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The most important clause to landlords is the duty of the tenant to pay the rent in full and on time. This includes the right to charge a fee for damages if payment is late. Other important clauses grant the landlord the right to enforce the rules and regulations written into the lease.
Cotenants are two or more tenants who rent the same property under the same lease or rental agreement. Each cotenant will have a rental agreement with the landlord and are therefore 100% responsible for carrying out the rental agreement.
tenancy clause in retail lease contracts allows tenants to reduce their rent if key tenants or a certain number of tenants leave the retail space. A large or key tenant is a big draw for traffic, especially in malls, and is often one of the major reasons a tenant chooses to locate in a specific mall.
Ten Terms To Include In Your Lease AgreementNames of all tenants.Limits on occupancy.Term of the tenancy.Rent.Deposits and fees.Repairs and maintenance.Entry to rental property.Restrictions on tenant illegal activity.More items...?
In any standard lease agreement, including those in California, there are basic requirements, such as a description of the property, the rental amount, duration of the rental period, payment due dates, any deposits or fees, condition of the property at the beginning of the lease, maintenance expectations, and how the