Alabama Commercial Lease Extension

State:
Multi-State
Control #:
US-0172BG
Format:
Word; 
Rich Text
Instant download

Description

This Commercial Lease Extension Agreement will extend an existing Commercial Lease. This extension sets forth the date of the original lease, term of extension and revised rental payments. This Commercial Lease Extension Agreement must be signed by the parties to the original lease.
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FAQ

Alabama landlords may refuse to renew a lease, but, like tenants that choose to break a lease, landlords must also give their tenants proper notice. Unless otherwise specified in the rental agreement, the tenant is typically given 14 days' notice. The same is true for modifications to lease terms and rent increases.

Early Termination Clause Landlord-tenant laws in Alabama allow landlords to include an 'Early Termination' clause in the lease document. This section is meant to provide specific provisions for those who may try to end a lease before it ends.

Unconditional notices to quit are uncurable breaches of the rental agreement, so landlords in Alabama need only to send and wait out the seven-day quit notice before filing for eviction (Ala. Code § 35-9A-421(d)).

Keep in mind that with a long-term lease, the landlord cannot increase the rent until the lease ends and a new tenancy begins?unless the lease itself provides for an increase. Alabama landlords may not raise the rent in a discriminatory manner?for example, only for members of a certain race.

Alabama eviction laws vary from county to county, but they still follow the same general eviction process: Send a clear written notice. Fill out the forms. Serve the tenant. Attend the trial. Wait for judgement.

As seen in the table, if the lease agreement is categorized as monthly, the landlord may issue a 30-Day Notice to Quit instead of the 7-Day alternative. But if they stay in the property even a day after their lease/rental agreement ends and have not arranged for a renewal, landlords can issue a written notice to move.

To extend a commercial lease, the tenant must serve a formal notice to the landlord, known as a Section 26 notice or a Section 42 notice, depending on the circumstances. The specific notice required will depend on whether the tenant wants a new lease with different terms or wants to continue the existing lease terms.

Alabama rent laws If the tenant is late paying rent, Alabama landlords are not required to provide a grace period for the payment of rent before charging a late fee. Alabama tenants cannot withhold rent, in any scenario including to enforce their rights and/or for ? deduct? remedies.

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Alabama Commercial Lease Extension