Common use of Signatures Signatures Clause in Contracts

Signatures Signatures. The landlord and each tenant (who is an adult) should sign and date the agreement. A copy should be distributed to each tenant as well. It’s important to follow state law on distributing lease copies. Lease Forms come in two types based on duration: fixed-term and month-to-month leases. If you’re not sure which is yours, it’s most probably fixed-term, since these are the most common types. Also, an end date on the contract is a dead giveaway.Fixed-term contracts legally allow the lessee (the tenant or contractor) to pay for and use the property for the duration of the lease time. If you want to extend the duration of this period before the term expires, you will need a lease renewal xxxx.Xx help you in this regard, here are some useful samples of lease renewal forms you can download for xxxx.Xxxxx Renewal Agreement Formnationalparalegal.eduDetailsFile FormatSize: 43 KBDownloadLease Renewal Inspection Formmypage.siu.eduDetailsFile FormatSize: 51 KBDownloadLease Renewal Form in PDFsa.gov.auDetailsFile FormatSize: 174 KBDownloadResidential Lease Renewal Formfl-landlord.comDetailsFile FormatSize: 320 KBDownloadFree Lease Renewal Formnyshcr.orgDetailsFile FormatSize: 21 KBDownloadFixed-Term vs. Month-to-Month LeasesFixed-term leases are the most popular types in the rental business for some obvious reasons.Pros of Fixed-Term LeasesFor tenants. It is stable. As long as you pay the rent on time, you cannot be evicted unless you break the contract agreements.For landlords. It is cost-effective and gives financial security, since this arrangement brings in a steady flow of rent.Cons of Fixed-Term LeasesFor tenants. Breaking the lease contract early on in the term still obligates you to pay for the whole duration whether you make use of the property or not.For xxxxxxxxx.Xxx cannot evict a tenant without major, valid grounds for doing so. You’re stuck with xxxx.Xx eliminate the need for renewal forms in the first place, you might be interested in drafting Month to Month Lease Forms instead. This kind of agreement renews (or “rolls over”) every 30 days, so there is no need for a renewal form.Pros of Month-to-Month LeasesFor tenants. This allows you a certain amount of flexibility to stay for an indefinite amount of time or move on without extra payment or much notice.For landlords.This kind of lease can be easily converted to a long-term, fixed lease.Cons of Month-to- Month LeasesFor tenants. It’s unstable since it also gives your landlord the flexibility to abruptly terminate your contract should they have another, more urgent need for the unit.

Signatures Signatures. The landlord and each tenant (who is an adult) should sign and date the agreement. A copy should be distributed to each tenant as well. It’s important to follow state law on distributing lease copies. Massachusetts lease agreements are contracts that govern the exchange of rent between a tenant and a landlord. Along with specifying the monthly rent, lease agreements will include key obligations of the landlord and the tenant, such as responsibility for utilities or particular repairs. Both parties should maintain a copy of the lease agreement, and refer to it to prevent lingering disputes.ContentsBy Type (6)Commercial Lease Forms come in two types based on durationAgreementDownload: fixedAdobe PDF, MS Word, Rich Text FormatMonth- to-term and monthMonth Lease AgreementDownload: Adobe PDF, MS Word, Rich Text FormatRent-to-month leasesOwn LeaseDownload: Adobe PDF, MS Word, Rich Text FormatRoommate Lease AgreementDownload: Adobe PDF, MS Word, Rich Text FormatStandard Lease AgreementDownload: Adobe PDF, MS Word, Rich Text FormatSublease AgreementDownload: Adobe PDF, MS Word, Rich Text FormatLandlord-Tenant LawsStatutes – General Laws, Chapter 186 (Landlord-Tenant Law)Required Disclosures (5)Fire Insurance – Within fifteen (15) days of the beginning of a lease, a landlord must disclose the terms and conditions of the property’s fire insurance policy (ch. 186, § 21).Inventory Checklist – Within ten (10) days of either receiving the security deposit or the beginning of a lease, whichever is later, the landlord must provide a form that allows a tenant to write down any and all repairs needed or defects on the premises. If you’re not sure which is yoursa tenant does request a checklist, it’s most probably fixed-termthe tenant will have fifteen (15) days to return the inventory checklist to the landlord (ch. 186, since these § 15B(2)(b)).Landlords are required to include this statement in the most common types. Also, an end date on the contract inventory checklist:This is a dead giveawaystatement of the condition of the premises you have leased or rented. You should read it carefully in