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Defines the demised property, the base term length, commencement and end time, and conditions under which rent is prorated or the lease may be voided. Sets the rent payment structure using flat-rate or graduated-rate schedules across the base term, and provides options to extend with written notice 120 days before expiration. Also specifies renewals require required written approvals and describes utilities included in base rent.",{"@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/standard-lease-agreement-rpm-5-lease-terms/281837/",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/standard-lease-agreement-rpm-5-lease-terms/281837.png","ImageObject",442,249,{"name":88,"@type":89},"Angel","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-22","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":8},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the base term and how is it defined in this lease?","Question",{"text":108,"@type":109},"The base term is the period for which rent is paid, with a specified commencement date and an end at 12:00 midnight on the stated date.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How is rent calculated under the flat-rate and graduated-rate options?",{"text":113,"@type":109},"Rent is paid over the base term according to either a flat rate for a selected period or a graduated schedule that lists rent amounts and per–rentable square foot rates by year.",{"name":115,"@type":106,"acceptedAnswer":116},"What notice is required to extend the lease, and what approvals are needed?",{"text":117,"@type":109},"The Lessee must provide written notice of intent at least 120 days before the term expires. Renewal terms are not binding until written approval by the Department of Finance and Administration through the Real Property Division and the Public Procurement Review Board where applicable.","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},281837,1790514583,{"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":8,"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},687207412472,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","STANDARD LEASE AGREEMENT  \nBureau of Building, Grounds and Real Property Management  \nRPM-5  \nRPM Lease Number:    \nPPRB Approval Date:    \nThis Lease Agreement entered into on this the   day of   ,   , which is on or after the date the Public Procurement Review Board approved this Lease by and between   , whose address is   , (hereinafter referred to as “Lessor”), and   , whose address is   ,(hereinafter referred to as “Lessee”) . The terms “Lessor” and “Lessee” shall include, whenever the context admits or requires, singular or plural, the heirs, legal representatives, successors and assigns ofthe respective parties.  \nWITNESSETH  \nFOR AND IN CONSIDERATION of the rental, covenants and conditions hereinafter stipulated to be paid and performed by Lessee, Lessor does hereby demise and let unto Lessee and Lessee does hereby accept and let from the Lessor, premises for the purposes of conducting the business activities of   [Enter name agency, department or division thereof] the following described property situate in the City of   , County of  , State of Mississippi, described as follows, to-wit:  \n  Rentable Square Feet at   [Physical Address of the Property to be Leased] and as depicted on floor plan(s) or diagram(s) attached as appendix   to this Lease.  \nSECTION 1. The Base Term of this Lease (defined for the purpose of this Lease as that period of time for which rent is to be paid) shall be for   [Enter Number]   [Enter “Years” or “Months”], commencing on   , and ending at 12:00 midnight on   . The Lessor agrees that should the above described space not be prepared for occupancy per the specifications agreed between Lessor and Lessee by the first day of the Base Term of this Lease, the rent will be prorated accordingly, or the Lease may be voided at the option of the Lessee.  \nSECTION 2. The Lessee agrees to pay   Dollars ($   ) over the course of the entire Base Term to the Lessor for the demised premises, pursuant to the following schedule: [Leases may be “Flat Rate” or “Graduated Rate”, eliminate portion that does not apply]  \nFLAT RATE: $  per   [Enter “Month”,“Quarter” or “Year”),  \nwhich is based upon a rate of $  per Rentable Square Foot  \nGRADUATED RATE: [Add / Delete Lines as required to reflect actual Base Term years]  \nYear 1: $  per   [Enter “Month”,“Quarter” or “Year”]  \nwhich is based upon a rate of $  per Rentable Square Foot  \nYear 2: $  per   [Enter “Month”,“Quarter” or “Year”]  \nwhich is based upon a rate of $  per Rentable Square Foot  \nYear 3: $  per   [Enter “Month”,“Quarter” or “Year”]  \nwhich is based upon a rate of $  per Rentable Square Foot  \nYear 4: $  per   [Enter “Month”,“Quarter” or “Year”]  \nwhich is based upon a rate of $  per Rentable Square Foot  \nYear 5: $  per   [Enter “Month”,“Quarter” or “Year”]  \nwhich is based upon a rate of $  per Rentable Square Foot  \nSECTION 3. The Lessor hereby grants the Lessee the right and option to extend this Lease for   additional terms of   years  \neach commencing at the expiration of the initial term or subsequent renewal term where applicable; provided, however, that written notice of intent to exercise such option shall be given by Lessee to Lessor at least one hundred twenty (120) days before the expiration of such term of this Lease or subsequent extension thereof. Such extension shall be at the same annual rental rate as the year proceeding the extension term unless otherwise noted below. All other terms and conditions set out herein shall be in effect during the term of the extension. No such renewal term shall become valid and binding until approved in writing by the Department of Finance and Administration acting through the Real Property Division of the Bureau of Building, Grounds and Real Property Management, and the Public Procurement Review Board where applicable.  \n1st RENEWAL TERM (FLAT RATE): $  per   [Enter “Month”,“Quarter” or “Year”),  \nwhich is based upon a rate of $  per Rentable Square Foot  \n2st RENEWAL TERM (FLAT RATE): $  per   [E","cbCaiukjXIZOnozC","https://ap.wps.com/l/cbCaiukjXIZOnozC","pdf",334191,10,"English","# STANDARD LEASE AGREEMENT\n## Parties and Premises\n## Base Term and Rent Payments\n## Renewal Options and Approvals\n## Utilities and Base Rent","[{\"question\":\"What is the base term and how is it defined in this lease?\",\"answer\":\"The base term is the period for which rent is paid, with a specified commencement date and an end at 12:00 midnight on the stated date.\"},{\"question\":\"How is rent calculated under the flat-rate and graduated-rate options?\",\"answer\":\"Rent is paid over the base term according to either a flat rate for a selected period or a graduated schedule that lists rent amounts and per–rentable square foot rates by year.\"},{\"question\":\"What notice is required to extend the lease, and what approvals are needed?\",\"answer\":\"The Lessee must provide written notice of intent at least 120 days before the term expires. Renewal terms are not binding until written approval by the Department of Finance and Administration through the Real Property Division and the Public Procurement Review Board where applicable.\"}]","STANDARD LEASE AGREEMENT - RPM-5 - Lease Terms | PDF",1789568513]