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The Maine sublease agreement (also called the “roommate agreement”) lets a tenant who has a current rental contract (called the “sublessor”) with the property owner/manager rent out space in the rental unit to another individual (called the “sublessee”). This arrangement may be either to share said space or to rent it outright to the sublessee. Typically, a standard lease does not allow the act of subletting by a tenant; if this is the case the tenant will have to seek…
The Indiana standard residential lease agreement is the most common rental contract as it allows for a straightforward one (1) year agreement with a monthly payment schedule. The document is compatible with State law and clearly outlines the terms and conditions of each party’s responsibilities. The landlord may utilize a rental application to ensure that they are accepting only the most diligent and financially secure tenants. A security deposit should be required in addition to the application from the tenant…
A Virginia commercial lease agreement is a document constructed for the purpose of setting terms for the renting of retail, office, or industrial space. The two parties involved in the arrangement are the landlord and the tenant. Before accepting a tenant as the renter of a particular commercial property, the landlord will look into the business interested in the space by performing a background check, credit check, rental history check, and any other vetting processes they see fit. After the…
A New Mexico commercial lease agreement allows an individual or entity to occupy space or real property from an owner/manager for a designated period of time in exchange for monthly rent. The landlord and tenant should first agree verbally to the main factors of the lease (i.e., monthly amount, who is responsible for utilities, renewal periods (if any), increases in rent, etc.). After all the main points are mutually understood, it is best to move to a written agreement through…
A Mississippi commercial lease agreement is a basic template for a landlord and a business tenant to come to an agreement for either retail, office, or industrial property. Upon the signing of the completed document by both parties, the form becomes legal and valid. Landlords should have every potential lessee complete a rental application form to ensure that they will be financially capable of paying the monthly amount. Additionally, landlords should verify that the entity is valid by researching it…