Lease Back Agreement Template – US

Disclaimer

The information provided is intended solely as a general example concerning arrangements where property owners retain a form of ownership while leasing it back to the original party. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in real estate or contractual law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.

Please note: This is an example Lease Back Agreement template for the US, provided for illustrative purposes only. Actual terms may differ based on specific negotiations and legal requirements.

Lease Back Agreement Sample (US)

Parties Involved:

Lessor: ABC Properties LLC
Address: 123 Main Street, New York, NY 10001

Lessee: XYZ Corporation
Address: 456 Elm Avenue, New York, NY 10002

Property Description:

The property subject to this agreement is located at 789 Maple Drive, New York, NY 10003, or other designated real estate as specified herein.

Lease Terms:

The Lessee agrees to lease the property back from the Lessor for a term of __________ months/years, beginning on __________ and ending on __________, with a monthly rent of $__________, payable in advance on the first day of each month.

Responsibilities of Parties:

The Lessor shall maintain ownership and title of the property during the lease term, while the Lessee shall be responsible for routine maintenance and adhering to all applicable laws pertaining to the property.

Governing Law:

This agreement shall be governed by the laws of the State of New York. Disputes shall be resolved within the jurisdiction of the New York courts.

Additional Provisions:

• The parties agree to execute any additional documents necessary to effectuate this agreement.
• This agreement may only be amended in writing signed by both parties.
• All obligations shall be binding upon successors and assigns of the parties.

New York, ______________________