New Hampshire Commercial Rental Agreement Form

The New Hampshire Commercial Rental Agreement is a form that can be used for allowing a landlord to let an entity or person to lend their commercial property in return for a monthly payment.

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Page 1 of 12	
A r t.No. 19601	
Initials:
This commercial lease agreement, dated 	, 
  is bet ween 	
 
  and       	
Landlord
The landlord and/or agent(s) is/are referred to in this lease agreement as “Landlord.”
Tenant 
The tenant(s) is/are referred to in this lease as “Tenant.”
 
The par ties agree as follows:
§1 Rental Property
  The Landlord agrees to rent to the Tenant the proper t y described as a 
    located at 	, which is referred to in this lease agree-
ment as the “Leased Premises.”	
§2  Legal Description
  The legal description for the Leased Premises is 
Comme RCia L Lease a gReemen T

Page 2 of 12	
Commercial Lease agreement with Periodic Tenanc y    	A r t.No. 19601	
Initials:
§3 Term of Lease
3.1  The term of the lease is a periodic tenanc y commencing at 12:00 noon on 	 and continu-
ing  on  a 	
 
basis until the Landlord or the Tenant terminates the tenanc y.
3.2  Upon 	
 notice, the Landlord may terminate the tenanc y under this lease if the 
Tenant has defaulted in the payment of any por tion of the rent when due.
3.3  Upon 
 notice, the Landlord may terminate the tenanc y under this lease if the 
Tenant fails to obser ve, per form and keep each and ever y of the covenants, agreements, stipulations, obliga-
tions, conditions and other provisions of this lease to be obser ved, per formed and kept by the Tenant and the 
Tenant persists in such default beyond the said notice.
3.4  Upon 
 notice, the Landlord may terminate the tenanc y under this lease without 
cause or reason.
3.5  Upon 
 notice, the Tenant may terminate the tenanc y under this lease without 
cause or reason. 	
§4  a mount of Rent
  The amount of the rent is $ 	, to be paid 	. The 
total lease payment is $	
.	
§5  Form of Payment
  Payment of the rent will only be made by personal check , unless modified through provision below. 
§6 Date Rent is Due
  The  rent  is  due  on  or  before  the 	day  of  each  month.  This  is  the  day  by 
which the Landlord must have received the Tenant’s rent payment.	
§7  Late Fee
7.1  If rent or any other charges are not received by the Landlord within 	 days 
af ter the rent due date, the Tenant must pay a late fee of $ 	
 in addition to the 
rent.
7.2  Payments received by the Landlord when there are arrears, will be credited first to any outstanding balance, and then 
applied to the current amount due.

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Commercial Lease agreement with Periodic Tenanc y    	A r t.No. 19601	
Initials:
§8 Returned Payments for i nsufficient Funds
 A returned payment fee of $ 	 will be added for all returned payments. If there are more 
than t wo instances of returned payments, the Tenant agrees that the Landlord may require all future pay -
ments to be made only by cer tified check , money order, or cash.	
§9  Condition of Property
  The  Tenant  acknowledges  that  the  Tenant  has  inspected  the  Leased  Premises,  and  that  at  the  commencement  of 
this lease agreement, the interior and the ex terior of the Leased Premises, as well as all equipment and any 
appliances, were found to be in an acceptable condition and in good working order. The Tenant concedes that 
the Landlord has not made any promises regarding the condition of the Leased Premises. The Tenant agrees 
to return the Leased Premises to the Landlord at the end of the lease agreement in the same condition it was 
at the beginning of the lease agreement.
§10 Possession
10.1  The  Tenant  is  entitled  to  possession  on  the  first  day  of  the  term  of  this  lease,  and  will  yield  possession  to  the 
Landlord on the last day of the term of this lease, unless other wise agreed to by both par ties in writing.
10.2  The Landlord will use its best ef for ts to give the Tenant possession as near to the beginning of the lease term as 
possible. If the Landlord is unable to timely provide the Leased Premises, rent will abate for the period of 
delay. The Tenant makes no other claim against the Landlord for any such delay. At the expiration of the term, 
the Tenant will remove their goods and ef fects and peaceably yield the Leased Premises to the Landlord in 
as good a condition as when delivered to the Tenant, ordinar y wear and tear excepted.
§11 Quiet Possession
  The Landlord covenants and warrants that upon per formance by the Tenant of its obligations hereunder, the Landlord 
will keep the Tenant in exclusive, quiet, peaceable, undisturbed and uninterrupted possession of the Leased 
Premises during the term of this lease.
§12 Default
12.1  If default is made in any of the covenants or conditions to be kept, obser ved and per formed by the Tenant, and such 
default continues for 30 days af ter notice thereof in writing to the Tenant by the Landlord without correction 
thereof and having been commenced and thereaf ter diligently executed, the Landlord may declare the term of 
this lease ended and terminated by giving the Tenant writ ten notice of such intention. If possession of the 
Leased Premises is not surrendered, the Landlord may reenter the said Leased Premises. The Landlord has, in 
addition to the remedy provided above, any other right or remedy available to the Landlord on account of any 
Tenant default, either in law or equit y. The Landlord will use reasonable ef for ts to mitigate its damages.
12.2  The Tenant understands and agrees that if the Tenant files a petition of bankruptc y, it will not release the Tenant 
from the fulfillment of the terms and conditions of the lease agreement.

