Agent For Commercial Lease In Phoenix
Description
Form popularity
FAQ
How to evict a commercial tenant Review the lease agreement. First, review the rental agreement to identify violations committed by the tenant. Provide written notice. Allow for a notice period. File an eviction lawsuit. Attend a court hearing. Receive court judgement. Eviction enforcement.
If a tenant defaults under a commercial lease, Arizona law permits the landlord to re-take possession of the premises by locking out the defaulting tenant. However, if the landlord's lockout is wrongful, the landlord may be liable for the damages the tenant sustains because of the wrongful lockout.
Every commercial lease in Arizona includes a quiet enjoyment clause, which means the landlord must allow tenants to use the leased property without interference. This is a critical tenant right, as it ensures business operations are not disrupted.
Arizona Eviction Time Estimates ActionDuration Issuance of writ of restitution 1-5 days after judgment Execution of writ/time to quit after writ is posted As soon as possible Storage period 14 days Total 1-4 weeks5 more rows •
Review the Lease Agreement. The assignor (current tenant) should review the existing lease agreement to understand the terms and conditions associated with the lease assignment. Obtain Landlord's Consent. Negotiate Terms. Deed of Assignment. Land Registry Notification. Completion and Handover.
LoopNet is the most-known commercial real estate website with over 1 million properties sold. The website features more properties from all asset classes than any other platform – 500,000 available at any given time. In the last year, the website received about 1.3 billion visits.
Tenants in Arizona have the right to ask for habitable housing, appliances in running condition (such as running water), and a safe environment.
There are five counties in the state of Arizona that require you to collect and remit county taxes for commercial leases. Those counties are Coconino, Gila, Maricopa, Pima and Pinal.
Education – Complete 90 hours of “in classroom” or online Real Estate Broker pre-licensing education at an approved Arizona real estate school and pass the examination at an ADRE approved real estate school, college or university.
Percentage Lease Common in retail spaces, this lease structure allows landlords to share in the tenant's success, while tenants benefit from lower fixed costs when business is slow.
