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The Maine commercial lease agreement can be used by property owners looking to allow a business tenant to occupy their office, industrial, or retail space. A commercial tenant can be either an individual or a business entity and the rental space will often be outfitted or prepared by the landlord in such a way as to suit the business’s operative needs. There are three (3) main ways to structure this type of arrangement: Gross – In which the tenant is…
The Nevada commercial lease agreement allows a landlord and tenant to make an arrangement where the tenant occupies a rental space for commercial purposes. In exchange using the leased property, the tenant will make periodic payments to the landlord which will typically be paid at the start of each month. All potential tenants should be screened through a rental application to verify whether they can afford the necessary payments. Also, the landlord may confirm the status of an entity by…
The Nebraska standard residential lease agreement is the most popular type of rental contract as it gives both the landlord and tenant security by establishing a fixed-term rental period. Due to the term being usually one (1) year, it is standard for the lessor to check the tenant’s credentials with the rental application. This process benefits the landlord by confirming whether the tenant is currently employed, has good credit, and has a positive leasing record with other landlords. The landlord…
The Rhode Island rental application is a tool used by a landlord to verify the credit and background of a prospective tenant. Completing this process will help the landlord see if the applicant would be a good fit for the rental property in question. The landlord will usually request a non-refundable fee from the lessee which shows their good-faith interest in the property as well as demand they pay for any costs associated with performing the inquiry. The applicant will…
The Illinois commercial lease agreement states the conditions by which a retail, industrial, or office tenant agrees to conduct themselves and pay rent to the landlord for the length of the contract. A typical agreement should detail the basic elements which state the fees and bills to be paid by each party concerning items such as electricity, water/sewer, landscaping, etc. Due to the amount of money invested by the landlord and tenant, the term is usually between two (2) and…