Dollar Amount Penalty. The Lessor can set a defined dollar amount as a penalty for late payment of rent. To do so, the second statement should be selected, and the penalty amount must be reported. VIII. Expenses (26)
Dollar Amount Penalty. (3) Address Of Lessor. The Lessor’s mailing address is needed for this statement. IX. Cost is $14.95 to the prospective tenant. (46) Lessee’s Signature Date. “Shall mean any and all federal, state, or local laws, ordinances, rules, decrees, orders, regulations, or court decisions relating to hazardous substances, hazardous materials, hazardous waste, toxic substances, environmental conditions on, under, or about the Premises, the Building, or the Property, or soil and ground water conditions, including, but not limited to, the Comprehensive Environmental Response, Compensation and Liability Act of 1980 (CERCLA), the Resource Conservation and Recovery Act (RCRA), the Hazardous Materials Transportation Act, any other law or legal requirement concerning hazardous or toxic substances, and any amendments to the foregoing.” Other Lease Terms In addition, there may be other areas of the lease, outside of the monthly rent, that the parties may want to negotiate such as: Option to Renew – Use if the tenant would like to have the option to stay in the property for a longer time then they may request an ‘Option to Renew’ the lease. He or she must sign this document either as the Owner or Landlord of the commercial space or an official Representative of the Business Entity that is the Owner or Landlord. Office Office commercial properties include a large subset of buildings used for business operations. Step 7 – Conduct a Credit Check (Business + Individual) Unless you are dealing with an established company chances are that you will be dealing with an entrepreneur or small business. (2) Name Of Lessor. In commercial real estate, there are no limits to how much the landlord would like to charge the tenant. Required Clauses American’s with Disability Act (42 U.S. Code § 12183) – Also known as the ‘ADA’, requires that any commercial tenants which offer “public accommodation” (such as a restaurant, retail store, etc.) or have at least fifteen (15) employees adhere to all handicap access rules. (16)
Dollar Amount Penalty. If selected, establish the purpose or business activity allowed on the premises by presenting each one in the space provided. Expenses (26)
