Commercial Lease Agreement - Alaska

COMMERCIAL LEASE AGREEMENT (ALASKA)

Before you use this: Complete the property, rent, operating cost, maintenance, and insurance schedules before signing. This lease is for commercial space, not a dwelling unit. Alaska's AS 34.03 chapter addresses dwelling-unit rentals; its residential tenancy terms are not imported here. AS 09.25.010(a)(6) requires a writing subscribed by the party charged for an enforceable lease longer than one year.

This Commercial Lease Agreement ("Lease") is made on [__/__/____] by [LANDLORD LEGAL NAME], a [ENTITY TYPE] ("Landlord"), and [TENANT LEGAL NAME], a [ENTITY TYPE] ("Tenant"). The parties agree as follows.

1. Premises and lease grant

Landlord leases to Tenant, and Tenant leases from Landlord, the commercial space described in Schedule A ("Premises") for the term below. Schedule A identifies the property, exact boundaries or attached plan, shared areas, parking and loading rights, existing occupants, and any title or lender restriction disclosed by Landlord. No space or right is included solely because it appears on a marketing plan.

Landlord represents that it has authority to grant the leasehold described here, subject to the interests disclosed in Schedule A. Tenant shall use the Premises only for the permitted use and shall obtain licenses and approvals assigned to it in Schedule C. Neither party represents that the proposed use is permitted without the review identified in that schedule.

2. Term, possession, and delivery

The term begins on [__/__/____] or, if delivery is conditional, on [DEFINED DELIVERY EVENT]. It ends on [__/__/____] unless extended or ended under this Lease. Rent begins on [__/__/____] or [DEFINED RENT EVENT]. Landlord will deliver the Premises in the condition and with the work listed in Schedule B. The parties will sign a delivery record noting keys, meter readings, unfinished work, and the actual commencement date.

If delivery is late, the following negotiated terms apply: outside delivery date [__/__/____]; agreed extension events [________________________________]; Tenant's remedy after that date [________________________________]. An early-access period, if any, begins [__/__/____] and permits [ACTIVITIES], with insurance and utility allocation in Schedule B.

Renewal option: ☐ None ☐ Tenant may renew for [____] additional term(s) of [____] months each by notice received at least [____] days before the current term ends. Rent during renewal is [FIXED AMOUNT OR OBJECTIVE FORMULA]. If the parties intend an appraisal process, attach the method, appointment deadlines, and interim rent before signing.

3. Rent and other charges

For a partial first or last month, base rent is prorated by [ACTUAL DAYS / OTHER METHOD]. A charge not listed here or in Schedule D is not added to rent solely by being incurred by Landlord. Schedule D defines included operating costs, exclusions, Tenant's allocation share, billing support, annual reconciliation, and any audit or dispute period. Tenant shall pay undisputed amounts when due while the parties resolve a documented charge dispute under Schedule D.

Landlord holds the security identified above under these agreed terms: permitted applications [________________________________]; notice and itemization [________________________________]; replenishment, if any [________________________________]; return trigger and deadline [________________________________]; transfer on sale [________________________________]. No residential statutory deposit cap or return period is stated for this commercial tenancy.

4. Services, repairs, and Alaska operating conditions

The parties allocate responsibility in Schedule C for structure, roof, exterior, suite interior, heating, plumbing, electrical systems, utilities, parking, snow and ice, roads, fire and safety systems, and ordinary versus capital work. A party receiving notice of a condition within the other's responsibility shall promptly forward it. Neither party may interrupt essential service as a means of collecting rent or obtaining possession.

A listed item is a property fact to check and allocate. It is not a representation that a particular hazard, code provision, or insurance policy applies. Landlord may enter on [____] hours' prior notice for agreed inspections or work, except for an actual emergency when reasonably prompt notice will follow.

5. Work, alterations, and compliance

Schedule B identifies Landlord's work, Tenant's work, plans, approvals, permits, allowance, change orders, completion evidence, and ownership or removal of improvements. Tenant shall not alter structural or building systems without Landlord's written consent. Tenant shall keep its contractors insured as stated in Schedule E and repair physical damage their work causes. Landlord's consent does not replace a required permit or technical approval.

Schedule C allocates known use, occupancy, accessibility, environmental, fire, building, and other requirements by activity and area, including responsibility for preexisting conditions and later changes. Each party will perform the obligations assigned to it and cooperate in required access and information. Tenant shall promptly notify Landlord of an actual release, claim, or government notice affecting the Premises; responsibility and any remediation will be determined under Schedule C and applicable law, rather than assumed from the notice alone.