order to see if it is correct. If it is correct you must sign it. This will show that you agree that the list is correct and complete. If it is not correct, you must attach a separate signed list of any damage which you believe exists in the premises. This statement must be returned to the landlord or his agent within fifteen days after you receive this list or within fifteen days after you move in, whichever is later. If you do not return this list, within the specified time period, a court may later view your failure to return the list as your agreement that the list is complete and correct in any suit which you may bring to recover the security deposit.FixedLead-term contracts legally allow the lessee (Based Paint Disclosure – Federal law mandates that landlords for properties built before 1978 must disclose to the tenant or contractor) tenants the risks of lead-based xxxxx.Xxxxxxxx Deposit Receipt – If a landlord chooses to pay for and use seek a security deposit from a tenant, the property for landlord must provide the duration tenant with a receipt that includes the amount, the name of the lease timeperson accepting it, the date the deposit was delivered, and a description of the premises that the tenant will be occupying. If you want The person accepting the security deposit must sign this form (ch. 186, § 15B(2)(c)).Follow-up Deposit Statement – Within thirty (30) days of receiving a security deposit, a landlord must provide to extend a tenant an additional statement, separate from the duration receipt mentioned above, identifying: the name and location of this period before the term expiresbank where the security deposit is being held; the amount of deposit; and the number of the account in which it is being held (ch. 186, you will need § 15B(3)(a)).Security Deposit LawsMaximum Amount ($)Landlords may charge no more than one (1) month’s rent for a lease renewal xxxx.Xx help you in this regardsecurity deposit, here are some useful samples of lease renewal forms you can download for xxxx.Xxxxx Renewal Agreement Formnationalparalegal.eduDetailsFile FormatSize: 43 KBDownloadLease Renewal Inspection Formmypage.siu.eduDetailsFile FormatSize: 51 KBDownloadLease Renewal Form in PDFsa.gov.auDetailsFile FormatSize: 174 KBDownloadResidential Lease Renewal Formfl-landlord.comDetailsFile FormatSize: 320 KBDownloadFree Lease Renewal Formnyshcr.orgDetailsFile FormatSize: 21 KBDownloadFixed-Term vs. Month-to-Month LeasesFixed-term leases are the most popular types reflected in the rental business rate when a tenant’s lease begins (ch. 186, § 15(B)(iii)).Returning to TenantA landlord who accepts a security deposit from a tenant must return the deposit to the tenant within thirty (30) days of the end of the tenancy. The landlord may retain a portion of the security deposit for some obvious reasons.Pros any unpaid rent or utility charges owed by the tenant, unaccounted for increases in property taxes where the lease agreement assigns responsibility for these costs to the tenant, and the cost of Fixed-Term LeasesFor tenantsrepairs to the dwelling unit that are necessary due to the actions of the tenant or the tenant’s guests, agents or family. It is stable. As long as you pay the rent on time, you The landlord cannot retain a portion of the security deposit for any reason other than these. Repairs that are part of the reasonable wear and tear of a tenancy may not be evicted unless you break addressed with a security deposit (ch. 186, §15B(4)).When is Rent Due? (grace period)Rent is due at the contract agreements.For landlords. It is cost-effective time and gives financial security, since this arrangement brings in a steady flow of rent.Cons of Fixed-Term LeasesFor tenants. Breaking the lease contract early on place agreed upon in the term still obligates you to pay for rental agreement. For the whole duration whether you make use purpose of the property or notfees, rent is not considered late until thirty (30) days after it is due (ch.For xxxxxxxxx.Xxx cannot evict a tenant without major, valid grounds for doing so. You’re stuck with xxxx.Xx eliminate the need for renewal forms in the first place, you might be interested in drafting Month to Month Lease Forms instead. This kind of agreement renews (or “rolls over”) every 30 days, so there is no need for a renewal form.Pros of Month-to-Month LeasesFor tenants. This allows you a certain amount of flexibility to stay for an indefinite amount of time or move on without extra payment or much notice.For landlords.This kind of lease can be easily converted to a long-term, fixed lease.Cons of Month-to- Month LeasesFor tenants. It’s unstable since it also gives your landlord the flexibility to abruptly terminate your contract should they have another, more urgent need for the unit.

