Alaska Commercial Lease Modification Agreement

State:
Multi-State
Control #:
US-OL18022
Format:
Word; 
PDF
Instant download

Description

This office lease agreement fully embodies the terms and conditions of the agreement between the parties for the modification [and extension] of the Lease. Any modification, rescission, termination, extension, or waiver of this agreement or any provision made shall not be valid or enforceable unless it is in a writing signed by all parties.

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FAQ

Alaska is a landlord-friendly state because of the lack of rent control laws.

Things A Landlord Cannot Do in Alaska Landlords cannot change locks, shut off utilities, or take other "self-help" actions to try to evict you. They have to file eviction cases in court.

Typically, commercial leases last for five to 10 years, but depending on your circumstances, you may wish to negotiate a more favourable lease length. If you are on good terms with your landlord, they may be happy to agree a longer period or to be flexible around the duration of the lease.

A modification of lease, also called a lease amendment or lease modification, is an agreement that formally changes the original terms and conditions of a lease. It allows the parties to agree to changes without having to sign an entirely new lease.

Alaska eviction laws The reasons and notice times are: Failing to pay rent - 7-day notice to pay. Lease violation - 10-day notice to cure or quit. Failure to pay utilities - 5-day notice to quit.

A landlord may deliver written notice to terminate the rental agreement for substantial damages or illegal activities conducted on the premises. The notice should contain details of the breach and a notice period between 24 hours and 5 days (§§ 34.03. 220).

Alaska landlord responsibilities Landlords are required to make repairs within 10 days of being notified by the tenant. Landlords are required to provide a 30-day notice before raising the rent. Landlords must provide a 24-hour notice before entering the property unless it's an emergency.

Except in case of emergency or if it is impracticable to do so, the landlord shall give the tenant at least 24 hours notice of intention to enter and may enter only at reasonable times and with the tenant's consent.

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Alaska Commercial Lease Modification Agreement