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The North Dakota standard residential lease agreement is a rental contract between a landlord and a tenant that lasts one (1) year, although the term can be any fixed time period. The tenant’s main responsibility is to pay the landlord the monthly amount detailed in the agreement (typically on the first of every month) while the landlord’s duty is to ensure the rental space remains in a livable condition. All potential lessees should fill out a rental application to verify…
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 Massachusetts rental application can be used by landlords to check and verify the credentials of commercial and residential tenants before signing a binding rental contract. There may be a non-refundable fee associated with the application depending upon the property manager/owner. After the review has been made, the landlord will have to decide whether to accept the tenant and how much to charge for their security deposit (if any). Laws – Mass. General Laws c.276 § 100A Application Fee – A landlord…
The Montana standard residential lease agreement is the most popular type of rental contract used by landlords for fixed-term tenancies. The rental period will typically last twelve (12) months but may be for any duration as determined by the landlord. Once a tenant shows interest in a housing unit, the landlord should have the applicant complete a rental application to look up their background and current financial status. If approved, a lease should be drafted and, if applicable, a security…
The Georgia Sublease Agreement is a common form among college students and individuals who are not able to rent residential space on their own. The original tenant of a rental property, called the sublessor, forms an agreement with an individual (the sublessee) to rent some or all of their space. All of the liability falls on the sublessor, meaning if the sublessee does not make monthly payments or damages the property in any way, the sublessor has to compensate the…
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