The next point, called “Use of Rented Premises”, also contains several empty lines. Note the purpose and permitted uses of the leased property that should apply to this Agreement. This should be a specific definition. It is stated that if the tenant uses the rental property for purposes other than defined, such an act may be considered a breach of this contract. The third point or “rental period” also requires some specific information. This article is specifically about when the tenant can start renting the property and when the tenant can no longer rent the property under this agreement). We start by entering the number of years and months that the landlord intends to rent to the tenant. To report this period, write the number of years in the first space, and then numerably display the number of years in the first sentence of parentheses. If the term of the rental agreement includes a partial year, write the number of months in the following space (after the word “years”). This should be followed by the number of months that entered numerically in the second parentheses field. The number of years/months entered here indicates the duration of the activity of the rental contract or the duration of the rental.
We must now enter the exact start date of this agreement. The date with the three spaces according to the words “. Starts with the ” will be the first day of the duration of the rental agreement mentioned above. Finally, use the three spaces according to the term “. Commercial Rental Application – Use them to determine the creditworthiness of a potential tenant before signing a lease. To keep things straight, here are the most common types of commercial properties used today: Estoppel Certificate – Can be requested by the landlord after signing the lease to confirm that there is a lease between the tenant and the landlord. A commercial lease must be used whenever commercial property is leased by a lessor or tenant. (B) Notification of the extension.
The possibility of renewing this rental agreement in accordance with paragraph A above is exercised by written notification to the owner at least ________ days before the date of termination. . . .