Wisconsin office lease agreement template

Wisconsin Office Lease Agreement

This Wisconsin Office Lease Agreement (the “Agreement”) is made and entered into as of [Date of Signing], by and between [Landlord's Full Legal Name], a [Landlord's Business Entity Type, e.g., LLC], with a principal place of business at [Landlord's Full Address] (“Landlord”), and [Tenant's Full Legal Name], a [Tenant's Business Entity Type, e.g., Corporation], with a principal place of business at [Tenant's Full Address] (“Tenant”).

Premises

The Landlord leases to the Tenant and the Tenant leases from the Landlord the premises located at [Street Address], Suite/Unit [Suite/Unit Number], in the City of [City], County of [County], State of Wisconsin, legally described as [Legal Property Description], consisting of approximately [Total Rentable Square Footage] rentable square feet (the “Premises”). The Premises are located on the [Floor Location] floor of the building (the "Building").

Boundaries: [Detailed description of the boundaries of the leased premises within the building. E.g., "The Premises consist of the entire west wing of the second floor, as depicted on Exhibit A attached hereto." or "The Premises are outlined in red on the floor plan attached hereto as Exhibit A."].

Use of Premises

The Premises shall be used solely for general business office purposes (the “Permitted Use”).

Option A: The Tenant is allowed to operate [Specific Type of Office, e.g., accounting firm].

Option B: The Tenant is prohibited from operating [Specific Type of Office, e.g., a call center].

The Tenant shall comply with all applicable local zoning ordinances, state and municipal office occupancy codes, Landlord’s building rules, and condominium/homeowners’ association rules, ordinances specific to Wisconsin office properties, and all other applicable laws and regulations.

The Tenant shall not store or use any hazardous materials on the Premises.

Residential, retail, industrial, or any non-office activities are strictly prohibited.

Term

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

Rent Commencement Date: [Rent Commencement Date].

Option A: The Tenant shall have the option to renew this Lease for [Number] additional term(s) of [Length of Renewal Term] each, upon written notice to the Landlord given not less than [Number] days prior to the expiration of the then-current term.

Option B: Early Termination: The Tenant shall have the option to terminate this lease early by providing the Landlord with [Number] months written notice and paying a termination fee of [Dollar Amount].

Holdover: Any holding over by Tenant beyond the expiration of the Term shall be construed as a tenancy from month to month.

Rent

The monthly base rent for the Premises shall be [Dollar Amount], payable in advance on the [Day] day of each month, commencing on the Rent Commencement Date.

Permitted Payment Methods: [Specify payment methods, e.g., check, ACH transfer].

Option A: Annual Percentage Increase: The monthly base rent shall increase by [Percentage]% annually on each anniversary of the Rent Commencement Date.

Option B: CPI Escalation: The monthly base rent shall be adjusted annually based on the Consumer Price Index (CPI).

Late Payment Penalty: A late payment penalty of [Dollar Amount] or [Percentage]% of the overdue amount (whichever is greater), plus interest at the maximum rate permitted by Wisconsin law, shall be assessed on any rent payment not received within [Number] days of the due date.

Returned ACH/Check Fee: A fee of [Dollar Amount] will be charged for any returned ACH transfers or checks.

Security Deposit: The Tenant shall deposit with the Landlord a security deposit in the amount of [Dollar Amount]. The security deposit shall be held and applied in accordance with Wisconsin statutes, including Sec. 704.28. Interest on the deposit, if required by local ordinance, will be paid to the tenant as required by said ordinance.

Additional Charges

In addition to the base rent, the Tenant shall be responsible for the following recurring charges:

CAM (Common Area Maintenance): Tenant shall pay its proportionate share of CAM expenses, calculated as [Tenant's Rentable Square Footage] / [Total Building Rentable Square Footage].

Property Taxes and Special Assessments: Tenant shall pay its proportionate share of property taxes and special assessments, calculated as [Tenant's Rentable Square Footage] / [Total Building Rentable Square Footage]. Landlord shall provide Tenant with notice of any tax increases at least [Number] days prior to the payment due date.

Utilities: Tenant shall be responsible for the direct payment of all utilities serving the Premises, including electric, gas, water, sewer, data/telecom.

Option A: Janitorial Services: Tenant is responsible for their own janitorial services.

Option B: Landlord-Provided Janitorial Services: Tenant shall pay [Dollar Amount] per month for Landlord-provided janitorial services.

Waste Management, Snow Removal, Landscaping: Tenant shall pay its proportionate share of waste management, snow removal, and landscaping costs, calculated as [Tenant's Rentable Square Footage] / [Total Building Rentable Square Footage].

Disclosures and Attachments

The following disclosures and attachments are incorporated into this Agreement:

Wisconsin Department of Agriculture, Trade and Consumer Protection “Right to Cure” Notice.

Option A: Radon Gas Disclosure (if applicable).

Option B: EPA Lead-Based Paint Disclosure (for buildings constructed pre-1978).

Exhibit A: Floor Plan of Premises.

Alterations and Improvements

Tenant shall not make any alterations or improvements to the Premises without the Landlord’s prior written consent, which shall not be unreasonably withheld.

All alterations and improvements shall be performed in compliance with all applicable municipal permits and codes, including the Wisconsin Commercial Building Code.

