Free Commercial Lease Application

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COMMERCIAL LEASE APPLICATION

LANDLORD INFORMATION

Landlord
Landlord's Name: _________________________
Landlord's Address: _________________________
Landlord's Phone: _________________________

Property Information
All monetary values are expressed in US Dollars.
Rental Property Address: _________________________
Application to rent suite/bay #: _________________________
Tenant's leased area: 0.00 square feet.
Anticipated Possession Date: December 15, 2017.
The term of the tenancy will be: until the 15th day of December, 2017.
The base rent will be: $0.00.
Tenant's proportionate share of operating costs: 0.00
The initial security deposit will be: $0.00.
No advance rent will be required.

TENANT INFORMATION

Business Information
Business Name: ____________________________________________________________________
Present Address: ____________________________________________________________________
Home Phone: (_________) ________________ Fax: (_________) __________________
Intended Use of Premises: ____________________________________________________________________
Emergency Contact: _________________________ Phone: (_________) __________________

Check One:

_____ Sole Proprietor

_____ Partnership

_____ Corporation

Type of Business:

_____ Retail

_____ Wholesale

_____ Manufacturer

 

_____ Other ________________

Business Name: ____________________________________________________________________
Present Address: ____________________________________________________________________
Date Established: _________________________ Number of Employees: ___________________________
Parent Company Name: ____________________________________________________________________
Parent Company Address: ____________________________________________________________________

How long at present address: _________________________ Monthly Payment: ___________________________
Present Landlord Name: ____________________________________________________________________
Present Landlord Address: ____________________________________________________________________
Present Landlord Phone: ____________________________________________________________________

How long at previous address: _________________________ Monthly Payment: ___________________________
Previous Landlord Name: ____________________________________________________________________
Previous Landlord Address: ____________________________________________________________________
Previous Landlord Phone: ____________________________________________________________________

Business Owner / Partner / Stockholder Information
First Owner's Name: ____________________________________________________________________
Home Address: ____________________________________________________________________
Home Phone: (_________) ________________ Alternative Phone: (_________) __________________
Email Address (Optional): ___________________________ Date of Birth: ______________________
Social Security Number: ________________________________________
Driver's License Number: __________________

Second Owner's Name: ____________________________________________________________________
Home Address: ____________________________________________________________________
Home Phone: (_________) ________________ Alternative Phone: (_________) __________________
Email Address (Optional): ___________________________ Date of Birth: ______________________
Social Security Number: ________________________________________
Driver's License Number: __________________

Third Owner's Name: ____________________________________________________________________
Home Address: ____________________________________________________________________
Home Phone: (_________) ________________ Alternative Phone: (_________) __________________
Email Address (Optional): ___________________________ Date of Birth: ______________________
Social Security Number: ________________________________________
Driver's License Number: __________________

Banking Information
Banking Institution: ________________________________________________________________
Address: _________________________________ Phone: (_________) ______________________

(If you bank with more than one institution, please list second bank below)

Banking Institution: ________________________________________________________________
Address: _________________________________ Phone: (_________) ______________________

Credit References
List industry references from which you make purchases through credit accounts.
Company Name: ____________________________________
Contact Name: ____________________________________
Address: ____________________________________  Phone: (_________) ______________________

Company Name: ____________________________________
Contact Name: ____________________________________
Address: ____________________________________  Phone: (_________) ______________________

Company Name: ____________________________________
Contact Name: ____________________________________
Address: ____________________________________  Phone: (_________) ______________________


Leasehold Improvements
_________________________


Credit Check Authorization
I certify that the information provided is true, accurate and complete. I authorize the individual or organization to whom this application is submitted to investigate all bank, credit and trade references named in this application, and to obtain information about the credit status of the applicant in order to assess the applicant's suitability as a tenant/lessee.

Authorized Signature _________________________________  Date __________________________
Authorized Signature _________________________________  Date __________________________

Commercial Lease Application

Alternate Names:

A Commercial Lease Application is also known as a:

  • Commercial Rental Application
  • Commercial Tenant Information Form
  • Commercial Property Application
  • Business Lease Application
  • Retail Lease Application

What is a Commercial Lease Application?

A Commercial Lease Application is a form that landlords use to screen tenants prior to entering into a Commercial Lease Agreement with a business tenant.

Much like a Rental Application for residential properties and tenants, a Commercial Lease Application acts as a first step in leasing property, potentially beginning a landlord-tenant relationship. The application is an objective way of evaluating commercial applicants to see if they are a fit for your property.

Who needs a Commercial Lease Application?

Any person who requires space to operate a business will likely need to fill out a Commercial Lease Application in order to lease commercial real estate. It's unlikely that a business owner in the market for commercial property will secure a space without going through some type of preliminary screening with the property manager or owner.

The application process can include an application, a formal Offer to Lease letter, and potentially several interviews with the landlord.

What can a landlord ask on a rental application?

A landlord handling any type of property (i.e. commercial, residential, or mixed) has to remain objective when screening tenants to avoid the possibility of a discrimination suit.

The best way to maneuver this is to use the same application process for every prospective tenant with the same questions for the same type of property.

For example, a landlord's questionnaire for a tenant looking to lease retail space would be the same as any other business tenant looking to rent the same space, but that questionnaire might differ from the one they'd give to an applicant looking for an apartment or condo.

The information landlords typically look for on a Commercial Lease Application include:

  • Business information: the business name, intended use of premises, and company structure (sole proprietorship, partnership, etc.)
  • Current and previous property information (if applicable): address, monthly payment, and landlord's name and contact information
  • Business owner/partner/stockholder information: names and contact information
  • Banking information: the tenant's banking institution's name, address, and phone number
  • Credit references: industry references (the names and numbers of companies or individuals from whom a tenant makes purchases with credit accounts)
  • Credit check authorization: permission to perform a credit check

Typically, a landlord will pursue a lease agreement with the first qualified tenant who meets the criteria of their application and whose business suits the property.

For example, a clothing retailer with great credit leasing space in a shopping mall is a more appropriate tenant than a mechanic looking to open a collision repair shop in the same space.

Keep in mind the criteria can be significantly more extensive for commercial applicants than for residential tenants because the application process can involve requesting formal Offer to Lease letters, conducting background and credit checks, reviewing references and business reports, conducting interviews, and even examining business plans or financial statements.

Related Documents:

  • Commercial Lease Agreement: an agreement that details the terms of a commercial tenancy between a landlord and a business tenant
  • Lease Amendment: a document that adds to or makes changes to the terms of an existing lease without nullifying the original
  • Offer to Lease: a formal letter written by a prospective tenant demonstrating an intent to lease a specific commercial property from a landlord
  • Rental Application: the residential equivalent of a Commercial Lease Application, used in screening potential tenants for residential properties
  • Residential Lease Agreement: the residential equivalent of a Commercial Lease Agreement, used to detail the terms of tenancy between a landlord and residential tenant
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