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The agreement sets a 36-month initial term beginning on the Commencement Date, addresses possession delivery and potential rent abatement, and defines base rent of $3,258 per month with proration rules. It also covers late payments, returned-check service charges, and security deposit handling, use, and refund conditions, including landlord discretion and required written reasons for withholding.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/commercial-lease-agreement-multi-tenant-facilities-lease-terms-and-rent-provisions/282728/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/commercial-lease-agreement-multi-tenant-facilities-lease-terms-and-rent-provisions/282728.png","ImageObject",442,249,{"name":88,"@type":89},"Ezra","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-19","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":40},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the initial lease term and when does it start?","Question",{"text":108,"@type":109},"The initial term is 36 months, beginning on the earlier of completion of the work in any attached work letter or June 1, 2024 (the Commencement Date). It runs through May 31, 2027.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What happens if the landlord cannot deliver possession on the Commencement Date?",{"text":113,"@type":109},"Rent is abated daily until possession is granted. If possession is not granted within 14 days of the Commencement Date, the tenant may terminate, and the landlord must promptly refund all payments and deposits.",{"name":115,"@type":106,"acceptedAnswer":116},"How is late rent handled and what charges apply?",{"text":117,"@type":109},"Rent not paid in full by the fifth day of the month is late. If the landlord accepts late payment, it must include an additional $100 and, if applicable, a returned-check service charge of $100.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},282728,1790046830,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":40,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":79},1099514068035,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","COMMERCIAL LEASE AGREEMENT  \n(Multi-Tenant Facilities)  \n2024 Printing  \nIn consideration of the mutual covenants set forth herein, this Lease (hereafter the term “Lease” and “Agreement” are used  \ninterchangeably) is entered into this date of May 7th, 2024 between 19 Jefferson LLC  \n(hereinafter “Landlord”) and Coweta County Development Authority  ,(hereinafter “Tenant”) Landlord leases to Tenant, and  \nTenant leases from Landlord, the Property with the following address: 19 C Jefferson Street ,  \nNewnan , Georgia TAXPIN/ID\\# N040003003 N040003006 as more  \n_ ______________________________ _ _________ __  \n30263 & and  \nparticularly described in the Legal Description Paragraph below:  \nLegal Description. The legal description of the Property is attached as an exhibit hereto and incorporated herein.  \n1. Term. The initial term of this Lease shall be for   36 Months  beginning on the earlier of the completion of the work  \ndescribed in any attached Work letter or the date of June 1, 2024 (“Commencement Date”), through and  \nincluding the date of May 31, 2027   \n2. Possession. If Landlord is unable to deliver possession of Property on the Commencement Date, rent shall be abated on a daily basis until possession is granted. If possession is not granted within fourteen (14) days from the Commencement Date, Tenant may terminate this Lease in which event Landlord shall promptly refund all payments and deposits to Tenant. Landlord shall not be liable for delays in the delivery of possession to Tenant.  \n3. Rent. Tenant shall pay base rent to Landlord without demand, deduction, or setoff in advance in the sum of $ 3258.00  ,  three thousand two-hundred and fifty-eight Dollars per month on the first day of each month during the term of the Lease or any renewals thereof, at the following address: PO Box 231 Newnan, GA 30264   \n  (or at such other address as may be designated from time to time by Landlord in writing) . If the Commencement Date begins on the second day through the last day of any month, the rent shall be prorated for that portion of the month and shall be paid at the time of leasing Property. Tenant shall also pay additional rent as may be provided elsewhere in this Lease. Such additional rent shall be paid in the same manner as the base rent.  \n4.  Late Payment; Service Charge for Returned Checks. Rent not paid in full by the fifth day of the month shall be late. Landlord shall have no obligation to accept any rent not received by the fifth of the month. If late payment is made and Landlord accepts the same, the  \npayment must be in the form of cash, cashier’s check or money order and must include an additional rent amount of $  100.00  and, if applicable, a service charge for any returned check of $_ 100.00  Landlord reserves the right to refuse to accept  \npersonal checks from Tenant after one or more of Tenant’s personal checks have been returned by the bank unpaid.  \n5. Security Deposit.  \nA. Security Deposit to be Held by Landlord or Broker: [Check one. The section not marked shall not be a part of this Agreement.]  \n􀂆 Landlord Holding Security Deposit:  \n(1) Tenant has paid to Landlord as security for Tenant’s fulfillment of the conditions of this Lease a security deposit of $  ,   Dollars in  \n􀂆 cash, 􀂆 money order and/or 􀂆 check (“Security Deposit”) .  \n(2) Landlord shall deposit the Security Deposit in Landlord’s general account with Landlord retaining the interest if the account is interest bearing. Tenant acknowledges and agrees that Landlord shall have the right to use such funds for whatever purpose Landlord sees fit, and such funds will not be segregated or set apart in any manner.  \n(3) Tenant recognizes and accepts the risk of depositing the Security Deposit with Landlord. Tenant acknowledges that Tenant has not relied upon the advise of any Broker in deciding to pay such Security Deposit to Landlord. Landlord and Tenant acknowledge and agree that:  \n(a) Broker has no responsibility for, or control over, ","cbCaibkvp1pWBNbI","https://ap.wps.com/l/cbCaibkvp1pWBNbI","pdf",430655,10,"English","# Term\n## Possession\n## Rent\n## Late Payment and Returned Checks\n## Security Deposit","[{\"question\":\"What is the initial lease term and when does it start?\",\"answer\":\"The initial term is 36 months, beginning on the earlier of completion of the work in any attached work letter or June 1, 2024 (the Commencement Date). It runs through May 31, 2027.\"},{\"question\":\"What happens if the landlord cannot deliver possession on the Commencement Date?\",\"answer\":\"Rent is abated daily until possession is granted. If possession is not granted within 14 days of the Commencement Date, the tenant may terminate, and the landlord must promptly refund all payments and deposits.\"},{\"question\":\"How is late rent handled and what charges apply?\",\"answer\":\"Rent not paid in full by the fifth day of the month is late. If the landlord accepts late payment, it must include an additional $100 and, if applicable, a returned-check service charge of $100.\"}]","Commercial Lease Agreement - Multi-Tenant Facilities - Lease Terms and Rent Provisions | PDF",1789581054]