Puerto Rico Safe Occupancy Clause

State:
Multi-State
Control #:
US-OL3042
Format:
Word; 
PDF
Instant download

Description

This office lease clause states that the landlord warrants and represents that the building and premises are suitable for the safe and healthy occupancy by the tenant, its employees, agents, invitees and visitors. Under this clause the landlord is obligation to maintain this condition of the building and premises.

How to fill out Safe Occupancy Clause?

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FAQ

A foreign corporation may be engaged in trade or business in Puerto Rico as a division or branch of that foreign corporation, or as a separate corporation or subsidiary.

Get Puerto Rico Business Licenses. ing to the PR Department of Economic Development and Commerce, anyone doing business in Puerto Rico?including sole proprietors?must obtain a Merchant's Registry Certificate from the PR Treasury Department.

To start a corporation in Puerto Rico, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Certificate of Incorporation with the Department of State. You can file online or by mail. The certificate costs $150 to file.

The Puerto Rico Codes 2018 and the 2018 International Codes® (I-Codes®) provide minimum requirements to safeguard the public health, safety and general welfare of the occupants of new and existing buildings and structures.

A domestic corporation is taxable in Puerto Rico on its worldwide income. A foreign corporation engaged in trade or business in Puerto Rico is taxed at the regular corporate tax rates on income from Puerto Rico sources that is effectively connected income.

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Puerto Rico Safe Occupancy Clause