![]() ![]() ![]() Sublease Agreement – A tenant (“sublessor”) who is currently is under a lease decides to rent a portion of the entire space to subtenant (“sublessee”).Ī lease is only as good as the form it is written and the individual that desires to rent the space. Roommate Agreement – A roommate agreement outlines the terms when 2 or more people live together in a residence while sharing the common areas such as the kitchen, bathroom(s), and living areas. Residential Lease – A fixed-term rental contract between a landlord and tenant whereas payment is due every month, usually on the first (1st) day, and the term is commonly for one (1) year. Month-to-Month Lease – Otherwise known as “tenancy-at-will”, is a rental contract that can be terminated in either 30 days or the minimum termination required by the State. There are three (3) types of commercial leases: Gross Lease, Modified Gross Lease, Triple Net (NNN) Lease. Can a Tenant pay rent with a Credit Card?Ĭommercial Lease – For any type of commercial space for business use such as industrial, office, or retail.What happens if the Landlord or Tenant violates the Lease?.4.4 Stars | 109 Ratings Lease Agreements: By State
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