LEASE COMPENSATION Clause Samples
The Lease Compensation clause establishes the terms under which one party compensates the other for the use or occupation of leased property. Typically, this clause outlines the amount, frequency, and method of payment for rent or other financial obligations related to the lease, and may address adjustments for utilities, maintenance, or damages. Its core practical function is to ensure both parties have a clear understanding of the financial arrangements, thereby preventing disputes over payment and clarifying each party’s responsibilities.
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LEASE COMPENSATION. Owner shall compensate Broker for procuring a tenant to rent the Property upon the terms set forth herein as follows: 100% 1st full month’s rent on leases for 7 months or more and 50% of 1st full (renewal) month’s rent for any renewals and extensions thereof. Broker shall earn the fee stated herein upon procuring a ready, willing, and able tenant and Owner shall pay Broker in full upon the earlier of (i) the date of which all funds due prior to move-in under the applicable lease have been collected and the tenant’s lease term has begun, (ii) Owner’s termination of this Agreement, or (iii) Owner’s default under the lease or this Agreement. A subsequent breach or failure to perform by tenant shall not entitle Owner to a refund of all or part of the fee stated herein. Broker does not guarantee any tenant’s performance under any lease.
LEASE COMPENSATION. Lease compensation (hereinafter referred to as “the Lease Compensation”) is as set forth in Exhibit 2 attached hereto. As further consideration for entry into this Lease, the Tenant shall also construct improvements as set forth in Section 5.2.
LEASE COMPENSATION. Owner shall compensate Broker for procuring a tenant to rent the Property upon the terms set forth herein as follows: One Month’s rent on new leases whose duration is between 11-12 months or 8.4 % of gross income (e.g. rent, pet fees, preparation fees) for leases less than 11 months or longer than 12 months. For Renewals or Extensions Owner will pay Broker one half month’s rent for extension period is for duration of 11-12 months or 4.2% of gross income on any renewals and extensions for less than 11 months or longer than 12 months. Broker shall earn the fee stated herein upon procuring a ready, willing, and able tenant and Owner shall pay Broker in full upon the earlier of (i) the date on which all funds due prior to move-in under the applicable lease have been collected and the tenant’s lease term has begun, (ii) Owner’s termination of this Agreement, or (iii) Owner’s default under the lease or this Agreement. A breach or failure to perform by tenant shall not entitle Owner to a refund of all or part of the fee stated herein. Broker does not guarantee any tenant’s performance under any lease. Owner shall pay Broker a non-refundable activation set up fee of $150.00 at time of this agreement to cover photos for advertising, document storage, administrative fee, postage and other costs of leasing incurred by Broker.
LEASE COMPENSATION. Owner agrees to pay Agent for its services 100% of the gross rental income (e.g., first full month’s rent) or $1,000.00, whichever is greater on leases for 7 months or more. Broker shall earn the fee stated herein upon procuring a ready, willing, and able tenant and shall be payable to Broker in full upon the earlier of (I) the date on which all funds due prior to move-in under the applicable lease have been collected, (ii) the tenant's lease term has begun, (iii) Owner's termination of this Agreement, or (iv) Owner's default under the lease or this Agreement. A subsequent breach or failure to perform by tenant shall not entitle Owner to a refund of all or part of the fee stated herein. Broker does not guarantee any tenant's performance under any lease. Owner shall pay Broker a non-refundable marketing set-up fee of $75.00 at time of this agreement and $200.00 reserve. The cost of advertising the property is to be paid by the owner out of the owners reserve account of 200.00 as cost is incurred.
LEASE COMPENSATION. An administrative lease fee schedule for aquatic farm sites has been approved by the Division of Mining, Land and Water effective March 15, 2020 through March 16, 2022 under Appraisal Report 2522-
LEASE COMPENSATION. Compensation shall be one (1) month's rent for a long-term lease, or 20% of all rental income for a short-term lease (defined as a lease less than 12 months), respectively, except as otherwise provided in any addenda attached hereto.
LEASE COMPENSATION. The fee to Broker shall be month’s rent. Broker shall earn the fee stated herein upon procuring a ready, willing, and able tenant and shall be payable to Broker in full upon the earlier of: (i) the date on which all funds due prior to move-in under the applicable lease have been collected; (ii) the teミaミt’s lease terマ has Heguミ; ふ iii ぶ O┘ミer’s termination of this Agreement; or ふ i┗ ぶ O┘ミer’s default uミder the lease or this Agreeマeミt. A subsequent breach or failure to perform by tenant shall not entitle Owner to a refund of all or part of the fee stated hereiミ. Broker does ミot guaraミtee aミ┞ teミaミt’s performance under any lease.
LEASE COMPENSATION. Owner agrees to pay broker amount equal to one month's rent on leases of 7 months or more and Broker shall earn the fee stated herein upon procuring a ready, willing, and able tenant and shall be payable to Broker in full upon the earlier of (i) the date on which all funds due prior to move-in under the applicable lease have been collected , ii) the (tenant’s lease term has begun, (iii) Owner’s termination of this Agreement, or (iv) Owner’s default under the lease or this Agreement. A subsequent breach or failure to perform by tenant shall not entitle Owner to a refund of all or part of the fee stated herein. Broker does not guarantee any tenant’s performance under any lease. Owner shall pay Broker a non-refundable marketing set-up fee of $150.00 at time of this agreement.
LEASE COMPENSATION. 100% of the full first month’s rent collected and $ 50 on any renewals or extensions thereof. Broker shall earn the fee stated herein upon procuring a ready, willing, and able tenant and shall be payable to Broker in full upon the earlier of (i) the date on which all funds due prior to move-in under the applicable lease have been collected, (ii) the tenant’s lease term has begun, (iii) Owner’s termination of this Agreement, or (iv) Owner’s default under the lease of this Agreement. A subsequent breach or failure to perform by tenant shall not entitle Owner to a refund of all or part of the fee stated herein. Broker does not guarantee any tenant’s performance under any lease.
LEASE COMPENSATION. 7% of gross lease amount on leases. Broker shall earn the fee stated herein upon procuring a ready, willing, and able tenant and shall be payable to Broker in full upon the earlier of (i)the date on which all funds due prior to move-in under the applicable lease have been collected, (ii) the tenant’s lease term has begun, (iii) Owner’s termination of this Agreement, or (iv) Owner’s default under the lease or this Agreement. A subsequent breach or failure to perform by tenant shall not entitle Owner to a refund of all or part of the fee stated herein. Broker does not guarantee any tenant’s performance under any lease. Owner shall pay Broker a non-refundable marketing set-up fee of $125.00 at time of this agreement. LEASE DOCUMENT PREPARATION FEE: Owner may choose ONE of the following by checking the appropriate box:
a. Broker shall provide Owner with the initial executed lease and any extensions and renewals thereof, prepared by ▇▇▇▇▇▇. Yes
b. Owner shall provide to Broker all leases, renewals and extensions completed and ready for tenant signature. Yes
