Memorandum of Lease
(KY)
Summary
This template is a memorandum of lease that may be used to record the material terms of a Kentucky lease of commercial real estate. This template includes practical guidance, drafting notes, and alternate and optional clauses. This memorandum of lease, sometimes also called a notice of lease, is intended for use with commercial retail or office space located in or on Kentucky real property. A memorandum of lease should be recorded in the county in which the real property is located. This template may be modified to suit the specifics of the transaction. For a memorandum of ground lease template that may be modified for use in a Kentucky ground lease transaction, see Memorandum of Lease (Ground Lease). For a lease agreement template that may be used to lease office space in a Kentucky commercial property, see Office Lease Agreement (Short Form) (KY). For an agreement which transfers a tenant's interest under a Kentucky commercial lease to a third party, see Assignment and Assumption of Lease Agreement (Commercial Lease) (KY). For a template that may be used in a Kentucky commercial real estate financing transaction to assign to a lender, see Assignment of Leases and Rents (Pro-Lender) (KY). For an assignment of tenant leases for use in a Kentucky commercial real estate transaction to effectuate the transfer of the seller's interest in existing tenant leases, see Assignment of Tenant Leases (KY).