This document is a lease agreement which provides that the lessor will lease to the leasee office space described within the agreement. The lessor will pay all ad valorem taxes assessed against the leased property. The lessee will pay all personal property taxes duly assessed against lessee's personal property located on the premises and shall also pay all privilege, excise and other taxes duly assessed. The lessee will pay the taxes when due so as to prevent the assessment of any late fees or penalties.
Guam Office Space Lease Agreement
State:
Multi-State
Control #:
US-00575
Format:
Word;
Rich Text
Instant download
Description
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FAQ
How long does a commercial lease take to complete? Allow six to eight weeks for a 'standard' lease transaction from receiving the heads of terms from the agents to actually signing.
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...?
Main Parts of a Lease AgreementNames of tenants. Include the first and last name of all tenants who will be residing in the premises.Lease Term. What is the length of time that the lease is valid?Payment of Rent.Deposits.Fees, Fines, Charges.Responsibilities.Access to Premises.Use.More items...
Specifically, the tenant pays the base rent, property but also taxes, insurance, utilities, and maintenance. This even includes standard property repairs associated with the commercial space being occupied.
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...
A commercial lease agreement typically includes:The rent amount.Demise.Date.Covenants applicable to the landlord and tenant.Rights reserved.Rights granted.Restriction on planning.Attestation.
Here are 10 key financial commercial lease clauses that you should keep a close eye on throughout your lease term.Rent And Default.Rent Increase Steps/Percentages.Profit-Sharing Or Revenue-Based Rent.Options.Operating Expenses.Rent Incentives And Reimbursements.Janitorial Services.Electricity.More items...?
These are eight clauses that a landlord should include in a lease agreement in California:Security Deposits.Specific Payment Requirements.Late Rent Fees.Rent Increases.Notice of Entry.Rental Agreement Disclosures.Gas and Electricity Disclosure.Recreational Marijuana and Rentals.
File a copy of the signed lease agreement with the Office of the County Registrar (known as the County Recorder or Deed Registry in some states) in the county where the rental property resides. The office may charge a nominal filing fee for registration, which you must pay at the time of filing.