Commercial Property For Purchase In Fairfax

State:
Multi-State
County:
Fairfax
Control #:
US-00449
Format:
Word; 
Rich Text
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Description

The Commercial Lease Agreement is a legal document designed for the leasing of commercial property in Fairfax, establishing the terms between the Lessor (property owner) and the Lessee (tenant). Key features of this agreement include the specification of the leased property, the rental amount, and the lease duration, which can be extended with proper notice. It outlines the responsibilities of both parties regarding maintenance, repairs, and insurance requirements. Lessees are instructed to keep the property in good condition and comply with all applicable laws and regulations. In case of defaults, the Lessor retains the right to terminate the lease and reclaim the property under specified conditions. The form includes provisions for indemnification, insurance, notice requirements, and governing law, ensuring clarity on the legalities involved. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in commercial real estate transactions, as it provides a structured framework for leasing agreements and helps protect the interests of both parties.
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FAQ

Section 4-7.2-1. (B) Gross receipts do not include revenues that are attributable to taxable business activity conducted in another jurisdiction within the Commonwealth of Virginia and the volume attributable to that business activity is deductible pursuant to Code of Virginia Sections 58.1-3708 and 58.1-3709.

Business closures typically require documentation, which can include lease terminations, bills of sale, a copy of the business license from the new county of business, cancellation, and/or final tax returns (which must be marked as final).

Unrestricted dogs prohibited; leash law. No dog shall run unrestricted, as defined in Section 41.1-1-1, in the County. Any person who is the owner of a dog found unrestricted in the County shall be in violation of this Section.

Section 82-5-7 of the Fairfax County Code prohibits parking of commercial vehicles in residential districts.

You may view your tax information online or request a copy of the bill by emailing DTARCD@fairfaxcounty or calling 703-222-8234, TTY 711.

Business Licenses Most businesses operating in Fairfax County must possess a Business, Professional and Occupational License (BPOL).

All businesses operating in the City of Fairfax must apply for an annual license with the Commissioner of the Revenue. Business license taxes are levied annually and are typically based on a business's gross receipts.

Section 82-4-24. - Operator to give full time and attention to driving. No person shall operate a motor vehicle upon the highways of this County without giving his full time and attention to the operation of the vehicle. (3-13-63; 1961 Code, § 16-85.)

Virginia State Code Section 58.1-3503(17) defines business personal property as all tangible personal property employed in a trade or a business. Businesses are assessed on, but not limited to, office furniture, fixtures, equipment, machinery and tools, and merchants capital.

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Commercial Property For Purchase In Fairfax