Signatures Signatures. The landlord and each tenant (who is an adult) should sign and date the agreement. A copy should be distributed to each tenant as well. It’s important to follow state law on distributing lease copies. Lease Forms come in two types based on duration: fixed-term A lease agreement is a contract that states the terms and month-to-month leasesconditions of a rental property, negotiated, agreed upon, and signed by the tenant and the landlord. If you’re not sure which is yoursThe form of these agreement templates vary, it’s most probably fixed-term, since these are the most common types. Also, an end date with each depending on the contract conclusion of the tenant and the landlord’s negotiation. Here are some templates and examples of lease agreement that you can use or follow as a guide. Landlord-Tenant Lease Agreement Templates and Examples1. Lease Agreement TemplateDetailsFile FormatSize: A4, USDownloadThis lease agreement template is more than sufficient for landlords who are looking to lease their property. Most of the things that landlords need to know about the tenant and things the tenant needs to know about the property and the conditions of living there is already here. This is a dead giveawayfairly short and simple agreement but it most definitely gets the right points across.Fixed-DetailsFile FormatSize: A4, USDownloadAlthough most lease agreements are known to be extremely thorough and long, some actually prefer keeping it short, simple, and precise, mostly just covering the things that need to be covered such as the terms and conditions and payment. This is efficient if you do not have any needs that require a special contract, or if you are in a trusting, personal relationship with the landlord or the tenant. So long you adhere to the law and be sure to keep the property in habitable shape, you should be good to go.3. Commercial Lease AgreementDetailsFile FormatSize: A4, USDownloadCommercial lease agreements tend to be more complex and detailed, understandable considering the property will then become a place of business. You will need to consider things such as the condition of the property being in its optimal condition all the time, the length or term contracts legally allow the lessee (the tenant of a commercial tenant’s stay, seeing as how unpredictable it is to confirm a business’s longevity, and other things like utility and parking. Whichever industry you are in, or contractor) what you are planning to pay for and use the property for, it is important that you have this agreement and both you and your landlord are able to fully understand everything.DetailsFile FormatSize: A4, BleedDownloadAs I mentioned earlier, there are many forms and templates of lease agreements. However, the standard residential lease agreement is the more widely used and recognized contract by landlords and tenants. It has a fixed term, usually having the landlord and tenant be bound for 1 year.prestigetitle.netDetailsFile FormatSize: 930 KBDownloadThis sample lease agreement is for residential properties. We see being agreed here are the terms, the payment schedule, and the state of the security deposit. The landlord and the tenant have also agreed to divide the payment for the duration utilities, with the landlord paying for the water, electricity, garbage disposal, etc., and the tenant paying the other unspecified utilities. One thing that is also being meticulously explained here is the circumstances that can lead to eviction. Tenants should take note of this part of the agreement and be extremely familiar with it.signx.wondershare.comDetailsFile FormatSize: 118 KBDownloadAn example of the more widely used standard lease timeagreement, and this one is extremely long and detailed, covering an astounding 36 points with each being explained pretty carefully. Aside from the more basic things like terms and payments, also discussed in this agreement templates of insurance policy, in case of abandonment, alterations, use of the garage, and terms of subletting, just to name a few.7. Commercial Lease Agreement Samplecdcloans.comDetailsFile FormatSize: 73 KBDownloadAn example of a lease agreement for commercial properties. I have mentioned in a previous point about the attention to detail when it comes to commercial