Sample Business Contracts

Illinois-Darien-8205 S. Cass Avenue Lease [Amendment] - Quotesmith Corp. and LaSalle National Trust NA

Lease Forms

  • Start a state-specific lease for the rental of commercial property. Specify the term and rent due, as well as whether the landlord or tenant is responsible for property taxes, insurance, and maintenance and repairs.
  • When a tenant vacates commercial property before the lease term has expired, it may be able to rent the premises to a third party. The tenant would be the sublessor and the third party would be the sublessee. Besides preparing a sublease, both parties will want to review the provisions for assignment or subletting in the original lease agreement between the landlord and the sublessor.
  • Tenants of residential property should prepare a sublease agreement if they are seeking to sublease a room or the entire apartment or house to a third party. All parties should review the original lease agreement to see if there are any restrictions on subletting or assigning the premises.
  • Triple net leases are a type of commercial leases where the tenant has to pay for property taxes, insurance, utilities, and maintenance, in addition to the monthly rent.
  • When renting an office space, tenants should understand the amount of the rent and duration of the lease. Other important terms include whether the space can be subleased, which parties are responsible for maintenance, and whether any furniture and furnishings will be provided.

                           LEASE AMENDMENT AGREEMENT

         Execution of this Lease Amendment Agreement shall amend that certain
Lease dated August 30, 1994, by and between Quotesmith Corporation, TENANT and
LaSalle National Trust, N.A., as Successor Trustee of LaSalle National Bank
under Trust No. 113096, LANDLORD, of the premises located at 8205 S. Cass
Avenue, Darien, Illinois, on all the same terms and conditions except as

1.       The Demised Premises shall be changed to 4,660 square feet from 2,560
         square feet.

2.       Paragraph 4(D) "Tenant's Proportionate Share" shall be changed to 7.93%
         from 4.35%.

3.       Paragraph 5 "Base Rent" shall be changed to $39,300.62 per annum in
         equal monthly payments of $3,275.05.

4.       Paragraph 43, "Right of First Refusal" shall be of no further force or

5.       Appendix "A" shall be changed to Appendix "A-1" (attached).

         Dated this 1st    day of    Nov. 1995.

         IN WITNESS WHEREOF, Landlord and Tenant have executed this Lease
Renewal Agreement the day and year first written above.

Quotesmith Corporation                          LASALLE NATIONAL TRUST,
                                                N.A., as Successor Trustee to
                                                LASALLE NATIONAL BANK
                                                Trustee under Trust No. 113096.

                                                AND NOT PERSONALLY

By:  /s/ Robert S. Bland                        By:  /s/ Nancy A. Stack
     -------------------                             -------------------
Its: PRESIDENT AND CEO                          Its: ASSISTANT SECRETARY
     -------------------                             -------------------
<PAGE>   2

                                APPENDIX "A"-1

                            [FLOOR PLAN OF 4660 SF]