North Dakota Commercial Building or Space Lease

State:
North Dakota
Control #:
ND-988LT
Format:
Word; 
Rich Text
Instant download

Description

This is a commercial lease form for the State of North Dakota. It is for leasing a building for any use, such as an office. 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.
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FAQ

The Introduction. The beginning of the lease agreement should contain the name of the landlord and tenant, as well as a statement of the agreement into which they are entering. Rent. Deposit. Taxes. Property Insurance. Utilities and Amenities. Remodeling and Improvements. Repairs and Maintenance.

Names 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.

Typically, commercial space is evaluated at $X per square foot, and that rate times the rentable square feet for your space determines your monthly rent.You may have exactly what lease promised in rentable square feet.

A simple (1 page) lease agreement is a legally binding form used for renting out residential real estate.Unlike a standard residential lease, the form contains the bare-minimum for being an effective lease, foregoing many of the clauses found in standard leases.

The Lease Must be in Writing It does not matter if the lease is handwritten or typed. If the lease is for more than one year, it must be in written form and contain the following terms.

Name the parties. A simple rental agreement form needs to name the parties signing the lease and where they live. Describe the premises. Define the term of the lease. Set how much rent is owed. Assign a security deposit amount. Finalize the lease.

As long as the contract spells out specific details and both parties have signed that they agree to the contract's terms, a handwritten contract is legally binding and enforceable in court.

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North Dakota Commercial Building or Space Lease