lease agreements, this sample certainly proves that. A lot is covered in this agreement, with some of them unique to agreements tailored only to commercial properties—things such as SBA (small business administration) provisions. An eviction, if you are a business, is an extremely dangerous circumstance to occur. That is why you must do your best to adhere to the contract and avoid breaching it. It will serve you and your business well if your relationship with your landlord is healthy.If you want look at a lease agreement, especially those extremely long and detailed ones, you may think to extend yourself, “I don’t need to read all of this.” If you do, you need to get rid of that mind-set. As a landlord or a tenant, that agreement is everything that binds your relationship to the duration other. When I say “everything you need to know is in this contract,” you are going to have to know everything that is on that contract. It will serve you well as a tenant or a landlord in the long run. 4.5 Stars | 925 Ratings 11,976 Downloads Updated March 24, 2023A lease agreement is a contract between a landlord that rents property to a tenant in exchange for monthly payments. The first (1st) month’s rent and security deposit must be paid when signing the agreement. After the lease is signed, the tenant will be given access to the property on the first day of this period before the term expires(unless otherwise agreed upon). By State By Type (13) 1-Page Lease Agreement – For residential use as a simple agreement between a landlord and tenant. For a fixed term such as 12 months. Download: Adobe PDF, you will need MS Word, OpenDocument Commercial Lease Agreements – For the use of any type of retail, office, or industrial space. Download: Adobe PDF, MS Word, OpenDocument Condominium (Condo) Rental Agreement – Residential unit that is owned by an individual in a lease renewal xxxx.Xx help you complex with other individually owned residences. Download: Adobe PDF, MS Word, OpenDocument Equipment Lease Agreement – To rent any type of device, tools, or similar item. Download: Adobe PDF, MS Word, OpenDocument Family Member Rental Agreement – When a relative comes to live in this regardthe same home as a family member. Use to protect the rights of both parties. Download: Adobe PDF, here are some useful samples of lease renewal forms you can download for xxxx.Xxxxx Renewal MS Word, OpenDocument Hunting Lease Agreement Formnationalparalegal.eduDetailsFile FormatSize– For individuals that would like to xxxx on someone else’s private land. Download: 43 KBDownloadLease Renewal Inspection Formmypage.siu.eduDetailsFile FormatSize: 51 KBDownloadLease Renewal Form in PDFsa.gov.auDetailsFile FormatSize: 174 KBDownloadResidential Lease Renewal Formfl-landlord.comDetailsFile FormatSize: 320 KBDownloadFree Lease Renewal Formnyshcr.orgDetailsFile FormatSize: 21 KBDownloadFixed-Term vs. Adobe PDF, MS Word, OpenDocument Month-to-Month LeasesFixedLease Agreement – Also known as a “tenancy-term leases are at-will,” this allows the most popular types in the rental business for some obvious reasons.Pros of Fixed-Term LeasesFor tenants. It is stable. As long as you pay the rent on time, you cannot tenant and landlord to have a binding arrangement that may be evicted unless you break the contract agreements.For landlords. It is cost-effective and gives financial security, since this arrangement brings in a steady flow of rent.Cons of Fixed-Term LeasesFor tenants. Breaking the lease contract early on in the term still obligates you to pay for the whole duration whether you make use of the property or not.For xxxxxxxxx.Xxx cannot evict a tenant without major, valid grounds for doing so. You’re stuck altered with xxxx.Xx eliminate the need for renewal forms in the first place, you might be interested in drafting Month to Month Lease Forms instead. This kind of agreement renews (or “rolls over”) every 30 days’ notice. Download: Adobe PDF, so there is no need for MS Word, OpenDocument Parking Space Rental Agreement – Make a renewal form.Pros of Monthcontract to park an automobile, recreational vehicle (RV), all-terrain vehicle (ATV), or motorcycle. Download: Adobe PDF, MS Word, OpenDocument Rent-to-Month LeasesFor tenantsOwn Lease Agreement – Agreement that structures