lease, lease form or rental agreement. A deposit is a fixed amount of money that is usually collected at the beginning of the rental. Landlords have the right to charge a security deposit to their tenants, but what that money can
“Tenants are legally permitted to cancel their lease at any point, with 20 business days’ written notice” says Savage. “They may, however, have to pay a reasonable cancellation penalty for the privilege. The details of this penalty must be included in writing in the lease agreement and a...
Don’t be afraid to walk away from a lease negotiation if the agreement will not set your business up for success. Retail lease agreement checklistIn the United States, the lease can be a lengthy document. Here are the most common terms you will find in a retail lease....
“Occupancy agreement” may include a separate signed lease and signed service agreement. Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement. Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real...
The financial impact of the Covid-19 pandemic could see tenants looking to negotiate previously stipulated escalation percentages in their renewed lease agreement. Experts share their advice. With many residential property leases coming up for renewals, tenants and landlords will have to weigh the un...