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2 <br /> NC REALTORSO <br /> Commercial Forms COMMERCIAL LEASE AGREEMENT <br /> REALTOR <br /> (Single Tenant Facility) <br /> (Note: This form is not intended to be used as a Sublease and SHOULD NOT be used in Sublease circumstances) <br /> THIS COMMERCIAL LEASE AGREEMENT, including any and all addenda attached hereto ("Lease"), is by and between <br /> a(n) ("Landlord"), <br /> (individual or State of formation and type of entity) <br /> whose address is and <br /> a(n) ("Tenant"). <br /> (individual or State of formation and type of entity) <br /> whose address is <br /> ❑If this box is checked,the obligations of Tenant under this Lease are secured by the guaranty of <br /> (name(s) of guarantor(s)) attached hereto and incorporated herein by reference. <br /> (Note:Attach Guaranty Agreement(Form 595-T)or attorney-drafted guaranty). <br /> For and in consideration of the mutual promises set forth herein and other good and valuable consideration,the receipt and sufficiency <br /> of which are hereby acknowledged,the parties hereto agree as follows: <br /> PREMISES <br /> 1. Landlord leases unto Tenant, and Tenant hereby leases and takes upon the terms and conditions which hereinafter appear, the <br /> following described property,including any improvements located thereon(herein after called the"Premises"),to wit: <br /> (Address): <br /> ❑All A portion of the property in Deed Reference:Book Page No. <br /> County;consisting of approximately acres. <br /> Plat Reference:Lot(s) Block or Section ,as shown on Plat Book or Slide <br /> at Page(s) County,consisting of acres. <br /> ❑If this box is checked, Premises shall mean that property described on Exhibit A attached hereto and incorporated herewith by <br /> reference. <br /> (For information purposes only,the tax parcel number of the Premises is: ) <br /> ❑Occupancy Limitation: If this box is checked,notwithstanding any greater occupancy of the Premises which may be permitted by <br /> any law, statute, ordinance, regulation, rule (including rules enacted pursuant to any private use restrictions), as the same may be <br /> amended from time to time,Tenant shall not allow occupancy of the Premises to exceed persons per square feet <br /> in the Premises at any one time. <br /> TERM <br /> 2.The term of this Lease shall commence on ("Lease Commencement Date"),and shall end at <br /> 11:59 p.m. (based upon the time at the locale of the Premises)on ,unless sooner terminated as <br /> herein provided. The first Lease Year Anniversary shall be the date twelve (12) calendar months after the first day of the first full <br /> month immediately following the Lease Commencement Date and successive Lease Year Anniversaries shall be the date twelve (12) <br /> calendar months from the previous Lease Year Anniversary. <br /> ❑If this box is checked,Tenant shall have the option of renewing this Lease,upon written notice given to Landlord at least <br /> days prior to the end of the then expiring term of this Lease,for additional term(s)of years each. <br /> Page 1 of 12 <br /> North Carolina Association of REALTORS®,Inc. STANDARD FORM 592-T <br /> Revised 7/2024 <br /> REkt7p Tenant Initials Landlord Initials ©7/2024 <br /> Taylor-Hall Properties,200 S.Churton Street Hillsborough NC 27278 Phone:9196731190 Fax: HREG <br /> Frank Casadonte Produced with Lone Wolf Transactions(zipForm Edition)717 N Harwood St,Suite 2200,Dallas,TX 75201 www.lwolf.com <br />