rental payments in combination with payments to own the property. Download: Adobe PDF, MS Word, OpenDocument Roommate (Room Rental) Agreement – For a roommate seeking others to join in paying rent in a residential unit together. This allows you may be completed by a certain amount of flexibility to stay new roommate or as a collective group. Download: Adobe PDF, MS Word, OpenDocument Standard Residential Lease Agreement – Typically for an indefinite amount of time or move on without extra payment or much notice.For landlords.This kind of lease a one-year period but can be easily converted for any fixed period. Download: Adobe PDF, MS Word, OpenDocument Sublease (Sublet) Agreement – The renting of space a tenant has to someone else. Download: Adobe PDF, MS Word, OpenDocument Vacation (Short-Term) Rental Agreement – For a long-termterm that usually ranges only for a few days between an owner of a home, fixed leaseapartment, condominium, or any other type of residence. Download: Adobe PDF, MS Word, OpenDocument Weekly Rental Agreement – A tenant who resides in a residential space with rent being paid every seven days. Download: Adobe PDF, MS Word, OpenDocument The Leasing Process (8 steps) 1. Tenant Views the Space Before a lease agreement is drawn up, the tenant will usually view the space and see if it’s acceptable to their living standards. If they like it, they will make an offer to the real estate agent, manager, or landlord. The offer will usually be based on the monthly rent amount. 2. Rental Application Any offer made will require the tenant to authorize a rental application and pay a small fee (see maximum amounts ($) by state).Cons of Month-to- Month LeasesFor tenants. It’s unstable since it also gives your landlord the flexibility to abruptly terminate your contract should they have another, more urgent need for the unit.

Signatures Signatures. The landlord and each tenant (who is an adult) should sign and date the agreement. A copy should be distributed to each tenant as well. It’s important to follow state law on distributing lease copies. A building lease agreement is a legal agreement between the landlord of a property and the commercial renter or tenant to whom they will be leasing the building. Building lease agreements are often seen in commercial leasing and are beneficial in protecting the rights of both the landlord and the tenant.Building lease agreements are used to lay out terms and conditions such as security deposits, expectations of maintenance and repair of both the landlord and the tenant, as well as what would be required in the event of an emergency on the property. Building lease agreements can be used when the tenant is planning on using the building for office space or for commercial retail sales and services. Below is a list of common sections included in Building Lease Forms come Agreements. These sections are linked to the below sample agreement for you to explore. Building Lease Agreement Sample Who Helps With Building Lease Agreements? Lawyers with backgrounds working on building lease agreements work with clients to help. Do you need help with a building lease agreement? Post a project in two types ContractsCounsel's marketplace to get free bids from lawyers to draft, review, or negotiate building lease agreements. All lawyers are vetted by our team and peer reviewed by our customers for you to explore before hiring. View Xxxxxxx Member Since: May 27, 2022 I am a solo- practitioner with a practice mostly consisting of serving as a fractional general counsel to growth stage companies. With a practical business background, I aim to bring real-world, economically driven solutions to my client's legal problems and pride myself on efficient yet effective work. View More Practice Areas... View Xxxxxx Member Since: June 16, 2022 Founder and Managing Partner NJ and NY corporate contract lawyer and founder of a firm specializing in helping entrepreneurs. With a background in law firms, technology, and world class corporate departments, I've handled contracts and negotiations for everything from commercial leases and one-off sales agreements, to multi-million dollar asset sales. I love taking a customer-focused and business-minded approach to helping my clients achieve their goals. Other information: