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AGREEMENT OF LEASE between THE CITY OF NEW YORK, Landlord, and NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION Tenant. Premises “Building 102, Fort Gotten Queens County, New Outdated as of September

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How to fill out agreement of lease between

01

Begin by including the header of the agreement, which should clearly state that it is an agreement of lease between the two parties involved.

02

Specify the details of the lessor (landlord) and the lessee (tenant), including their names, addresses, and contact information.

03

Define the property being leased, including the address and any specific details or conditions related to the property.

04

Mention the duration of the lease, including the start and end dates. Also, clearly state any provisions regarding lease renewal or termination.

05

Outline the rental payment terms, including the amount, frequency, and method of payment. Additionally, include any information regarding late fees, security deposits, or rent increases.

06

Specify the responsibilities and obligations of both the lessor and the lessee, such as maintenance, repairs, utilities, insurance, and any restrictions on usage.

07

Include any additional terms or conditions that both parties agree upon, such as pet policies, subleasing, or any specific rules or regulations for the property.

08

Mention any provisions for termination of the lease, including circumstances under which either party can terminate the agreement and any notice period required.

09

Include a clause for dispute resolution, which may involve mediation, arbitration, or litigation.

10

Finally, both parties should sign and date the agreement, with witnesses if necessary.

11

It is recommended to consult with a legal professional or use a template provided by a reputable source when drafting an agreement of lease.

Who needs agreement of lease between?

01

Landlords or property owners who want to lease their property to tenants.

02

Tenants who are looking to rent a property from a landlord.

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