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An Alabama commercial lease agreement (also called a “business lease”) is an agreement in which a landlord will agree to rent an industrial, retail, or office space to a business owner in exchange for monthly payment. Listed below are the three ways in which a commercial lease agreement can be set up. Triple Net – This is easily the best deal for the landlord because it requires the tenant to pay a monthly amount plus pay any maintenance for the…
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 Kansas rental application may be used by the landlord to review the financial and criminal history of an applying tenant. The landlord will need to request that the tenant completes the form to obtain the applicant’s background, including rental, employment, and credit history. By implementing rental applications, landlords can ensure that only trustworthy tenants that will make payments on time are accepted. The landlord may also require the tenant to pay the cost of the review, even if the tenant…
The Connecticut Sublease Agreement gives a tenant (the sublessor) the right to lease their rented space in part or in its entirety to another subtenant (the sublessee). It is possible that the landlord has added a stipulation in the master lease the specifically prohibits this type of arrangement, so it is wise to review the initial lease and obtain permission from the property owner before taking on a secondary tenant. It is usually the master tenant who bears all responsibility regarding the…
The Kansas sublease agreement is a residential contract that permits leaseholders to rent out their space to other individuals. The agreement can be used to assign a sublessee to a portion of the rent or to the entire amount owed by the initial tenant. Regardless of the arrangement, the sublessor remains liable for all costs and damages to the landlord. Therefore, it is extremely beneficial that the sublessor verifies the sublessee through a credit check and view their leasing history with…
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