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Which of the following should be covered in a commercial lease agreement?

Base rent and monthly rent The contract must also explain if the rent includes or excludes property taxes, insurance, maintenance, utilities, and additional costs. If the rent is exclusive of these charges then the owner must specify the amount that the tenant needs to pay in regards to these expenses.

What is the act of God clause in a lease?

Most contracts, including ones involving real estate, contain a force majeure or act of God provision. The purpose of this clause is to excuse one of the parties from the obligation outlined in the agreement if something occurs that cannot be reasonably anticipated.

What is an example of a commercial lease buyout clause?

For instance, a commercial lease buyout clause example might say something such as, Lessee will have the right after the first (1st) lease year to buyout the Lease upon Ninety (90) days written notice and payment of One-Hundred Thousand Dollars ($100,000.00) to Lessor.

What are options in a commercial lease?

In commercial real estate terms, an Option is a right granted to either the tenant or the landlord. Options are typically granted via lease documentation and include renewal, expansion, contraction, termination, rights of first offer, rights of first refusal and purchase options.

Is there rental agreement template in Word?

Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.

Which of the following is a major type of commercial lease?

Gross Lease Gross leases are most common for commercial properties such as offices and retail space. The tenant pays a single, flat amount that includes rent, taxes, utilities, and insurance. The landlord is responsible for paying taxes, utilities, and insurance from the rent fees.

What is a common provision of a commercial lease?

Other common and important clauses in business leases include Option to Renew or Sublet (and other Flexibility Clauses), Breaking the Lease, Disputes, Attorney Fees, Foreclosures, Condemnations, and Guarantors.

What are typical clauses aspects of a commercial lease?

Another key clause in a commercial lease agreement is the term and renewal. The term clause defines the duration of the lease, usually in months or years. It also indicates when the lease will start and end, and whether there are any options to extend or terminate the lease early.

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Shade name in the Commercial Lease Agreement Template in a few clicks

Easily shade name in Commercial Lease Agreement Template with DocHub.

To help you get started, here's a brief guide on how to shade name in Commercial Lease Agreement Template:

PDF editing simplified with DocHub

Drive efficiency with the DocHub add-on for Google Workspace

Got questions?

Which of the following should be covered in a commercial lease agreement?

What is the act of God clause in a lease?

What is an example of a commercial lease buyout clause?

What are options in a commercial lease?

Is there rental agreement template in Word?

Which of the following is a major type of commercial lease?

What is a common provision of a commercial lease?

What are typical clauses aspects of a commercial lease?

See why our customers choose DocHub

Edit and sign PDF for free

Try more PDF tools

Shade name in the Commercial Lease Agreement Template in a few clicks

Easily shade name in Commercial Lease Agreement Template with DocHub.

To help you get started, here's a brief guide on how to shade name in Commercial Lease Agreement Template:

PDF editing simplified with DocHub

Drive efficiency with the DocHub add-on for Google Workspace

Got questions?

Which of the following should be covered in a commercial lease agreement?

What is the act of God clause in a lease?

What is an example of a commercial lease buyout clause?

What are options in a commercial lease?

Is there rental agreement template in Word?

Which of the following is a major type of commercial lease?

What is a common provision of a commercial lease?

What are typical clauses aspects of a commercial lease?

See why our customers choose DocHub

Edit and sign PDF for free

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