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A Tennessee commercial lease agreement is a document that is negotiated between a property owner of retail, office, or industrial space and a business tenant acting as an individual or entity. Before an agreement is presented, the property owner/manager will check the background of the business to make sure they are in good standing. Once the entity has been vetted, the parties must come to an agreement regarding rent payment (payment amount and date), utilities and other expenses, landlord and…
The Montana sublease agreement is used when a tenant wishes to rent all or a portion of rented space to another party known as a “sublessee.” The period during which the sublessee is permitted to rent the property may not exceed that of the original lease term. Montana statute § 70-24-305 states that if a tenant vacated a property, they cannot rent the premises to someone else without first obtaining the exclusive written permission of the landlord. Responsibility The sublessor (initial…
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…
An Alaska commercial lease agreement, also called a “Business Lease,” is an agreement that allows retail, office, or industrial businesses to rent out a property while paying monthly rent. In general, there are three (3) commercial lease types that are used: Gross, Modified Gross, and Triple Net (NNN). Gross Lease is one in which the tenant pays one gross sum for their monthly rent and from that sum the landlord will cover any other expenses such as repairs and utilities. Modified Gross…
The Washington standard residential lease agreement is used to establish a rental arrangement between a landlord and a tenant. Before accepting an individual as a tenant, the landlord will most likely have interested parties complete a rental application form. Once they have chosen an eligible individual, the new tenant and landlord will look over the written residential lease agreement. The terms and conditions should be fair for both parties before the document is signed. Once the agreement is signed, it…