This California commercial lease agreement form allows the Landlord to lease out a space for retail, office, or industrial use, while the Tenant pays rent based on the price per square foot ($/SF) in addition to any triple-net (NNN) expenses.
When Does a Commercial Lease Agreement Become Legally Binding in CA?
The California Commercial Lease Agreement template becomes legally binding when both parties sign the contract and the buyer gets the notice that the seller has accepted the deal. The buyer can get the notice in-person, by phone, and/or email.
Required Disclosure Forms
- Accessibility (CASp): The lease must state if the property was inspected by a Certified Access Specialist (CASp). This info must be given at least 48 hours before signing.
- Agency Disclosure (if a realtor is involved): If a real estate agent represents the landlord or tenant, both parties must sign a form acknowledging the agent’s role.
- Agricultural Land (if nearby): If the property is within one mile of farmland, the tenant must be informed.
Asbestos (if built before 1979): If the building contains asbestos, the landlord must tell the tenant in writing. - Hazardous Substances (if known): The landlord must disclose any known hazardous materials on the property.
- Energy Use (for large buildings): Required if the building is over 50,000 square feet.
- Drug Contamination (if applicable): If the property was used to make meth or fentanyl and cleaned up, the tenant must be told, along with cleanup reports.
- Prop 65 Warning (if applicable): If the property has chemicals that could cause cancer or birth defects, it must be disclosed.