6. Assignment, subletting, and lender documents

Tenant may assign or sublet only with Landlord's prior written consent, except for this agreed exception: [________________________________]. Landlord will respond within [____] days after receiving the information listed here: [________________________________]. Consent terms, continuing Tenant liability, review costs, and any profit share are: [________________________________]. Silence is not consent unless the parties expressly state a different rule here: [________________________________].

A subordination, nondisturbance, and attornment agreement or lender consent applies only if separately signed by the affected parties. The Lease's current title or lender exceptions are disclosed in Schedule A. Neither party is required by this clause alone to surrender an option, deposit claim, or possession protection.

7. Insurance, casualty, and taking

Schedule E states each party's policies, limits, deductibles, additional insureds, property covered, evidence and renewal duties, and any waiver of subrogation. Each party gives prompt notice of a material claim. The parties will cooperate with insurers but no certificate is a promise of coverage.

After casualty or a taking affecting the Premises, the parties will use this agreed process: immediate notice [METHOD]; safety and access measures [________________________________]; restoration decision and outside date [________________________________]; rent adjustment during lost use [________________________________]; termination right if restoration fails [________________________________]. Personal property and business loss remain allocated in Schedule E. No automatic abatement or award follows merely from the event.

8. Default, cure, and possession

A party claiming material breach shall give written notice describing the breach and a requested cure. For unpaid rent, the agreed cure period is [____] days after receipt of notice. For another curable breach, it is [____] days after receipt, with this extension if cure cannot reasonably finish in that period: [________________________________]. These contractual periods do not replace any mandatory legal notice or procedure.

After an uncured material breach, the nonbreaching party may seek relief available under this Lease and applicable law. Agreed charges, documented costs, and any fee allocation are: [________________________________]. No future-rent acceleration, automatic attorney fee, punitive award, or liability cap is created by this blank form. Landlord will obtain possession through Tenant's voluntary surrender or lawful court process; this Lease grants no lockout, property-removal, or service-interruption right.

Tenant's notice, repair, offset, abatement, and termination rights, if negotiated, are: [________________________________]. A party may take reasonable steps to protect people or property during an emergency without treating that action as repossession.

9. Surrender and transition

At lease end, Tenant shall return keys, remove its personal property and trade fixtures except as otherwise stated in Schedule B, and leave the Premises in the condition required by [SPECIFIC CONDITION STANDARD], ordinary wear excluded. The parties will sign a surrender record with meter readings, property left behind, outstanding work, and addresses for final notices. Handling of property left behind is subject to a separately completed procedure and applicable law; this clause does not authorize summary disposal.

10. Notices, disputes, and general terms

A notice under this Lease must be in writing and delivered personally, by tracked mail, or to an agreed email address with acknowledgment. It is effective when received, unless applicable law requires another method. The notice contacts are:

Alaska law governs this Lease. A dispute may be filed in a court with jurisdiction over the subject and parties. The parties have agreed to arbitration ☐ No ☐ Yes, under a separately signed rider attached as Exhibit [____]. No jury waiver or automatic prevailing-party fee is included here.

This Lease and its completed schedules are the parties' full agreement. A change must be signed by both parties. If one term is unenforceable, the remaining terms continue to the extent they can operate independently. Each signer represents authority to sign for the named party. The parties may sign counterparts.

LANDLORD: [LEGAL NAME]

By: [________________________________]
Printed name and title: [________________________________]
Date: [__/__/____]

TENANT: [LEGAL NAME]

By: [________________________________]
Printed name and title: [________________________________]
Date: [__/__/____]

Schedule A — Property and title

Attach the signed premises plan and identify property address, suite or whole-building boundary, exclusive and shared areas, parking, loading, recorded interests or superior rights disclosed to Tenant, and any lender consent required. Additional agreed terms: [________________________________].

Schedule B — Delivery and work

Attach plans and list delivery condition, Landlord work, Tenant work, permits, contractor access, allowance, payment milestones, completion standard, delays, change orders, inspection, and ownership/removal of improvements. Additional agreed terms: [________________________________].

Schedule C — Services and compliance allocation

Schedule D — Operating costs and taxes

Select ☐ gross rent with no pass-through ☐ identified pass-throughs below. Define eligible cost categories, excluded capital or financing costs, tax and insurance allocation, Tenant's share, estimate and annual true-up, invoice access, and dispute process: [________________________________].

Schedule E — Insurance and risk

Sources and References

• Alaska Statutes § 09.25.010(a) (writing and signature for covered lease agreements).
• Alaska Statutes § 34.03.010(b)(1) (dwelling-unit chapter purpose).