Sample Business Contracts

Arizona-Mesa-4840 East Jasmine Street Lease [Amendment No. 1] - McKellips Corporate Square and YP.Net Inc.

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  • Commercial Lease. 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.
  • Commercial Sublease. 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.
  • Sublease Agreement. 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 Lease. 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.
  • Office Space Lease. 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.

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                               AMENDMENT TO LEASE

     THIS AMENDMENT TO LEASE, made and entered into this 7th day of January 2003
                                                         ---        ------------
by  and  between  The  Estate of Arthur G. Grandlich, d.b.a. McKellips Corporate
Square,  Betsy  A. Grandlich Co-Personal Representative, Bank One Trust Company,
Co-Personal  Representative,  hereinafter  referred  to  as "Lessor", and YP.Net
---------------------------                                               ------
Inc., a Nevada Corporation (formerly known as Renaissance International Group, a
Nevada  Corporation),  hereinafter  referred  to  as  "Lessee".


     WHEREAS,  Lessor  leased certain premises in the McKellips Corporate Square
building,  4840  East  Jasmine  Street  in the City of Mesa, County of Maricopa,
           ---------------------------                 ----            --------
State of Arizona, to Lessee, pursuant to that certain lease dated the 1st day of
         -------                                                      ---
June,  1998;  said  Lease  and  amendment(s)  thereto  hereinafter  collectively
----   ----
referred  to  as  the  "Lease",  the  premises being more particularly described
therein;  and

     WHEREAS, Lessor and Lessee therefore wish to extend said Lease;

     NOW  THEREFORE, in consideration of these present and the agreement of each
other,  Lessor  and  Lessee  agree  that  the  said Lease shall be and is hereby
amended as of the 7th day of January 2003:
                  ---        ------------

     1.   The  term  of  the  Lease  and Landlord's consent shall be extended 36
          months  with  an amended expiration date of the 30th day of June 2006.
                                                          ----        ---- ----

     2.   Base  Rent  for  the  Leased  Premises  shall  be  payable  in monthly
          installments  of;

               July 2003 thru June 2006 @ $9,727.76 + CAM + Rental Tax / Month

     3.   All  other terms and conditions of the Lease dated the 1st day of June
                                                                 ---        ----
          1998  shall  remain  the  same  and  are  confirmed  and  approved.

     IN  WITNESS  WHEREOF,  the  Parties hereto have executed this instrument by
proper  persons  thereunto  duly  authorized.

LESSOR:                                    LESSEE:

The Estate of Arthur G. Grandlich          YP.Net Inc., a Nevada Corporation
d.b.a. McKellips Corporate Square          4840  E. Jasmine Street, Suite 105
201 W. Apache Trail                        Mesa,  Arizona  85205
Apache Junction, Arizona  85220

BY:  /s/  Betsy A. Grandlich               BY:  [not readable]
   ------------------------------             ----------------------------------
   Betsy A. Grandlich
   Co-Personal Representative

Date:   1-14-03                            Date:  1/13/03
     ----------------------------               --------------------------------

Bank One Trust Company

   Co-Personal  Representative

Date:  1-15-03