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The Nebraska seven (7) day notice to quit informs tenants that they must either pay their rent or leave the premises at the end of the seven (7) day period. Even if the tenant vacates the premises, they will still be on the hook for paying all rent payments due to the landlord. If after the seven (7) day period the tenant continues to occupy the premises without paying the amount due, the landlord will be able to legally terminate…
The Virginia sublease agreement is used by a tenant looking to rent out the entirety or a portion of their current rented space. The tenant (sublessor), being bound by their lease agreement with their landlord, must ask permission before presenting a sublease agreement to a prospective sublessee. If the landlord approves of the sublease, the tenant can negotiate the terms thereof with the sublessee. The original tenant will be fully responsible for the sublessee and any violation(s) of the sublease,…
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),…
A Michigan commercial lease agreement commits a landlord and a business tenant to a binding contract for retail, office, or industrial space. Property-related expenses will be paid by the landlord, the tenant, or split between both parties as defined in the lease. Every business should be reviewed through a rental application and verified with the Secretary of State’s online database. The term of a commercial lease is usually two (2) or three (3) years because the property owner will typically…
The New Hampshire month-to-month lease agreement allows a landlord and tenant to create a rental contract that does not cancel until notice is issued by one (1) of the parties. Either the landlord or tenant may terminate the agreement by providing at least thirty (30) days’ written notice to the other party (it is recommended that the notice be sent via certified letter with a returned receipt for proof). The landlord or tenant may also provide the same amount of…
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