Option A: Restoration Required: At the expiration of the Term, Tenant shall restore the Premises to its original condition, reasonable wear and tear excepted.

Option B: No Restoration Required: Tenant is not required to restore the Premises to its original condition.

Any cabling, IT infrastructure, furniture, and signage installed by the Tenant shall be removed at the Tenant's expense upon the expiration or termination of this Lease.

Repair and Maintenance

The Landlord shall be responsible for maintaining the roof, structural elements, and MEP (mechanical, electrical, and plumbing) systems of the Building.

The Tenant shall be responsible for routine office repairs within the Premises.

HVAC Servicing Schedule: [Detail HVAC servicing schedule and responsibilities].

Pest Control: [Detail pest control responsibilities].

The Tenant shall promptly report any damage to the Premises to the Landlord.

Emergency Maintenance Procedures: [Detail emergency maintenance contact information and procedures].

Landlord shall have the right to enter the premises with reasonable notice to inspect and conduct necessary repairs.

Business Interruption and Access

In the event of a business interruption due to fire, flood, or other casualty, rent shall be abated proportionally to the extent the Premises are unusable.

Landlord shall have the right to access the Premises for inspection or repairs upon providing reasonable notice to the Tenant, except in cases of emergency.

The Tenant shall report any accidents or casualties on the premises to the Landlord immediately.

Insurance

The Tenant shall maintain commercial general liability insurance, property/casualty insurance, and business interruption insurance, with minimum policy limits of [Dollar Amount].

The Landlord shall be named as an additional insured on the Tenant’s commercial general liability policy.

Tenant shall provide Landlord with evidence of insurance upon request.

Fire/Life Safety

Tenant shall comply with all fire/life-safety rules and evacuation plans for the Building.

Alarm Compliance: [Detail alarm compliance requirements].

Assignment and Subleasing

Tenant shall not assign this Lease or sublet the Premises without the Landlord’s prior written consent, which shall not be unreasonably withheld. The Landlord's approval is subject to due diligence of the potential assignee or sublessee according to Wisconsin law.

Indemnity

The Tenant shall indemnify and hold harmless the Landlord from and against any and all claims, losses, damages, liabilities, and expenses arising out of the Tenant’s use of the Premises, except to the extent caused by the Landlord’s negligence or willful misconduct.

Surrender of Premises

Upon the expiration or termination of this Lease, the Tenant shall surrender the Premises in good condition, reasonable wear and tear excepted, and shall remove all of its personal property.

Key/Card Return: Tenant shall return all keys and access cards to Landlord.

Security Deposit Return: Landlord shall return the security deposit, less any deductions for damages or unpaid rent, within the time period required by Wisconsin Sec. 704.28. The landlord will provide an itemized list of any deductions. The security deposit will be returned to [Tenant forwarding address].

Abandoned Property

Any property left on the Premises after the expiration or termination of this Lease shall be deemed abandoned and may be disposed of by the Landlord in accordance with Wisconsin statutes.

Dispute Resolution

Any dispute arising out of or relating to this Lease shall be resolved through negotiation, mediation, and, if necessary, litigation in the courts of Wisconsin.

Governing Law: This Lease shall be governed by and construed in accordance with the laws of the State of Wisconsin.

“Right to Cure” Default Notices: All default notices provided under this agreement shall comply with the provisions outlined in Wisconsin Sec. 704.17.

Building Rules and Regulations

Tenant shall comply with all building rules and regulations established by the Landlord, including those related to building access cards, signage (exterior/interior), directory listings, and communication with building management.

Access Cards: Building access cards will be provided at a cost of [Dollar Amount] per card.

Signage: [Details of signage rules and costs].

Tax Obligations

Landlord is responsible for all property taxes, which may be passed through to the Tenant as specified in this agreement. Tenant is responsible for their own personal property taxes.

Landlord Representations

The Landlord represents that it has the authority to lease the Premises and that the Premises are in compliance with all applicable codes.

Tenant Compliance

Tenant shall comply with all applicable Wisconsin labor, nondiscrimination, accessibility, health and safety, business licensing, and employment reporting laws.

General Provisions

This Lease constitutes the entire agreement between the parties and may not be modified except by a written instrument signed by both parties.

Severability: If any provision of this Lease is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

Notice: All notices required or permitted under this Lease shall be in writing and shall be deemed to have been given when personally delivered or sent by certified mail, return receipt requested, to the addresses set forth above. Electronic notice is also permitted to [Landlord's Email] and [Tenant's Email], provided confirmation of receipt is obtained.

Force Majeure

Neither party shall be liable for any failure to perform its obligations under this Lease to the extent such failure is caused by a force majeure event, including severe Wisconsin winter weather or utility interruption.

Estoppel Certificate

Tenant agrees to execute and deliver to Landlord, within [Number] days of request, an estoppel certificate in the form reasonably requested by Landlord.

Additional Provisions

[Include any additional or custom provisions specific to the property or tenant’s use]

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

Landlord:

____________________________

[Landlord's Full Legal Name]

By: ____________________________

[Landlord's Signature]

Name: [Landlord's Printed Name]

Title: [Landlord's Title]

Tenant:

____________________________

[Tenant's Full Legal Name]

By: ____________________________

[Tenant's Signature]

Name: [Tenant's Printed Name]

Title: [Tenant's Title]