Oklahoma office lease agreement template

Oklahoma Office Lease Agreement

This Office Lease Agreement (the "Lease") is made and effective as of this [Date], by and between [Landlord Legal Name], residing at [Landlord Oklahoma Address] ("Landlord"), and [Tenant Legal Name], residing at [Tenant Oklahoma Address] ("Tenant").

1. Premises

Option A: Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the office space located at [Property Address], Suite/Floor [Suite/Floor Number], consisting of approximately [Square Footage] square feet (the "Premises") as depicted on the attached floor plan (Exhibit A). Square footage is measured according to [BOMA Standard or Agreed Standard].

Option B: The Premises includes the right to use the following common areas: lobbies, restrooms, parking areas as described below, elevators, and shared meeting rooms.

Option C: Included building amenities are: HVAC system (specifications detailed in Exhibit B), security systems, fire safety installations, on-site management, janitorial services, common area Wi-Fi, and ADA-compliant access features.

2. Use of Premises

Option A: The Premises shall be used solely for general office purposes and related activities.

Option B: Tenant shall not use the Premises for any retail sales, residential purposes, or any activities that violate Oklahoma zoning laws or commercial property statutes.

Option C: Tenant shall comply with all applicable Oklahoma zoning ordinances and commercial property statutes related to the use of the Premises.

3. Term

Option A: The term of this Lease shall commence on [Commencement Date] and expire on [Expiration Date].

Option B: Holdover: Any holdover by Tenant after the Expiration Date shall be construed as a month-to-month tenancy, subject to all terms and conditions of this Lease.

Option C: Renewal: Tenant shall have the option to renew this Lease for an additional term of [Renewal Term Length], provided Tenant gives Landlord written notice of its intent to renew at least [Number] days prior to the Expiration Date.

4. Rent

Option A: Tenant shall pay Landlord base rent in the amount of [Dollar Amount] per month, payable in advance on the first day of each month.

Option B: Payment Method and Location: Rent shall be paid to Landlord at [Payment Address] or via electronic funds transfer to [Bank Name], Account Number [Account Number], Routing Number [Routing Number].

Option C: Escalation: The base rent shall increase annually by [Percentage]% or according to the following index: [Index Name].

Option D: Security Deposit: Tenant shall deposit with Landlord a security deposit in the amount of [Dollar Amount], to be held and returned in accordance with the Oklahoma Security Deposit Act.

Option E: Late Fee: If rent is not received within [Number] days of the due date, a late fee of [Dollar Amount] will be charged.

5. Additional Charges

Option A: Common Area Maintenance (CAM): Tenant shall pay its pro rata share of CAM expenses, calculated as [Calculation Method].

Option B: Utilities: Tenant shall pay for the following utilities: [List of Utilities]. Landlord shall bill tenant the costs monthly.

Option C: Property Taxes: Tenant shall pay its pro rata share of all local and state commercial property taxes levied against the property.

Option D: Parking Fee: Tenant shall pay [Dollar Amount] per month for dedicated parking spaces.

6. Alterations and Improvements

Option A: Tenant shall not make any alterations or improvements to the Premises without Landlord's prior written approval.

Option B: All alterations and improvements shall be performed by licensed Oklahoma contractors and in compliance with all Oklahoma building codes and ADA requirements.

Option C: Upon termination of the Lease, all permanent improvements shall become the property of the Landlord.

7. Repairs and Maintenance

Option A: Tenant shall be responsible for the repair and maintenance of the interior of the Premises.

Option B: Landlord shall be responsible for the repair and maintenance of the structure, roof, and systems of the building.

Option C: Tenant shall report any damage to the Premises to Landlord promptly. Landlord shall address the damage within [Number] days.

Option D: Landlord shall have the right to enter the Premises for inspection, repair, or emergency, with reasonable prior notice to Tenant, except in emergencies.

8. Insurance

Option A: Tenant shall maintain commercial general liability insurance with minimum coverage limits of [Dollar Amount], naming Landlord as an additional insured.

Option B: Tenant shall also maintain property insurance covering its personal property and trade fixtures.

Option C: Tenant shall provide Landlord with certificates of insurance upon request.

9. Casualty

Option A: In the event of fire, tornado, or other casualty, rent shall be abated in proportion to the extent the Premises are rendered unusable.

Option B: If the Premises are rendered completely unusable, either party may terminate this Lease.

10. Assignment and Subletting

Option A: Tenant shall not assign this Lease or sublet the Premises without Landlord's prior written consent, which consent shall not be unreasonably withheld.

Option B: Any assignment or subletting without Landlord's consent shall be void.

11. Default

Option A: If Tenant fails to pay rent or otherwise breaches this Lease, Landlord shall provide Tenant with written notice of default and [Number] days to cure the default, as required under Oklahoma law.

Option B: If Tenant fails to cure the default within the cure period, Landlord may terminate this Lease and pursue all available remedies under Oklahoma law, including eviction and recovery of damages.

12. Access

Option A: Landlord shall have the right to access the Premises for showing, inspection, or emergencies, subject to reasonable prior notice to Tenant, except in emergencies.

13. Compliance with Laws

Option A: Tenant shall comply with all applicable Oklahoma commercial property statutes, state and city building codes, anti-discrimination laws, environmental regulations, and fire safety ordinances.

14. Dispute Resolution

Option A: Any disputes arising out of or relating to this Lease shall be resolved through negotiation, followed by mediation in Oklahoma.

Option B: If mediation is unsuccessful, the dispute shall be resolved through arbitration in Oklahoma or in the District Court of [County Name] County, Oklahoma. This Lease shall be governed by the laws of the State of Oklahoma.

15. Property Taxes

Option A: Tenant shall be responsible for the pass-through of ad valorem taxes as levied by [County Name] County authorities.

16. Disclosures

Option A: [Include required Oklahoma disclosures, such as asbestos or hazardous materials disclosure].

Option B: For buildings constructed before 1978, a lead-based paint disclosure is attached (Exhibit C).

17. Entire Agreement

Option A: This Lease constitutes the entire agreement between the parties and supersedes all prior or contemporaneous communications and proposals, whether oral or written.

Option B: No modification or waiver of any provision of this Lease shall be effective unless in writing and signed by both parties, pursuant to Oklahoma Statutes Tit. 41.

18. Binding Effect

Option A: This Lease shall be binding upon and inure to the benefit of the parties and their respective successors and assigns.

19. Signatures

Option A: This Lease may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Electronic signatures are permitted under Oklahoma law.

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

Landlord:

____________________________

[Landlord Legal Name]

____________________________

[Landlord Signature]

Tenant:

____________________________

[Tenant Legal Name]

____________________________

[Tenant Signature]

Exhibit A: Floor Plan

Exhibit B: HVAC System Specifications

Exhibit C: Lead-Based Paint Disclosure (if applicable)