Dec 15, 2024
Requires 90-day notice
Mar 1, 2025
+3.5% ($4,200/mo increase)
Jun 15, 2025
Liability coverage required
Jan 31, 2026
Estimated: $12,400
This Lease Agreement ("Agreement") is entered into as of December 1, 2024
between Landlord Corp ("Landlord") and Tenant Inc ("Tenant")
The Landlord agrees to lease to Tenant approximately 12,500 square feet
of office space located at 123 Main Street, Suite 400
The initial term shall be 5 years commencing on
January 1, 2025 and expiring on December 31, 2029
Lex does the heavy lifting
No pandemic/disaster protection. You're liable for rent during building closures.
Undefined who pays for system repairs. Average dispute cost: $15,000
You cannot exit this lease early or sublet without landlord consent
CEO personally liable for $2.4M lease value
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