learning to surf, lover of travel, and one-time marathoner (NYC 2018) xxxxxxxxxx.xxx View More Practice Areas... View Xxxxxxxx Member Since: June 12, 2022 Xxxxxxxx XxXxxxxx, Esq. has singlehandedly established an in-demand law firm, won several accolades for her incredible work in her community and has her sights set on building a bi-coastal law practice that serves clients from her hometown to Hollywood. She is putting her city of Raeford, North Carolina on the map as the birthplace of the next legal superstar. And she is just at the onset of her career. An astute attorney, Xxxxxxxx is sought after for her razor-sharp business acumen and her relentless litigation style. With a diverse background in entertainment, media and sports law, as well as business, she represents entrepreneurs and athletes on everything from complex contract negotiation to intellectual property matters, ensuring anything they’ve built is protected. View More Practice Areas... View Xxxxxxx Member Since: May 5, 2022 Seven years experience reviewing and drafting corporate and transactional documents, including NDAs, LLC operating agreements, MSAs, employment agreements, etc. View Brittany Member Since: May 6, 2022 I am licensed in New York and New Jersey. I graduated with my J.D. from Touro University Law Center, Summa Cum Laude, in 2021. In 2018, I graduated from SUNY Farmingdale with a B.S. in Sport Management and a minor in Business Management. I have experience in real estate law and insurance defense, including employment law. Please note, I do not carry malpractice insurance. View Xxxx Member Since: May 24, 2022 Director of Art and Business Law Xxxx is a founding partner and the director of Art and Business Law for Twig, Trade, & Tribunal PLLC a local Fort Lauderdale law firm. His practice focuses on Art and Business law including art transactions, legal strategy, art leasing, due diligence, contract drafting, contract negotiations as well as other facets of Art Law including consulting for all market participants. He also advises clients regarding issues for Non-Fungible Tokens (NFTs) again focusing on contract drafting, strategic guidance, and other factors as it relates to art produced as NFTs having given numerous presentations on the subject. View Xxxxxxx Member Since: May 29, 2022 If you're looking for an attorney who can help your business succeed, look no further! With my experience in the legal field, I can provide you with the legal advice you need with entity formation, contract drafting, business operations, and more, And because I'm committed to providing high quality service, you can be sure that your needs will always be met. Contact me today to learn more about how I can help your business thrive! Page 2 4.4 Stars | 137 Ratings 1,619 Downloads Updated April 14, 2023A commercial lease agreement allows a landlord to lease a space for retail, office, or industrial use. The tenant’s annual rent is based on duration: fixedthe price per square foot ($/SF) plus any triple-term net (NNN) expenses. The timeframe (term) for a commercial lease is commonly 3-10 years with options to renew at pre-determined rates. Supplemental Forms Rental Application – Allows a landlord to verify the income and month-to-month leasescredit of a business and its owner. If you’re not sure which is yours, it’s most probably fixed-term, since these are the most common types. Also, an end date on the contract is a dead giveaway.Fixed-term contracts legally allow the lessee (Personal Guarantee – Requires the tenant or contractor3rd party to be personally liable for the obligations under a commercial lease. Booth (Salon) Rental Agreement – Tenant pays the owner of a business, typically a salon, for the use of a booth or area for cutting/coloring hair, massage, cosmetics, or nails. Download: Adobe PDF, MS Word, OpenDocument Booth (Massage) Rental Agreement – For a therapist that is seeking to pay rent a room or share space within a spa. Download: Adobe PDF, MS Word, OpenDocument Co-Working Space Agreement – For office space that is shared amongst many tenants. Commonly no dedicated space. Download: Adobe PDF, MS Word, OpenDocument Facility Event Space Rental Agreement – An agreement to rent a setting for an event. Download: Adobe PDF, MS Word, OpenDocument Garage (Parking) Rental Agreement – Space that is to be used by parking a vehicle. Download: Adobe PDF, MS Word, OpenDocument Gross Lease Agreement – The tenant pays only a base rent amount and use the landlord is responsible for all property expenses. Download: Adobe PDF, MS Word, OpenDocument Modified-Gross Lease Agreement – The tenant pays a base rent amount and the property for expenses are shared between the duration of the lease timelandlord and tenant. If you want to extend the duration of this period before the term expiresDownload: Adobe PDF, you will need a lease renewal xxxx.Xx help you in this regardMS Word, here are some useful samples of lease renewal forms you can download for xxxx.Xxxxx Renewal Agreement Formnationalparalegal.eduDetailsFile FormatSize: 43 KBDownloadLease Renewal Inspection Formmypage.siu.eduDetailsFile FormatSize: 51 KBDownloadLease Renewal Form in PDFsa.gov.auDetailsFile FormatSize: 174 KBDownloadResidential Lease Renewal Formfl-landlord.comDetailsFile FormatSize: 320 KBDownloadFree Lease Renewal Formnyshcr.orgDetailsFile FormatSize: 21 KBDownloadFixed-Term vs. OpenDocument Month-to-Month LeasesFixedLease – For commercial tenants renting for 30-term leases are day periods. Download: Adobe PDF, MS Word, OpenDocument Office Lease Agreement – For professional settings deemed non-retail. Download: Adobe PDF, MS Word, OpenDocument Percentage (%) Rent Lease Agreement – The tenant pays a base rent amount and a percentage (%) of their sales. Download: Adobe PDF, MS Word, OpenDocument Sublease Agreement – An agreement that allows a current tenant renting commercial property to release the most popular types premises to another tenant. Download: Adobe PDF, MS Word, OpenDocument Triple-Net (NNN) Lease Agreement – Tenant pays an agreed-upon amount to the landlord in the rental business for some obvious reasons.Pros of Fixed-Term LeasesFor tenants. It is stable. As long as you pay the rent on time, you cannot be evicted unless you break the contract agreements.For landlords. It is cost-effective and gives financial security, since this arrangement brings in a steady flow of rent.Cons of Fixed-Term LeasesFor tenants. Breaking the lease contract early on in the term still obligates you addition to pay for the whole duration whether you make use all expenses apart of the property or not.For xxxxxxxxx.Xxx canincluding but not evict limited to taxes, common area maintenance (CAM’s), and real estate taxes levied by the county and/or city/town. Download: Adobe PDF, MS Word, OpenDocument What is a Commercial Lease? A commercial lease is between a landlord and a tenant without majorseeking to rent space for business purposes. The annual rent is calculated as a price per square foot ($/SF) of the usable space with 1/12th due each month. Unlike residential leases, valid grounds landlords will sometimes charge the tenant additional expenses such as common area maintenance (CAMs), real estate taxes, and insurance (depending on the type of commercial lease). Types of Commercial Space (3) There are three (3) main categories of commercial property: 1. Industrial Space Industrial properties are warehouses and factories often located outside of the cities. Prime industrial properties will be close to major transportation routes and will be up to code for doing somanufacturing purposes. You’re stuck with xxxxThe most common types of industrial properties include heavy manufacturing, light assembly, flex warehouse, bulk warehouse, and R&D facilities. 2. Office Office-related properties include a large subset of buildings used for business operations.Xx eliminate the need for renewal forms in the first place, you might be interested in drafting Month to Month Lease Forms instead. This kind of agreement renews (or “rolls over”) every 30 days, so there is no need for a renewal form.Pros of Month-to-Month LeasesFor tenants. This allows you a certain amount of flexibility to stay for an indefinite amount of time or move on without extra payment or much notice.For landlords.This kind of lease can be easily converted to a long-term, fixed lease.Cons of Month-to- Month LeasesFor tenants. It’s unstable since it also gives your landlord the flexibility to abruptly terminate your contract should they have another, more urgent need for the unit.