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A headlease is the primary lease that is signed between a tenant and a property manager. The tenant, or head lessee, is contractually responsible for the terms of the lease, and in most lease agreements, they have the ability to sublease the space if they so wish.

7 Essential Lease Agreement Clauses Identify Landlord and Tenants. Identify Property. Rental Term. Rent Amount and Due Date. Security Deposit Terms. Tenant Responsibilities. Landlord and Tenant Signatures.

Does Microsoft Word have a lease agreement template? Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.

Here are some of the most important clauses in commercial lease agreements that tenants should know about: Term.Description of Premises Clause.Rent Escalation Clause.Use Clauses.Improvements and Alterations Clause.Insurance Clause.Renewal Clause.

The plenary course to make a rental agreement is broken into 4 steps: Drafting the agreement. Printing the agreement on stamp paper of fixed value. The signing of the agreement (by the tenant and the owner) should occur in the presence of two witnesses. Registration of the agreement (at the sub-registrar office)

With our website, you can have an effective rental agreement and easily hand it out to your new tenants confidently simply by downloading our Rental Agreement Template in Google Docs. They are professionally written by our legal team to strictly comply with the legalities it intends to bind.

Some important provisions to understand include: Use. The use provision specifies how the premises may be used.Exclusivity. Another potentially important term to be familiar with is exclusivity.Lease Term.Renewal Rights.Assigning the Lease.Expenses.Insurance Requirement.Legal Assistance.