Non Residential Lease Agreement With Guarantor

• Category: Landlord Tenant - Commercial Leases
• State: Multi-State
• Control #: US-01665-AZ
• Format: Word; Rich Text

Description

The Non Residential Lease Agreement with Guarantor is a formal document that outlines the terms and conditions of leasing commercial premises. It provides critical information, such as the effective date, parties involved, and specific use cases for the premises. Key features include the monthly rent, payment due dates, late charges, and security deposit information. Users are required to clarify the lease duration, whether it's fixed-term, month-to-month, or week-to-week, allowing for flexibility. The form also includes an allocation of expenses that distinguishes which costs are borne by the lessor and lessee, ensuring transparency. Additionally, clauses regarding the security deposit, assignment, and subletting are included to protect the interests of both parties. Filling the form entails entering precise details, securing signatures from both the lessor and lessee, and ensuring the document adheres to local legal standards. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in creating legally binding agreements that cover all necessary aspects of commercial leasing.