Puerto Rico Landlord Tenant Commercial Package

State:
Multi-State
Control #:
US-AB4-PKG
Format:
Word; 
Rich Text; 
PDF
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Description

These forms are essential to anyone leasing or managing commercial real estate. Get all the forms in one package, all in Microsoft Word format so that you can customize and modify the forms as often as necessary. The following forms are included: Sublease Agreement, Notice from Lessor to Lessee's Requesting an Extension or Renewal of Lease Agreement, Expansion Option Clause, Office Space Lease Agreement, Notice To Tenants Announcing Rent Increase, Three Day Notice to Pay Rent or Surrender Possession of Premises, Short Form Landlord Consent  Assignment of Office Lease, Landlord Consent to Sublease, Checklist of Matters to be Considered in Drafting a Lease of a Commercial Building, Assignment of Lease by Lessee with Consent of Lessor, Amended Lease - Amendment for Office Building, Commercial Lease Extension, and Building Operating Cost Addendum.
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FAQ

In commercial real estate, a net lease is a lease in which the tenant is required to pay a portion, or all, of the taxes, fees, and maintenance costs for a property.

These include: 1. The right to a safe and habitable living space: Landlords are required to provide tenants with a safe and habitable living space. This means that the property must be free from hazards such as mold, lead paint, and other dangerous conditions. 2.

A triple net lease (NNN) assigns sole responsibility to the tenant for all costs relating to the asset being leased, in addition to rent. A double net lease makes the tenant responsible for both property taxes and insurance premiums due.

The letter of intent should include the following six things: A Statement Declaring Your Interest in Leasing the Space. ... A Description of Your Company. ... An Outline of On-Site Employees, Equipment, and Machinery. ... Your Business Hours. ... An Overview of Your Current Space. ... Contact Details.

A gross lease is a type of commercial real estate lease agreement where the landlord is responsible for paying all operating expenses, and the tenant pays a fixed rent.

Net Lease Structures: Triple Net (?NNN?) Lease: In a Triple Net lease, the tenant is responsible for their proportionate share of property taxes, property insurance, common operating expenses and common area utilities.

Triple Net Lease/?NNN? Lease A triple net lease is essentially the opposite of a gross lease. The tenant (you) agrees to pay for not only the fees for rent and utilities but also all of the commercial property's operating expenses, such as maintenance fees, building insurance, and property taxes.

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Puerto Rico Landlord Tenant Commercial Package