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A Pennsylvania commercial lease agreement is an agreement made between a landlord and tenant (typically a company or other entity) seeking space in which to conduct day-to-day business. The landlord will require information pertaining to the prospective tenant’s business, such as the nature of said business, length of operation, previous leases, income information. If the application process is successful, a Pennsylvania commercial lease agreement can be negotiated and signed by all parties. It becomes a legally binding document once the…
The New York month-to-month lease agreement is a rental contract for residential real estate that allows a tenant to occupy space for an unstated period of time. The agreement will continue perpetually until the lessor or lessee gives notice to the other to terminate. Even though the lease can be considered a short-term arrangement, it must follow all State laws, and the landlord will have the same legal and financial exposure as a standard lease agreement. Therefore, the landlord is recommended…
An Alabama month-to-month rental agreement is a contract that gives the landlord and tenant the ability to terminate or cancel within thirty (30) days. This is common for short-term tenants that want the ability to cancel without being locked into a fixed long-term agreement. Either party may cancel as they deem necessary and may do so without cause or reason. The agreement is required to follow all State landlord and eviction laws. Rent Increase (§ 35-9A-161) – The landlord can only…
The Illinois five (5) day notice to quit allows for a tenant who has not paid rent to have five (5) days to pay up or vacate the premises. If the tenant doesn’t comply by moving out, they can face eviction by the landlord. To evict a noncompliant tenant, the landlord must file a complaint with the court in their jurisdiction. Refer to the Illinois State Bar Association for further information. When is Rent Due? – No statute but should be…
The Massachusetts standard one (1) year residential lease agreement is a one (1) year rental contract between and a landlord and a tenant that can be used for most leasing arrangements regarding residential property. The landlord or their agent should screen potential lessees with a rental application before selecting their candidate and placing the lease into effect. Upon approving the tenant, a security deposit is usually charged (up to one (1) month’s rent) and the agreement is signed making it legally…