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- arkansas (10)
Arkansas Notice of Assignment of Commercial Lease
AR landlords, notify your business tenants that their leases have been transferred to a new landlord with this Arkansas Notice to Tenants of Assignment of Commercial Lease.
- The landlord must give notice of the assignment to all leasehold tenants following the sale of the premises to a new owner.
- The Notice also instructs the tenants that rent is now to be paid to the new landlord.
- This is a reusable commercial landlord-tenant notice. Buy it, download it, use it as often as you need to.
- This is a downloadable, fully editable MS Word template.
- Intended for use only in the State of Arkansas.
Arkansas Commercial Sublease Agreement
Sublet all or part of your leased business space to a subtenant with this Arkansas Commercial Sublease Agreement for office or retail premises.
The Arkansas Commercial Sublease Agreement is designed for tenants who wish to sublet all or a portion of their leased business space, whether for office or retail use, to another party (the subtenant). This agreement is intended for use exclusively within the State of Arkansas.
Security Deposit Requirements
Under this arrangement, the subtenant is required to pay a security deposit to the original tenant. This deposit serves as financial assurance for the original tenant, addressing potential damages or unpaid dues under the sublease.
Rent Payment Structure
The subtenant pays rent directly to the original tenant. The original tenant, in turn, remains responsible for making rent payments to the landlord according to the terms of the head lease.
Obligations of the Original Tenant
Even after entering into a sublease agreement, the original tenant must continue to perform all obligations set forth in the head lease. The original tenant’s responsibilities under the lease do not transfer to the subtenant.
Assignment of Sublease Interest
The original tenant assigns its interest in the sublease agreement to the landlord, providing an added layer of protection for the landlord’s interests.
Default Provisions
If the original tenant defaults on any obligations under the head lease, the tenant may instruct the subtenant to pay rent directly to the landlord rather than to the tenant.
Format and Customization
The Arkansas Commercial Sublease Agreement is available in Microsoft Word format. It is fully editable, allowing users to tailor the document to their specific needs and circumstances.
Arkansas Renewal and Extension of Commercial Lease
Renew and extend a business tenant's lease with this template Arkansas Renewal and Extension of Commercial Lease form.
- The lease is renewed for an additional period (which can be a full lease term or whatever period of time the landlord and tenant agree to).
- The tenant has no further right to extend or renew the lease.
- The rental payments for the new term are agreed to.
- The remaining terms and provisions of the original lease remain in full force and effect.
- This form is for commercial leases only. You will need to use the Extension of Residential Lease form for residential tenancies.
- Intended to be used only in the State of Arkansas.