Land Lease Agreement

Purpose: This Land Lease Agreement ("Agreement") sets forth the terms and conditions under which the Lessor agrees to lease to the Lessee a parcel of vacant land for commercial, agricultural, or residential purposes.

1. Parties

This Agreement is made on {agreementDate}, by and between:

• Lessor: {lessorName}, residing at {lessorAddress}
• Lessee: {lesseeName}, residing at {lesseeAddress}

2. Description of the Premises

The Lessor hereby leases to the Lessee the land located at {propertyAddress}, further described as:

{legalDescription}

3. Term of Lease

The lease shall commence on {startDate} and shall terminate on {endDate}, unless extended or terminated earlier in accordance with this Agreement.

4. Rent

The Lessee agrees to pay rent to the Lessor in the amount of {rentAmount} per {rentInterval}, payable on the {dueDate} of each period.

5. Permitted Use

The leased premises may be used for {intendedUse} purposes only.

6. Maintenance and Improvements

Lessee shall maintain the property in good condition at all times and agrees not to make improvements without written consent of the Lessor.

{#improvements}

Approved Improvements:

• {description}

{/improvements}

7. Utilities

{#utilitiesIncluded}Utilities included: {utilityList}{/utilitiesIncluded}

{^utilitiesIncluded}Lessee is responsible for payment of all utility services required for the premises.{/utilitiesIncluded}

8. Insurance

{#hasInsurance}The Lessee shall maintain appropriate insurance coverage for the leased premises throughout the term of this Agreement.{/hasInsurance}

{^hasInsurance}Insurance is not required under this Agreement.{/hasInsurance}

9. Termination

Either party may terminate this lease upon {terminationNoticePeriod} written notice.

10. Governing Law

This Agreement shall be governed by the laws of the state of {stateJurisdiction}.

11. Signatures

12. Additional Terms

{#additionalTerms}

1. {termText}

{/additionalTerms}