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Commercial Lease agreement with Periodic Tenanc y    	A r t.No. 19601	
Initials:
§13  security Deposit
  At the time of signing this lease agreement, the Tenant will give the Landlord a securit y deposit of $	.
     The  securit y  deposit  will  be  held  by  the  Landlord  without  liabilit y  for  interest,  and  as  securit y  for  the  per -
formance  by  the  Tenant  of  the  Tenant‘s  covenants  and  obligations  under  this  lease,  it  being  expressly  un -
derstood that the securit y deposit will not be considered an advance payment of rental or a measure of the 
Landlord‘s damages in case of default by the Tenant. Unless other wise provided by mandator y non-waivable 
law  or  regulation,  the  Landlord  may  commingle  the  securit y  deposit  with  the  Landlord‘s  other  funds.  The 
Landlord  may,  from  time  to  time,  without  prejudice  to  any  other  remedy,  use  the  securit y  deposit  to  the 
ex tent necessar y to make good any arrearages of rent, or to satisf y any other covenant or obligation of the 
Tenant hereunder. Following any such application of the securit y deposit, the Tenant will pay to the Landlord 
on demand the amount so applied in order to restore the securit y deposit to its original amount. If the Tenant 
is not in default at the termination of this lease, the Landlord will return the balance of the securit y deposit 
remaining af ter any such application to the Tenant. If the Landlord transfers its interest in the Leased Pre -
mises during the term of this lease, the Landlord may assign the securit y deposit to the transferee and af ter 
that will have no fur ther liabilit y for the return of the securit y deposit.	
§14  s ublease and a ssignment
 The Tenant has the right, without the Landlord‘s consent, to assign this lease to a corporation with which the Tenant 
may merge or consolidate, to any subsidiar y of the Tenant, to any corporation under common control with the 
Tenant, or to a purchaser of substantially all of the Tenant‘s assets.  except as is set for th above, the Tenant 
will not sublease all or any par t of the Leased Premises, or assign this lease in whole or in par t without the 
Landlord‘s consent, such consent not to be unreasonably withheld or delayed.
§15  m aintenance
15.1 The Landlord‘s obligations for maintenance include: 
    -  the roof, outside walls, and other structural par ts of the building 
 
    -  the parking lot, driveways, and sidewalk s including snow and ice removal 
 
    -  the sewer, water pipes, and other mat ters related to plumbing 
 
    -  the electrical wiring  
    -  the air conditioning system  
    -  all other items of maintenance not specifically delegated to the Tenant under this lease.  
15.2  The Tenant‘s obligations for maintenance include:

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Commercial Lease agreement with Periodic Tenanc y    	A r t.No. 19601	
Initials:
§16 Utilities and s ervices
 The Tenant is responsible for all utilities and ser vices incurred in connection with the Leased Premises.
§17  alterations and i mprovements
 The Tenant, at the Tenant‘s expense, has the right following the Landlord‘s consent to remodel, redecorate, and make 
additions, improvements, or replacements to all or any par t of the Leased Premises from time to time as the 
Tenant may deem desirable, provided the same are made in a workmanlike manner and utilizing good qualit y 
materials. The Tenant has the right to place and install personal proper t y, trade fix tures, equipment and other 
temporar y installations in and upon the Leased Premises, and fasten the same to the Leased Premises. All 
personal proper t y, equipment, machiner y, trade fix tures and temporar y installations, whether acquired by the 
Tenant at the commencement of the lease term or placed or installed on the Leased Premises by the Tenant 
thereaf ter, will remain the Tenant‘s proper t y free and clear of any claim by the Landlord. The Tenant has the 
right to remove the same at any time during the term of this lease, provided that all damage to the Leased 
Premises caused by such removal is repaired by the Tenant at the Tenant‘s expense.
§18 Property Taxes
  The Landlord will pay, prior to delinquenc y, all general real estate taxes and installments of special assessments due 
during the lease term on the Leased Premises, and all personal proper t y taxes with respect to the Landlord‘s 
personal proper t y, if any, on the Leased Premises. The Tenant is responsible for paying all personal proper t y 
taxes with respect to the Tenant‘s personal proper t y at the Leased Premises.
§19 Property i nsurance
19.1 The Landlord and Tenant will each maintain appropriate insurance for their respective interests in the Leased Pre-
mises and proper t y located on the Leased Premises. The Landlord will be named as an additional insured in 
such policies. The Tenant will deliver appropriate evidence to the Landlord as proof that adequate insurance is 
in force issued by companies reasonably satisfactor y to the Landlord. The Landlord will receive advance writ-
ten notice from the insurer prior to any termination of such insurance policies. The Tenant will also maintain 
any other insurance that the Landlord may reasonably require for the protection of the Landlord‘s interest in 
the Leased Premises. The Tenant is responsible for maintaining casualt y insurance on its own proper t y. 
19.2  If the Leased Premises or any other par t y of the building is damaged by fire or other casualt y resulting from any act 
or negligence of the Tenant or any of the Tenant‘s agents, employees or invitees; rent is not to be diminished 
or abated while such damages are under repair, and the Tenant will be responsible for the costs of repair not 
covered by insurance.
§20 Liability i nsurance
 The  Tenant  will  maintain  liabilit y  insurance  on  the  Leased  Premises  in  a  total  aggregate  sum  of  at  least 
       
$                                      .  The  Tenant  will  deliver  appropriate  evidence  to  the  Landlord  as  proof  that  ade-
quate  insurance  is  in  force  issued  by  companies  reasonably  satisfactor y  to  the  Landlord.  The  Landlord 
will  receive  advance  writ ten  notice  from  the  insurer  prior  to  any  termination  of  such  insurance  policies.

