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The Kansas sublease agreement is a residential contract that permits leaseholders to rent out their space to other individuals. The agreement can be used to assign a sublessee to a portion of the rent or to the entire amount owed by the initial tenant. Regardless of the arrangement, the sublessor remains liable for all costs and damages to the landlord. Therefore, it is extremely beneficial that the sublessor verifies the sublessee through a credit check and view their leasing history with…
The Massachusetts sublease agreement allows for a tenant (the “sublessor”) to rent out space that they currently have under lease to another individual (the “sublessee”). This arrangement may be for the partial or total rental of the space. The sublessor should understand that they will be responsible for any sublessee that does not follow the rules of the lease. Examples of this are damage to the premises or the non-payment of rent by the sublessee. For these reasons, it is…
The Oklahoma month-to-month lease agreement is a unique real estate contract that permits a lessee to rent space from a property owner/manager for one (1) month at a time. As long as neither the landlord nor tenant choose to terminate the contract, and the tenant continues to pay on the due date stated in the agreement, the contract will remain valid. The landlord should understand that they will be exposed to the same eviction laws as a standard one (1)…
A Mississippi commercial lease agreement is a basic template for a landlord and a business tenant to come to an agreement for either retail, office, or industrial property. Upon the signing of the completed document by both parties, the form becomes legal and valid. Landlords should have every potential lessee complete a rental application form to ensure that they will be financially capable of paying the monthly amount. Additionally, landlords should verify that the entity is valid by researching it…
An Indiana commercial lease agreement is designed for property owners looking to rent their property to a business owner. While this document is similar to other types of rental contracts, it is different in the fact that there are three separate ways of structuring the lease (Gross, Modified-Gross, and Triple Net (NNN)). For the Gross type, the landlord typically pays for every cost related to the property, with the tenant only contributing a fixed monthly payment. A Modified-Gross contract splits…