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(b) Both Lessor and Lessee shall each immediately make a reasonable determination of the MR and submit such determination, in writing, to arbitration in accordance with the following provisions: (i)
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How to fill out both lessor and lessee
How to fill out both lessor and lessee
01
To fill out the lessor form:
02
Start by providing your name and contact information.
03
Enter the details of the property being leased, including the address and any specific terms or conditions.
04
Specify the duration of the lease agreement, whether it is a fixed term or month-to-month.
05
Include the rental payment terms, such as the amount due, payment frequency, and any penalties for late payments.
06
Include any additional clauses or provisions that you want to include in the agreement.
07
Sign and date the document to finalize the lessor form.
08
09
To fill out the lessee form:
10
Begin by providing your name and contact information.
11
Include the details of the property you are leasing, such as the address and any specific terms or conditions.
12
Specify the duration of the lease agreement and whether it is a fixed term or month-to-month.
13
Include the rental payment terms, including the amount due, payment frequency, and any penalties for late payments.
14
Include any additional clauses or provisions that you want to include in the agreement.
15
Sign and date the document to complete the lessee form.
Who needs both lessor and lessee?
01
Both lessor and lessee are needed in a lease agreement.
02
The lessor is the person or entity that owns the property and is leasing it out to another party, known as the lessee.
03
The lessor needs the lessee to enter into a legally binding agreement that outlines the terms and conditions of the lease.
04
Similarly, the lessee needs the lessor to provide a written agreement that protects their rights and specifies their obligations as a tenant.
05
Having both lessor and lessee in a lease agreement ensures a clear understanding of the rights and responsibilities of each party.
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