Commercial leases: compare costs, modifications and other lease terms.(LEGAL INSIGHT)Berson, Bryan L
Sign InSign Up Home Sample Contracts Commercial Lease COMMERCIAL LEASE: THIS LEASE AGREEMENT, [the "Lease"] made and entered into this ___ day of November, 1996, by and between 340 NORTH, Inc., [hereinafter referred to as "Landlord"], and Boat Tree, Inc., [hereinafter collectively ...
Learn about all of the essential legal terms and conditions you must add to a Maine commercial lease agreement landlords use and the required disclosures.
A thoroughly drafted lease will secure the agreement and benefit both parties. It is immensely necessary to attain legal advice before setting foot in a commercial lease. This is to protect the rights of both landlords and tenants while taking into consideration the responsibilities that lie ahead....
In Michigan, if you commercially lease your property for less than a year, then you can make a verbal agreement. However, you require a written contract for a Michigan commercial lease agreement that’s longer than a year. You’ll see below what legal terms, clauses, and disclosures you ...
Also found in: Thesaurus, Legal, Financial. Related to Commercial letters of credit: Revocable letter of credit, Irrevocable Letters of Creditletter of credit n. pl. letters of credit Abbr. L/C A letter issued by a bank authorizing the bearer to draw a stated amount of money from the ...
Tenants Guide To Interior Improvements: Costs, Risks, & Concerns Tenant Guide: Retail Leasing In Tough Times Subleasing Benefits and Risks Tenant Strategies and Opportunities on Lease Renewal Leasing Basics 101 for Commercial Tenants Impact of Landlord Bankruptcies on Commercial Tenants ...
Steingold, Fred S
The parties’ lease in Lamar Advantage Outdoor Co. v. LaCore Enterprises, LLC contained this provision, which the Fifth Court held to create a right of first refusal (as opposed to a purchase option): If LESSOR desires to sell or otherwise transfer any Interest in the property upon which ...
rata for the fractional portion of any month, except that on the first day of the calendar month immediately following the Commencement Date, the Tenant shall also pay to the Landlord rent at the said rate for any portion of the preceding calendar month included in the term of this Lease. ...