COMMUNITY GARDEN LEASE

THIS COMMUNITY GARDEN LEASE is entered into on 10 May 2024

Between

(1)             whose principal place of business is at (the "Lessor")

(2)             whose principal place of business is at (the "Lessee")

BACKGROUND

Lessee is a nonprofit organisation whose mission is [ describe mission briefly ]. In line with its mission, Lessee wishes to develop and operate a community garden. Landowner is wiling to lease land to Lessee for that purpose on the terms described in this Lease.

Landowner AND Lessee AGREE AS FOLLOWS:

1. PARCEL, TERM AND RENT

1.1 Lease. Landowner leases to Lessee the [ ____ ]-square foot parcel located at __________(the “Parcel”). [ Either describe location of parcel or include as an exhibit. ]

1.2 Use. Lessee will use the Parcel for the sole purpose of operating a community garden (the “Garden”) with plots to be licensed by Lessee to community members.

1.3 Term. The term of this Lease is [ X ] year(s), starting on [ __________, 20___ ] and ending on [ __________, 20__ ]. This Lease will terminate upon the expiration of this term or the final renewal term, if any, or if either party terminates it as described in Section 4.

1.4 Renewal. This Lease will automatically renew for additional ___-year terms unless either Landlord or Lessee provides written notice to the other of non-renewal no later than [ three ] months prior to the end of the current term.

1.5 Rent. On the date that this Lease is signed and on each following anniversary, Lessee will pay Landowner $__ in rent for the next year. For each renewal term, Landowner may, in its sole discretion, increase the amount of the annual rent payment by up to ___% by notifying Lessee within [ three ] months prior to the start of such renewal term.

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