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Commercial Lease agreement with Periodic Tenanc y    	A r t.No. 19601	
Initials:
§21  signs 
  Following  the  Landlord‘s  consent,  the  Tenant  has  the  right  to  place  on  the  Leased  Premises,  at  locations  selected 
by the Tenant, any signs which are permit ted by applicable zoning ordinances and private restrictions. The 
Landlord may refuse consent to any proposed signage that is in the Landlord‘s opinion too large, deceptive, 
unat tractive,  or  other wise  inconsistent  with  or  inappropriate  to  the  Leased  Premises  or  use  of  any  other 
tenant. The Landlord will assist and cooperate with the Tenant in obtaining any necessar y permission from 
governmental  authorities  or  adjoining  owners  and  occupants  for  the  Tenant  to  place  or  construct  the  fore -
going  signs.  The  Tenant  will  repair  all  damage  to  the  Leased  Premises  resulting  from  the  removal  of  signs 
installed by the Tenant.
§22  Landlord’s Right of e ntry
22.1 The Landlord, with 24 hours writ ten notice, has the right during the term of this lease agreement to enter during 
reasonable hours to inspect the Leased Premises, make repairs or improvements, or to show prospective bu -
yers and/or tenants the proper t y. A s provided by law, in the event of an emergenc y, the Landlord reser ves the 
right to enter the Leased Premises without notice. It is required that the Landlord have a working set of keys 
and/or  securit y  codes  to  gain  access  to  the  Leased  Premises.  Therefore,  the  Tenant  will  not  change  lock s, 
install additional lock s, bolts, or securit y systems without the writ ten consent of the Landlord. Unauthorized 
installation or changing of any lock s will be replaced at the Tenant’s expense. The Tenant is responsible for 
any and all damages that may occur as a result of forcible entr y during an emergenc y where there was an 
unauthorized placement of a lock .
22.2  During the last three months of this lease, or any ex tension of this lease, the Landlord is allowed to display the usual 
“For Rent“ signs and show the Leased Premises to prospective tenants.
§23 Parking
  The Tenant is entitled to use 	 parking space(s) for the parking of the Tenant‘s customers‘/guests‘ motor 
vehicle(s).	
§24  Damage, Destruction and Condemnation
24.1  If the Leased Premises are damaged or destroyed by fire or other casualt y to the ex tent that enjoyment of the dwel -
ling unit is substantially impaired, the Landlord in its sole discretion may elect to repair the Leased Premises 
or  terminate  the  lease  upon  30  days  writ ten  notice  to  the  Tenant.  If  the  Leased  Premises  are  condemned 
or cannot reasonably be repaired, this lease will terminate upon 20 days writ ten notice by either par t y. The 
Tenant will give the Landlord immediate notice of any damage to the Leased Premises.
24.2  If any legally constituted authorit y condemns the building or such par t thereof which makes the Leased Premises 
unsuitable for leasing, this lease will cease when the public authorit y takes possession, and the Landlord and 
Tenant will account for rent as of that date.  such termination will be without prejudice to the rights of either 
par t y to recover compensation from the condemning authorit y for any loss or damage caused by the condem -
nation. Neither par t y has any rights in or to any award made to the other by the condemning authorit y.

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Commercial Lease agreement with Periodic Tenanc y    	A r t.No. 19601	
Initials:
§25  notice
  Any notice required by the terms of this lease will be in writing.
    Notices sent to the Landlord will be sent to:
 
    Notices sent to the Tenant will be sent to:
 
 
 
    Notice may be given by either par t y to the other in any manner provided for by law, or in any of the following: 
regular mail, personal deliver y, or email.
§26 Brokers
  The Tenant af firms that the Tenant was not shown the Leased Premises by any real estate broker or agent, and that 
the Tenant has not other wise engaged in any activit y which could form the basis for a claim of real estate 
commission, brokerage fee, finder‘s fee or other similar charge in connection with this lease.
§27 Rules and Regulations
  The  Tenant  will  comply  with  the  rules  of  the  building  adopted  and  altered  by  the  Landlord  from  time  to  time,  and 
will cause all of its agents, employees, invitees and visitors to do so. All changes to such rules will be sent 
by the Landlord to the Tenant in writing. The initial rules for the building are at tached hereto as “ exhibit A” 
and incorporated herein for all purposes.
§28  s ecurity n ot Promised
 The Tenant has inspected and acknowledges that all door and window lock s, fire ex tinguishers, securit y alarm sy-
stems  and/or  carbon  monoxide  detectors  are  in  sound  working  order.  The  Tenant  fur ther  understands  and 
acknowledges that, although the Landlord makes ever y ef for t to make the Leased Premises safe and secure, 
this in no way creates a promise of securit y.
§29  abandonment
  If the Tenant vacates the Leased Premises before the end of the lease term without writ ten permission from the 
Landlord, the Leased Premises is then considered to be abandoned and the Tenant is in default of this lease 
agreement.  Under  these  circumstances,  the  Tenant  may  be  responsible  for  damages  and  losses  allowed  by

