Commercial Lease Agreement

Improved Essays
Texas Commercial Lease Agreement
Texas Commercial Lease Agreement is a legal document to govern the lease transaction of the property within the Texas State. The lease agreement is binding on both the lesser and the lessee. This 20 page document template comprises of directives of using the property within the allotted lease period. Furthermore, it directs the code of conduct for both the lesser and the lessee under various situations and conditions. Texas Commercial Lease Agreement has 20 articles and subsections. Reading and understanding them prior to signing and entering into an agreement is very necessary. The lease agreement is a legal document and binding on both sighing parties although the notarization of the document from the Notary
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Begin by writing the date of enforcement of the lease agreement followed by name and the address of the landlord as well as tenant in the spaces provided respectively. Filling these details is a platform for defining the roles of the respective parties.
Type the date of natural termination of the lease agreement in Article II, Lease Term. Mention the date of commencement of the business of the tenant in the said premises.
Section 1, Rent Sheet of Article IV of the lease agreement has space for mentioning the schedule for the monthly rent. Furnish details under From, To, and Monthly Base Rent as applicable.
Type the amount of security deposit in words and figure in Article V, Security Deposit. This security deposit is conditionally refundable.
Section 2 of Article VII requires input of distribution of utility payment between the landlord and the tenant. Mention the details as applicable in the spaces provided for the same. Section 3, Repair and Maintenance Responsibility of Article VIII requires marking of preferences of responsibility of payment for repairs of the 11 categories. You and the landlord must mark in the appropriate box to shoulder the responsibility of expenses incurred for repairing respective area, feature, or utility belonging to the said

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