This is a commercial lease form for leasing a building for any use, such as a dance studio. This lease is very detailed and includes provisions addressing the areas of lease term, payment of rent, later charges, utilities, condition of premises, security deposits, default, termination, right of re-entry, holdover, and many other legal clauses. Make changes to suit your needs and agreement with your lessee.
California Sample Lease for Dance or other Studio
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Multi-State
Control #:
US-0787-WG
Format:
Word;
Rich Text
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How to fill out Sample Lease For Dance Or Other Studio?
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FAQ
Any provisions that deny a tenant their rights concerning security deposits as stated in the California Civil Code, Section 1950.5 are invalid. 1) Any provision which frees the landlord from liability for damages is invalid under California Civil Code, Section 1953.
Minimum legal components of a lease are a statement of the parties, a description of the property, the duration of the lease, the amount of the rental, and the time and manner of the rental payment.
A legal lease must normally be created by deed; however, there are no formal requirements for the creation of a legal lease for a term that takes effect in possession and does not exceed three years at a full market rent without a premium.
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
Common contents of a rental agreement include:Names of the landlord and tenant and/or their agents.Description of the property.Amount of rent and due dates for payment, grace period, late charges.Mode of rent payment.Methods to terminate the agreement prior to the expiration date and charges if any.More items...?
Both parties shared an assumption, fundamental to the contract, which was wrong at the point in time the contract was entered into; the wrong assumption would cause the contract to be radically different from that which the parties believed to be the case at the point in time it was entered into; and.
Fixed term and periodic agreementsend a fixed term tenancy early.move out at the end of a fixed term.end a periodic tenancy.
Triple Net Lease: It is one of the most common lease types.
California's Statute of Frauds requires a lease to be in writing if it either: 1. has a term longer than one year; or 2. has a term less than one year which expires more than one year after the agreement is reached. actually be maintained for thirteen months.
There are different types of leases, but the most common types are absolute net lease, triple net lease, modified gross lease, and full-service lease. Tenants and proprietors need to understand them fully before signing a lease agreement.
