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An Alaska Sublease Agreement allows the tenant of a property (called the “Sublessor”) to lease out the currently rented property to another potential tenant (called the “Sublessee”). The sublessee does not directly pay the landlord but pays the sublessor, who in turn delivers the payment to the landlord. This situation is common for college students or for individuals that want to lessen the burden of their monthly payments by acquiring a roommate. It is highly recommended that the sublessor do…
The Massachusetts fourteen (14) day notice to quit is a form handed to a tenant who has not paid rent when it is due. The landlord is qualified to hand this form out on the first (1st) day rent that the tenant’s rent is late. However, a late fee may not be imposed until it is at least thirty (30) days’ late. The tenant, upon receiving the letter, will have ten (10) days to pay back the landlord or face…
A Maine commercial lease agreement can be used by property owners looking to allow a business tenant to occupy their office, industrial, or retail space. A commercial tenant can be either an individual or a business entity and the rental space will often be outfitted or prepared by the landlord in such a way as to suit the business’s operative needs. There are three (3) main ways to structure this type of arrangement: Gross – In which the tenant is…
The Louisiana five (5) day eviction notice is used by landlords who are seeking to collect late rent from a tenant that has missed their payment(s). This notice gives the tenant five (5) days to either pay the total amount due to the landlord and continue in their lease agreement, or move out of the property. If the tenant refuses to pay rent or move out of the property, the landlord may begin the process of having them evicted. If…
An Arkansas commercial lease agreement should be completed whenever a landlord plans on accepting an industrial, retail, or office business onto his or her property. The agreement typically lasts for one (1) to three (3) years after signing it into effect. Like the majority of Arkansas Lease Agreements, it is suggested that the landlord does a credit and background check on the business owner and that the business owner agrees to pay a security deposit in case damage occurs on…
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