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.
District of Columbia Sample Lease for Dance or other Studio
Category:
State:
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
A written lease agreement must contain:The names and addresses of both parties;The description of the property;The rental amount and reasonable escalation;The frequency of rental payments, i.e. monthly;The amount of the deposit;The lease period;The notice period for termination of contract;More items...
What should be in a tenancy agreementthe names of all people involved.the rental price and how it's paid.information on how and when the rent will be reviewed.the deposit amount and how it will be protected.details of when the deposit can be fully or partly withheld (for example to repair damage you've caused)More items...
The law says that a landlord may not include in a lease any terms that: allow the landlord to accept rent free of the duty to make repairs; say that a tenant gives up their right to respond to an eviction filed against them; requires either party to pay the other party's attorney fees; or.
For example, only two people are allowed in a studio apartment, three people in a one-bedroom, five in a two-bedroom, and seven in a three-bedroom. So if you already have two occupants in a studio apartment and they request a roommate, you won't be able to accept the request according to DC law.
Under the Act, housing providers are allowed to raise rents enough to earn a 12% rate of return on the housing provider's rental property investment. To apply for this increase, the housing provider must document operating expenses for 12 of the last 15 months preceding the filing of the hardship petition.
Contents of a lease agreementNames of the lessor and lessee or their agents.Description of the property.Amount of rent and due dates, grace period, late charges.Mode of rent payment.Methods to terminate the agreement prior to the expiration date and charges if any.More items...?12-Oct-2021
Moving into a studio apartment with a partner allows you to save on rent, but it also means you'll get to know each other really well (really, really well). It can have its challenges, such as limited time to yourself and not much breathing room.
Rent control is a broad term for legislation that limits rental rates in a city or state. Rent control laws vary by municipality, but they generally put a ceiling on the maximum rent that can be charged for a unit, as well as the amount that the rent can be increased per year.
Keep Rent-Controlled Housing Affordable Currently the law allows a landlord to take a 10 to 20% increase when tenants move out, which rewards landlords for displacing tenants.
Because of their size, studio apartments are typically intended for no more than two people.