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Commercial Lease agreement with Periodic Tenanc y    	A r t.No. 19601	
Initials:	
state, federal and local regulations.	
§30 Joint and s everal Liability
 The Tenant understands and agrees that if there is more than one Tenant that has signed the lease agreement, each 
Tenant is individually and completely responsible for all obligations under the terms of the lease agreement. 
§31  mechanics’ Liens
 Neither the Tenant, nor anyone claiming through the Tenant, has the right to file mechanics’ liens or any other kind of 
lien on the Leased Premises, and the filing of this lease constitutes notice that such liens are invalid. Fur ther, 
the Tenant agrees to (1) give actual advance notice to any contractors, subcontractors or suppliers of goods, 
labor, or ser vices that such liens will not be valid, and (2) take whatever additional steps necessar y in order 
to keep the Tenant Premises free of all liens resulting from construction done by or for the Tenant.  
§32  arbitration
  Any controversy or claim relating to this contract, including the construction or application of this contract, will be 
set tled  by  binding  arbitration  under  the  rules  of  the  American  Arbitration  A ssociation,  and  any  judgment 
granted by the arbitrator(s) may be enforced in any cour t of proper jurisdiction. 
§33  misrepresentation
 If any information provided by the Tenant in application for this lease is found to be knowingly incorrect, untruthful 
and/or misleading, it is a breach of the lease.  
§34  storage
  The Tenant is entitled to store items of personal proper t y in 	 
during the term of this lease. The Landlord is not liable for loss of, or damage to, such stored items. 	
§35  Keys
  The Tenant will be given 	 key(s) to the Leased Premises and 	 mailbox key(s). If all keys are not 
returned to the Landlord following termination of the lease, the Tenant will be charged $ 	
.	
§36  Lockout Fees
  If the Tenant becomes locked out of the Leased Premises, the Tenant will be charged $ 	 
to regain entr y.

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Commercial Lease agreement with Periodic Tenanc y    	A r t.No. 19601	
Initials:
§37 Termination upon s ale of Premises
 Not withstanding any other provision of this lease, the Landlord may terminate this lease upon 60 days writ ten notice 
to the Tenant that the Leased Premises have been sold.
§38 Habitability
  The  Tenant  has  inspected  the  Leased  Premises  and  fix tures  (or  has  had  the  Leased  Premises  inspected  on  behalf 
of the Tenant ), and acknowledges that the Leased Premises are in a reasonable and acceptable condition of 
habitabilit y for their intended use, and the agreed lease payments are fair and reasonable. If the condition 
changes so that, in the Tenant‘s opinion, the habitabilit y and rental value of the Leased Premises are adver-
sely af fected, the Tenant will promptly provide reasonable notice to the Landlord.
§39 Holdover
  If the Tenant maintains possession of the Leased Premises for any period af ter the termination of this lease (referred 
to as „holdover period“), the Tenant will pay the Landlord lease payment(s) during the holdover period at a 
rate equal to 	
 % of the most recent rate preceding the holdover 
period (if less, the maximum amount allowed by law).  such holdover will constitute a month-to-month ex ten-
sion of this lease.	
§40  Remodeling or s tructural improvements
 The Tenant is allowed to conduct any construction or remodeling (at the Tenant‘s expense) only with the prior writ-
ten consent of the Landlord. At the end of the lease term, the Tenant is entitled to remove (or will remove 
at  the  Landlord’s  request )  such  fix tures,  and  will  restore  the  Leased  Premises  to  substantially  the  same 
condition of the Leased Premises at the commencement of this lease. 
§41  indemnity Regarding Use of Premises
  To the ex tent permit ted by law, the Tenant agrees to indemnif y, hold harmless, and defend the Landlord from and 
against any and all losses, claims, liabilities, and expenses, including reasonable at torney fees, if any, which 
the  Landlord  may  suf fer  or  incur  in  connection  with  the  Tenant‘s  possession,  use  or  misuse  of  the  Leased 
Premises, except the Landlord‘s act or negligence.
§42 Dangerous m aterials
 The Tenant will not keep or have on the Leased Premises any ar ticle or thing of a dangerous, flammable, or explo-
sive character that might substantially increase the danger of fire on the Leased Premises, or that might be 
considered hazardous by a responsible insurance company, unless the prior writ ten consent of the Landlord 
is obtained and proof of adequate insurance protection is provided by the Tenant to the Landlord.

