent for commercial leases, including warehouses.
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Nevada statutes provide unique timelines for eviction and notice of default, offering both landlords and tenants distinct legal procedures.
Frequently Asked Questions (FAQ)
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Q: Is it mandatory to notarize a warehouse lease agreement in Nevada?
A: No, notarization is not required for validity, but it may be recommended for additional legal protection.
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Q: What is the maximum security deposit allowed for a Nevada warehouse lease?
A: Nevada limits commercial lease security deposits to three months' rent, including for warehouse properties.
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Q: Are there any specific environmental disclosures required in Nevada warehouse leases?
A: Yes, Nevada law requires landlords to disclose known environmental hazards to tenants before they sign the lease.
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Nevada Warehouse Lease Agreement
This Warehouse Lease Agreement (the "Agreement") is made and entered into as of [Date], by and between [Landlord Name], residing at [Landlord Address] ("Landlord"), and [Tenant Name], residing at [Tenant Address] ("Tenant").
- Landlord's Contact Information:
- Address: [Landlord Address]
- Phone: [Landlord Phone]
- Email: [Landlord Email]
- Tenant's Contact Information:
- Address: [Tenant Address]
- Phone: [Tenant Phone]
- Email: [Tenant Email]
1. Premises
Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the warehouse premises (the "Premises") located at [Warehouse Address], within Clark County, Nevada, Parcel Number (if applicable) [Parcel Number].
- The Premises consists of approximately [Square Footage] square feet.
- Description of Premises:
- Lot Boundaries: [Description of Lot Boundaries]
- Loading Docks: [Number] loading docks, dimensions: [Dimensions].
- Parking/Truck Maneuvering Areas: [Description of Parking/Truck Maneuvering Areas].
- Ceiling Height: [Ceiling Height] feet clear height.
- Access Doors: [Number] access doors, dimensions: [Dimensions].
- Sprinkler/Fire Suppression Systems: [Description of Sprinkler/Fire Suppression Systems].
- Racking/Shelving: [Description of Racking/Shelving, if any].
- Forklift Accessibility: [Description of Forklift Accessibility].
- Temperature-Controlled Areas: [Description of Temperature-Controlled Areas, if any].
- Ventilation Systems: [Description of Ventilation Systems].
- Office/Mezzanine: [Description of Office/Mezzanine Integration, if any].
2. Use
The Premises shall be used solely for [Permitted Use, e.g., warehouse storage, distribution], and for no other purpose. Tenant shall comply with all applicable Nevada and local zoning and occupancy codes, including but not limited to those of [City/County, e.g., City of Las Vegas, Clark County].
- Options:
- Option A: Tenant shall obtain all necessary local operations permits and business licenses.
- Option B: Tenant is prohibited from using the Premises for residential or retail purposes.
- Tenant shall comply with all Nevada State Fire Marshal and OSHA warehouse safety requirements.
- Tenant shall comply with Nevada Revised Statutes Chapter 459 regarding hazardous materials storage.
3. Term
The term of this Lease shall commence on [Start Date] and shall expire on [End Date].
- Options:
- Option A: Renewal Option - Tenant shall have the option to renew this Lease for an additional term of [Number] years, provided Tenant gives Landlord written notice of its intent to renew at least [Number] days prior to the expiration of the initial term. Rent during the renewal term shall be [Renewal Rent Terms].
- Option B: Early Termination - Tenant shall have the right to terminate this Lease early by providing [Number] days written notice to Landlord and paying a termination fee of [Termination Fee Amount].
4. Rent
The monthly base rent shall be [Monthly Rent Amount], payable in advance on the [Day] day of each month, commencing on [First Rent Payment Date].
- Rent Adjustments:
- Option A: The monthly rent shall be adjusted annually based on the Consumer Price Index (CPI).
- Option B: The monthly rent shall increase by [Percentage]% annually.
- Rent Structure:
- Option A: This is a Triple-Net (NNN) Lease.
- Option B: This is a Gross Lease.
5. Security Deposit
Tenant shall deposit with Landlord a security deposit in the amount of [Security Deposit Amount], which shall be held by Landlord as security for the performance of Tenant's obligations under this Lease. The security deposit shall be returned to Tenant within the time period specified by Nevada law following the end of the lease term, less any deductions for damages or unpaid rent.
- Nevada statutory return requirements apply, pursuant to NRS 118A.242 (if residential elements) or by analogy.
6. Taxes and Insurance
- Taxes:
- Option A (NNN Lease): Tenant shall be responsible for paying all real property taxes and personal property taxes related to Tenant's business operations, including compliance with Clark County business personal property declaration requirements.
- Option B (Gross Lease): Landlord shall be responsible for paying all real property taxes.
- Insurance:
- Tenant shall maintain commercial general liability insurance in an amount not less than [Insurance Amount], naming Landlord as an additional insured.
