3 Points to Include in a Building Lease Agreement


Posted June 18, 2018 by carlglendon

Leasing a property is not based on words. These days, a properly drafted, written and notarized lease agreement is used to specify the terms and conditions of a rental relationship.

 
Find out about 3 important points that should be included in a building lease agreement.


[b]Services or Utilities[/b]


The business lease agreement template should specify who pays for which service or utility. Some landlords do not mind paying for everything related to the property. Others demand that renters pay the costs of services and utilities other than the rent amount and security deposit. Many landlords make it clear right from the beginning that the renter will be the responsible party for the upkeep of the house. Please visit this site to ​​get a sample commercial lease agreement in North Carolina.


[b]Lease Term[/b]


The lease agreement term means the period for which a property would be occupied, and for how long the tenant will pay for the same. This typically includes the start of term date and the end date. This part of the contract includes an option to extend the occupancy period. In some cases, there is an option to purchase the leased property at the end of the office lease agreement template period. A few landlords also keep the provision for extending the lease term automatically – provided they are satisfied with the tenant.


[b]Fines[/b]


The renter, in most cases, is responsible for any damages to the property that occurs due to his actions. He will need to pay the landlord a fine and / or bear the entire responsibility of repairs on his own. However, he should not carry out the repairs without first informing the landlord. First, he will need to report the damages to the landlord.
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Issued By Carl Glendon
Website commercial lease agreement
Country United States
Categories Law , Legal
Last Updated June 18, 2018