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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 Wisconsin notice to quit forms are used to notify a tenant that they have failed to pay rent on time and must either pay the amount owed or vacate the premises. In Wisconsin, the length of the tenancy will determine how much time the tenant is given to pay the rent they owe before the lease is terminated automatically. For leases over a year, the tenant has thirty (30) days from the date the notice is given to remedy…
The Florida month-to-month lease agreement is a document that is employed by landlords and tenants who are looking for a temporary agreement. This document, also called an at-will agreement, is one that renews each month with the payment of rent and has no defined end-date. This enables either party to terminate with a shorter notice period and not inconvenience the other. Despite the more temporary nature of the agreement, it is still recommended that landlords screen their applicants with a rental…
A Wyoming standard residential lease agreement establishes a legal relationship between a landlord and a tenant with regard to rented livable space. This type of contract usually lasts for a twelve (12) month period but the two parties may agree on a longer lease term if they wish. Before accepting a tenant, the landlord would be wise to have them complete a rental application form to verify their background information, such as their ability to pay the monthly rent. Other terms…
The Illinois five (5) day notice to quit allows for a tenant who has not paid rent to have five (5) days to pay up or vacate the premises. If the tenant doesn’t comply by moving out, they can face eviction by the landlord. To evict a noncompliant tenant, the landlord must file a complaint with the court in their jurisdiction. Refer to the Illinois State Bar Association for further information. When is Rent Due? – No statute but should be…
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