An "office lease" is a legal contract where one party (typically referred to as the "landlord" or "lessor") rents office space to a business (typically referred to as the "tenant" or "lessee"). Key negotiating and drafting issues in office leases include:
The particular space being rented
The lease term
The lease payment (typically monthly)
Payment for any amenities, such as air conditioning, parking, etc.
The allowed use of the premises
The rights of the parties to terminate the lease
The restrictions on assignment and subletting of the lease
Security deposit
Any rights of the tenant to renew the lease
Any rights of the tenant to lease additional/expansion space
Landlord rights for the breach of the lease by the tenant