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Commercial Lease agreement with Periodic Tenanc y    	A r t.No. 19601	
Initials:
§43  governing Law
  The law under which this agreement will be governed, construed and interpreted will be those of the state of
  	
.	
§4 4  Headings 
  The headings used in this lease are for convenience of the par ties only and should not be considered in interpreting 
the meaning of any provision of this lease.
§45  successors
  The provisions of this lease ex tend to and are binding upon the Landlord and Tenant and their respective legal re-
presentatives, successors and assigns.
§46  subordination
46.1  The Tenant accepts this lease subject and subordinate to any mor tgage, deed of trust, or other lien presently exi-
sting or hereaf ter arising upon the Leased Premises, or upon the building, and to any renewals, refinancing 
and ex tensions thereof, but the Tenant agrees that any such mor tgagee has the right at any time to subordi-
nate such mor tgage, deed of trust, or other lien to this lease on such terms and subject to such conditions as 
such mor tgagee may deem appropriate in its discretion. The Landlord is hereby irrevocably vested with full 
power and authorit y to subordinate this lease to any mor tgage, deed of trust, or other lien now existing or 
hereaf ter placed upon the Leased Premises of the Building, and the Tenant agrees upon demand to execute 
such fur ther instruments subordinating this lease or at torning to the holder of any such liens as the Landlord 
may  request.  In  the  event  that  the  Tenant  should  fail  to  execute  any  instrument  of  subordination  herein 
required to be executed by the Tenant promptly as requested, the Tenant hereby irrevocably constitutes the 
Landlord as its at torney-in-fact to execute such instrument in the Tenant‘s name, place and stead, it being 
agreed that such power is one coupled with an interest. 
46.2  The Tenant agrees that it will from time to time upon request by the Landlord execute and convey to persons such 
as the Landlord requests a statement in recordable form cer tif ying that this lease is unmodified and in full 
force and ef fect (or if there have been modifications, that the same is in full force and ef fect as so modified), 
stating the dates to which rent and other charges payable under this lease have been paid, stating that the 
Landlord  is  not  in  default  hereunder  (or  if  the  Tenant  alleges  a  default  stating  the  nature  of  such  alleged 
default ), and fur ther stating such other mat ters as the Landlord reasonably requires.
§47 Waiver
  No  waiver  of  any  default  of  the  Landlord  or  Tenant  hereunder  is  implied  from  any  omission  to  take  any  action  on 
account  of  such  default  if  such  default  persists  or  is  repeated,  and  no  express  waiver  af fects  any  default 
other than the default specified in the express waiver, and only for the time and to the ex tent therein stated. 
One or more waivers by the Landlord or Tenant should not be construed as a waiver of a subsequent breach 
of the same covenant, term, or condition.

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Commercial Lease agreement with Periodic Tenanc y    	A r t.No. 19601	
Initials:
§48 Waiver of n otice
 The Tenant waives the right to receive a notice of default from the Landlord unless such notice is required by state 
or local regulations.
§49 Compliance with Law and Regulations
  The Tenant will comply with all laws, orders, ordinances and other public requirements now or hereaf ter per taining 
to the Tenant‘s use of the Leased Premises. The Landlord will comply with all laws, orders, ordinances and 
other public requirements now or hereaf ter af fecting the Leased Premises.
§50 Cumulative Rights
  The rights of the par ties under this lease are cumulative, and will not be construed as exclusive unless other wise 
required by law.
§51  severability
  If  any  par t  of  this  lease  agreement  is  not  valid,  enforceable,  binding  or  legal,  it  will  not  cancel  or  void  the  rest  of 
this lease agreement. The remainder of the lease agreement will continue to be valid and enforceable by the 
Landlord  to  the  maximum  ex tent  of  the  laws  and  regulations  set  for th  by  local,  state  and  federal  govern -
ments.
§52  Final and e ntire agreement
52.1 This  Agreement  terminates  and  supersedes  all  prior  understandings  or  agreements  on  the  subject  mat ter  hereof. 
This Agreement may be modified only by a fur ther writing that is duly executed by both par ties.
52.2  By signing this lease agreement, the Tenant cer tifies that they have read, understood and agree to comply with all 
of the terms, conditions, rules and regulations of this lease agreement, including any addendums, and that 
they have received the following:
 
  1.  Copies of all addendums, rules and regulations, special terms and conditions, and applications.
 
  2.  All necessar y key(s), securit y card(s), and/or auto stickers to the Leased Premises.

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Commercial Lease agreement with Periodic Tenanc y    	A r t.No. 19601	
Tenant’s signature:
 	  	
Landlord’s s ignature: