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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 Maryland month-to-month rental agreement, or “tenancy at will,” is for a landlord-tenant relationship that has no specific end date and continues as long as the lessee pays rent. This type of arrangement is often used for temporary residents, contract workers, travelers, and other individuals who cannot commit to a longer-term contract. Even though the tenant is renting for what may be a short-term period, the eviction laws in Maryland remain the same for all types of residences. Therefore, the…
The Virginia rental application is a document that is completed by a prospective tenant wishing to rent residential property from a landlord. This application form, once completed by the tenant, provides the landlord with the necessary information to decide whether or not the individual would be a good tenant. The applicant must enter their contact information, previous rental information, employment information, and a few pieces of financial information. The landlord has the right to charge a fee for processing and other…
The Minnesota sublease agreement, or roommate contract, allows a person holding a lease for a rental property (the “sublessor”) to engage with another individual (the “sublessee”) to either rent a portion of, or the entire rental property. Typically, a standard lease agreement in Minnesota will bar the act of subletting. If this is the case, the sublessor will have to get the written permission from the landlord stating otherwise. The sublessor will bear the liability for the sublessee’s actions. Meaning…
The Nevada seven (7) day notice to quit for nonpayment of rent is served to a lessee on behalf of the landlord or their representative. The notice will inform the lessee that they have seven (7) days to either pay the amount overdue or face vacating the premises. If the tenant chooses to leave the property, they will still be financially liable for the amount due to the landlord. Tenants that fail to either leave the premises or pay rent…