This form is a contract for the lease of real estate. The property and improvements are leased for use as a retail package liquor store. The lessee agrees not to use or permit the use of the property for illegal purposes. An auction, fire or going out of business or bankruptcy sale, may not be conducted in the property without prior written consent of the lessor. the lessee shall not permit overnight lodging in the property, or the solicitation of business by hand bills in the parking areas.
Indiana Contract for the Lease of Real Estate
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Multi-State
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US-60946
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Word;
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How to fill out Contract For The Lease Of Real Estate?
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FAQ
O You have the right to access your rental property at all times. It is illegal for a landlord to deny a tenant access to his rented property by means of changing locks, barring windows or removing doors. The only way a landlord may deny a tenant entry to a property he is renting is through a court order.
No, a commercial lease agreement does not need to be notarized in Indiana in order for it to be a legally valid document; however, either party to the lease may choose to have the document notarized.
A memorandum of lease is a recordable instrument that is used to alert third partiessuch as lenders, other tenants of the property, and prospective buyersthat there is a leasehold interest encumbering a piece of real property.
A notary can play an important role in making sure that a contract is legally enforceable, even if notarization isn't necessary. Just like wills, there is generally no requirement that a contract be notarized in order to be legally binding.
A recordable instrument used to put third parties on notice of a lease interest encumbering real property. The memorandum of lease outlines the specific terms of a lease agreement, including: The names and addresses of the parties. A description of the leased premises.
Aside from price, Indiana's low taxes, a no-tolerance policy for non-paying renters, and landlord-friendly security deposit regulations give property owners an edge.
A property lease agreement is a legal contract between two parties, a lessor (landlord) and a lessee (tenant), whereby the lessee is granted access to a property for a certain amount of time.
No, lease agreements do not need to be notarized in Indiana. Either party can request that the lease be notarized, or they can agree that the lease should be notified. However, it is not required by Indiana state law.
Short Form Lease means the short-form lease agreement to be entered into between LESSOR and LESSEE for purposes of filing with TCCA in the form set forth in Exhibit O. Sample 2. Short Form Lease or similar instrument was recorded in the public records regarding the Perimeter Sublease.
Contents of a lease agreementDescription 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.