Real estate · avanzado
Commercial Lease Agreement
This commercial lease agreement template is designed for use in Paraguay, with formal structure, party appearance and editable clauses. You can adapt it online before generating a professional PDF.
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COMMERCIAL LEASE AGREEMENT
In the city of Asunción, Republic of Paraguay, on [Date: e.g. 05/02/2026], appears on one side [Party A name: e.g. Juan Pérez], holder of ID No. [Party A ID: e.g. 1,234,567], domiciled at [Party A address: e.g. Asunción], hereinafter "PARTY A"; and on the other side [Party B name: e.g. María González], holder of ID/Tax ID No. [Party B ID/Tax ID: e.g. 80012345-6], domiciled at [Party B address: e.g. San Lorenzo], hereinafter "PARTY B". The parties state that they have sufficient capacity to bind themselves and agree to execute this private instrument, subject to the following clauses:
FIRST: PURPOSE
PARTY A and PARTY B agree to the lease of the commercial property identified as [Premises or office: e.g. Unit 4, Galería Central], intended for [Permitted activity: e.g. retail sale of electronics]. This agreement shall be interpreted in good faith, according to its economic purpose and prudent Paraguayan legal practice.
SECOND: PRICE AND PAYMENT METHOD
As consideration, price, rent, contribution or economic acknowledgment, according to the nature of the act, the parties establish [Monthly rent: e.g. Gs. 4,800,000 (four million eight hundred thousand guaraníes)], plus VAT if applicable according to the tax documentation issued. Every payment must be documented by receipt, bank voucher or sufficient written record.
THIRD: TERM
The term or effectiveness shall be [Commercial term: e.g. 24 months], renewable by written agreement with [Notice: e.g. 60 days] in advance. Any extension, suspension or amendment must be made in writing and physically or digitally signed by the parties.
FOURTH: OBLIGATIONS OF THE PARTIES
- The TENANT shall obtain at its own expense the licenses, permits and municipal authorizations required for the activity.
- The LANDLORD warrants that the property has no known restrictions preventing the agreed commercial use.
- Any modification, sign, technical installation or internal work shall require written authorization and must comply with safety rules.
EIGHTH: JURISDICTION
For any dispute arising from this instrument, the parties shall seek an amicable solution. If disagreement persists, they submit to the competent ordinary courts of the Republic of Paraguay, without prejudice to mandatory rules applicable by subject matter or territory.
NINTH: ACCEPTANCE
Having read this document and as evidence of agreement, the parties sign two counterparts of the same tenor and for one single effect, at the place and date indicated above.
PARTY A signature: ___________________________
PARTY B signature: ___________________________