How to draft a land lease agreementLand Lease Agreement • August 13th, 2021
The land lease agreement is simply an agreement between the owner of a vacant land or property. It could be translated to a farm land lease agreement where the owner of the vacant land leases it to a person for the purpose of farming on it. Note that leasing out farm land does not actually need to be complicated and that is why a farm land lease agreement is important. By creating a land lease agreement or a farm land lease agreement, the tenant and landlord relationship is defined and this covers concerns related to farm rentals. No matter how friendly a landlord and tenant is, leasing a farm land should go beyond word of mouth and mere handshake. The farm land lease agreement is used to craft a proper agreement that would be binding to both the landlord and tenant. With these, the landlord can set out expectations for the tenant while the tenant accepts this expectation and signs the agreements. The landlord will also have its role captured in the agreement and the agreement of the t
ContractLand Lease Agreement • May 5th, 2020
EX-10 19 ex10a17.htm 10-A-17 SUMMIT, ILLINOIS WAREHOUSE LEASE LAND LEASE AGREEMENT This Lease Agreement made and entered into by and between FINCH & BARRY PROPERTIES, LLC, of Schaumburg, Illinois, as agent for Summit Terminal LLC hereinafter collectively referred to as "Landlord" and Ace Hardware Corporation , a corporation of Delaware , hereinafter referred to as "Tenant": WITNESSETH: Landlord hereby leases to Tenant, and Tenant hereby takes from Landlord that portion of the land consisting of 109 trailer parking spaces and 58 car parking spaces comprising the property commonly known as 5151 S. Lawndale Ave., Summit Illinois , as delineated in yellow on Exhibit "A" attached hereto, (the property leased by Tenant is referred to herein as the "Premises" or the "Leased Premises" and the entire property consisting of 15.3 acres which includes a building, the grounds surrounding the building, parking areas, driveways and dock areas located at 5151 S. Lawndale Ave., Summit Illinois is refer
ContractLand Lease Agreement • March 22nd, 2002 • Ace Hardware Corp • Wholesale-hardware & plumbing & heating equipment & supplies
LAND LEASE AGREEMENT This Lease Agreement made and entered into by and between FINCH & BARRY PROPERTIES, LLC, of Schaumburg, Illinois, as agent for Summit Terminal LLC hereinafter collectively referred to as "Landlord" and Ace Hardware Corporation , a corporation of Delaware , hereinafter referred to as "Tenant": WITNESSETH: Landlord hereby leases to Tenant, and Tenant hereby takes from Landlord that portion of the land consisting of 109 trailer parking spaces and 58 car parking spaces comprising the property commonly known as 5151 S. Lawndale Ave., Summit Illinois , as delineated in yellow on Exhibit "A" attached hereto, (the property leased by Tenant is referred to herein as the "Premises" or the "Leased Premises" and the entire property consisting of 15.3 acres which includes a building, the grounds surrounding the building, parking areas, driveways and dock areas located at 5151 S. Lawndale Ave., Summit Illinois is referred to herein as the "Entire Facility"). To have an