Oklahoma Commercial Lease Agreement

An Oklahoma commercial lease agreement is a contract for a tenant to lease industrial, retail, or office space. The agreement sets the terms and conditions for both tenants and landlords, as well as information concerning rent, deadlines, penalties, and other items. These types of leases are longer and more complicated than a residential lease, so working with a lawyer is advisable.

Writing Oklahoma Commercial Lease Agreements

• Landlord’s contact information
• Property manager’s contact information (if any)
• Tenant’s contact information
• Description of the lease property
• Authorized use of the lease property
• Type of lease (gross, modified-gross, or triple-net)
• Term of the lease and the commencement date
• Option to renew the lease (if any)
• Rent and landlord’s profit participation in operations (if any)
• Penalty for late/non-payment of rent (including eviction process)
• Designation of the responsible parties for certain expenses and utilities
• Security deposit and refund policy
• Leasehold improvements allowed by the landlord
• Additional terms as needed (including municipal codes and restrictions)
• Landlord and tenant contact information and form for legal service
• Place for the signatures of all parties

Frequently Asked Questions

Does a commercial lease need to be notarized in Oklahoma? Does a commercial lease need to be notarized in Oklahoma? No, a commercial lease does not need to be notarized in Oklahoma for it to be considered a legally binding document; however, any party to the lease may request to have it notarized if they so desire. Read more »