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CALENDAR ITEMC25 A1S106/29/15 PRC 4285.1 M. Schroeder GENERAL LEASE COMMERCIAL APPLICANT: Gary W. Chaney and Lora lee D. Chaney, Trustees of the Chaney Family Trust of 1998 U.D.T. dated July 7, 1998,
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How to fill out general lease commercial use
How to fill out general lease commercial use:
01
Start by entering the name and contact information of the lessor (property owner) and the lessee (tenant) at the top of the document.
02
Specify the property being leased, including the address and any relevant details such as the square footage or specific units.
03
Include the lease term, which indicates the duration of the lease agreement, whether it is a fixed term (e.g., one year) or a periodic term (e.g., month-to-month).
04
Outline the rent payment terms, including the amount of rent, the due date, and any late payment penalties or grace periods.
05
Specify the permitted uses of the property, ensuring that it aligns with the intended commercial activities. This can include restrictions on certain activities and compliance with local zoning laws.
06
Include any additional fees or charges, such as common area maintenance fees or utilities, and clearly state who is responsible for paying them.
07
Address any needed repairs or maintenance responsibilities, specifying whether it is the landlord's or tenant's responsibility and how these issues should be reported and resolved.
08
Outline any modifications or improvements that the tenant is allowed to make to the property, including whether the landlord's written consent is required.
09
Include provisions for insurance, both for the property and liability purposes, and whether the tenant or landlord is responsible for obtaining and maintaining coverage.
10
Specify the conditions for lease termination, including notice periods required from both parties.
11
Finally, both the lessor and lessee should sign and date the document, indicating their agreement to the terms.
Who needs general lease commercial use?
01
Businesses or individuals who are looking to lease commercial properties for their operations.
02
Commercial property owners who are looking to lease out their properties to tenants.
03
Real estate agents or brokers who assist in leasing commercial properties for their clients.
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