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The Kentucky rental application is used by landlords to investigate a tenant’s credit score and financial standing as well as check with any references regarding their employment and leasing history. The landlord may charge the tenant a fee for performing the lookup whether or not they are accepted onto the premises. When reviewing the individual’s credentials, it is important to note that the landlord may charge as much as desired for the security deposit in Kentucky. Therefore, if a tenant has…
A Colorado Commercial Lease Agreement is designed so that a property owner may lease out his or her property to a retail, office, or industrial business in exchange for monthly rent. The landlord should keep in mind that payments may be irregular or not in full because it may take weeks to even months for a new business to generate sufficient income. A commercial lease agreement can be made up in three different ways; Gross, Modified Gross, and Triple Net (NNN),…
The North Dakota month-to-month lease agreement is a rental contract for a tenant who wants to lease property with a condition that they, or the landlord, may cancel the agreement with at least thirty (30) days’ notice. If the landlord gives notice to change any part of the terms and conditions, the tenant may terminate the lease within twenty-five (25) days (§ 47-16-15(3)). The landlord should understand that they will have to follow the same process for evicting a monthly…
The Florida Residential Lease Agreement is a rental contract that conforms to a traditional yearly agreement with incremental monthly payments system. The landlord is encouraged to ask the applying tenant(s) to fill out a rental application, which will give the landlord access to the individual’s credit, rental, criminal, and employment history. This is to ensure only the most trustworthy tenants are accepted to live on the property. It is important that both parties fully comprehend the consequences of each provision laid…
The Rhode Island five (5) day notice to quit is a notice sent to a tenant who is late in their rent payment. After rent has been overdue for fifteen (15) days, the landlord has the right to demand that the tenant cure the breach of contract within five (5) days. Failure to cure the breach will result in automatic termination of the rental agreement currently in place between the two parties. Furthermore, the landlord has license to commence an eviction…