1431 NON-RESIDENTIAL LEASE PART TWO OF A TWO-PART-2025

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There is no minimum or maximum term for a commercial lease. The duration of the lease term can be for any number of years or up to a fixed date. Generally, a commercial office lease for a larger tenant will be for eight to ten years with one or two option terms (exercisable by the tenant) of three to five years each.
Absolutely. Whether youre considering taking on a second lease for a new job, a seasonal retreat, or any other reason, its perfectly legal and often a practical solution. Many find themselves in this situation when theyre not ready to fully move from one place or when life demands a presence in two locations.
Technically, you can live in an apartment without being on the lease. But normally the lease specifies that only people listed in the lease may live in the apartment, so the person on the lease agreement may get in trouble because of an unauthorized tenant. Not all apartment buildings look at the credit reports.
What to Do If You Want to Break a Two-Person Lease? Talk to Your Roommate(s) First and foremost, you need to talk to your roommates and inform them of your plans. Talk to Your Landlord. Look for Someone to Fill Your Spot. Seek Legal Council. Review the Changes in the New Lease.
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