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Notice when rent not paid under tenancy for less than three (3) months. Once the above terms are agreed upon the main items of the rental portion are complete.Step 2 – Decide the Option to Purchase. The letter of intent. Form and Payment of Rent. The Lessee shall pay rent in the form of cash, a check or money order made payable to the Lessor. No matter when during June the tenant actually leaves, the tenant is responsible for the entire month's rent. Do Options, ROFRs, and ROFOs Create an Interest in Real Property? Commercial leases often include options to renew or extend the term of the lease.