- Tenant shall maintain contents and business interruption insurance.
- Landlord shall maintain property insurance on the Premises.
7. Common Area Maintenance (CAM)
- Option A (NNN Lease): Tenant shall pay its pro rata share of all Common Area Maintenance (CAM) expenses. CAM expenses include, but are not limited to, landscaping, snow removal, pest control, security, and common area utilities.
- CAM Reconciliation: Landlord shall provide Tenant with an annual reconciliation of CAM expenses. Tenant shall have the right to inspect Landlord's CAM records. Disputes shall be resolved through [Dispute Resolution Method].
8. Utilities
Tenant shall be responsible for paying all utilities serving the Premises, including electricity, gas, water, and sewer.
- Option A: Landlord will bill Tenant for utilities based on [Billing Method, e.g., submetering, pro rata share].
9. Repairs and Maintenance
- Landlord Responsibilities: Landlord shall be responsible for maintaining the structural elements of the Premises, including the roof, foundation, exterior walls, and fire suppression systems.
- Tenant Responsibilities: Tenant shall be responsible for maintaining the interior of the Premises in good repair and condition, including routine repairs to equipment, doors, and floors.
- Tenant shall promptly report any damage to the Premises to Landlord.
- Landlord shall have the right to inspect the Premises upon reasonable notice.
10. Alterations and Improvements
Tenant shall not make any alterations or improvements to the Premises without Landlord's prior written consent. All alterations and improvements shall comply with all applicable city/county permitting requirements and building codes.
- Option A: Tenant shall be responsible for restoring the Premises to its original condition upon the expiration or termination of this Lease.
- Option B: Any improvements made by Tenant will become the property of Landlord upon lease termination.
11. Compliance with Laws
Tenant shall comply with all applicable federal, state, and local laws, ordinances, and regulations, including but not limited to fire safety regulations, Nevada State OSHA requirements, and environmental regulations enforced by the Nevada Division of Environmental Protection (NDEP).
- Tenant is responsible for compliance with all local fire department, Nevada State OSHA, and environmental (NDEP) requirements.
- This includes, but is not limited to, fire suppression recertification, chemical storage limitations, MSDS posting, and regular inspection access for governmental authorities.
- Tenant must adhere to Nev. Rev. Stat. Ch. 459 and special environmental rules for waste disposal.
12. Hazardous Materials
Tenant shall not store, use, or dispose of any hazardous materials on the Premises in violation of applicable law. Tenant shall be responsible for any spills, hazardous waste, or environmental contamination caused by Tenant's use of the Premises.
- Tenant shall immediately notify Landlord and the appropriate regulatory agencies of any spills or releases of hazardous materials.
13. Indemnification
Tenant shall indemnify and hold Landlord harmless from any and all claims, losses, damages, liabilities, and expenses arising out of Tenant's use of the Premises, including but not limited to claims for personal injury, property damage, or environmental contamination, subject to Nevada comparative negligence law.
14. Assignment and Subletting
Tenant shall not assign this Lease or sublet the Premises without Landlord's prior written consent, which consent shall not be unreasonably withheld. Any assignment or subletting shall be subject to compliance with all applicable local land use and warehouse-specific health and safety laws.
15. Default
If Tenant fails to pay rent when due or otherwise breaches this Lease, Landlord shall have the right to pursue all available remedies under Nevada law, including eviction pursuant to Nevada's unlawful detainer procedures.
- Causes for default include nonpayment, breach of use restrictions, unauthorized hazardous material storage, or material facility damage.
16. Dispute Resolution
Any dispute arising out of or relating to this Lease shall be resolved through [Dispute Resolution Method, e.g., negotiation, mediation, arbitration] in [City, Nevada]. This lease shall be governed by the laws of the State of Nevada.
17. Surrender of Premises
Upon the expiration or termination of this Lease, Tenant shall surrender the Premises to Landlord in the same condition as received, reasonable wear and tear excepted. Tenant is responsible for the removal of all personal property and any unapproved alterations or improvements, unless agreed otherwise. The Landlord and Tenant will perform a walkthrough checklist with photographic record before move-in and after move-out.
18. Notices
All notices required or permitted under this Lease shall be in writing and shall be deemed to be given when personally delivered or when mailed by certified mail, return receipt requested, to the addresses set forth above.
19. Entire Agreement
This Lease constitutes the entire agreement between the parties and supersedes all prior or contemporaneous communications and proposals, whether oral or written. No amendment to this Lease shall be effective unless it is in writing and signed by both parties.
20. Landlord's Compliance
Landlord confirms compliance with all state and county warehouse permitting, business license obligations, ADA accessibility (if public access), local fire code, and current zoning permissions.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.
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[Landlord Name] (Landlord)
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[Tenant Name] (Tenant)