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The New Mexico standard residential lease agreement is a rental contract wherein a landlord and tenant come to terms regarding the exchange of livable space for monthly payments. The agreement is a fixed-term contract that will last for a term of one (1) year once it has been signed by the parties. The landlord will typically ask for the tenant’s personal, financial, and background information through the rental application to see if they approve of the potential lessee’s character. If…
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…
The Maine month-to-month lease agreement, or tenancy at will, is defined as a legal contract that doesn’t have a stated termination date. Instead, the contract renews with each monthly payment and may be canceled at any time with proper notice. The landlord will typically take the same precautions as a standard tenant due to the eviction laws being the same for all types of residential lessees and will therefore request that a rental application be completed. Once complete, the landlord…
A Georgia commercial lease agreement is a document employed by property owners looking to lease their commercial space (industrial, retail, office) to business tenants. Due to the fact that commercial lease agreements usually span over longer terms than a residential lease (three-five years instead of one), it is recommended that the landlord research their potential tenants by submitting their information into the Georgia State Business Search portal and by having the business owners and all executives complete a rental application….
The Nevada standard residential lease agreement is designated for landlords and tenants seeking to make a legally binding contract that sets the conditions for occupying a property in return for a monthly payment. What sets the residential lease apart from other types is that it is for a fixed term (usually one (1) year). Before signing any type of agreement, the landlord will usually ask for the tenant to authorize a rental application to make sure that they are financially…