Products tagged with 'commercial leasing form'

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.

Notify your business tenants that their leases have been transferred to a new owner with this Ontario Notice to Tenants of Assignment of Commercial Lease.

When a building with commercial tenants is sold, it is essential to inform all business tenants that their leases have been transferred to the new owner. This Ontario Notice of Assignment form serves that purpose, ensuring transparency and compliance with provincial laws.

Notification Requirement

The landlord of the building must provide written notice to all leasehold tenants immediately following the sale of the premises. This ensures that tenants are aware of the change in ownership and understand how it affects their lease agreements.

Instructions for Rent Payment

Included in this Notice are clear instructions directing tenants to pay their rent to the new landlord from the date of the assignment onward. This helps to avoid confusion and ensures that rental payments are correctly processed.

Template Features

The form is a fully editable and reusable MS Word template, allowing landlords to use it whenever necessary. It is a convenient and economical option for landlords and rental property managers.

Jurisdiction

This Notice is intended solely for use within the Province of Ontario, Canada.

Prepare a Mutual Cancellation of Lease for a business or retail tenant with this easy-to-use template for British Columbia.

• This agreement is only for commercial tenancies. You will need to use a different form for residential tenants.
• The lessor (landlord) and lessee (tenant) mutually agree that the lease will terminate as of a specific date.
• All rights and obligations of the parties under the lease are extinguished, except for those which accrue prior to the termination date.
• This legal form template is downloadable and fully editable to fit your needs.
• Intended for use only in the Province of British Columbia, Canada.

Cancel an existing lease on office or retail space with this Manitoba Mutual Cancellation of Lease template.

The Manitoba Mutual Cancellation of Lease template is designed to facilitate the termination of existing leases on office or retail spaces.

This agreement is specifically intended for commercial tenancies and is not suitable for residential tenants. A different form must be used for residential lease cancellations.

Mutual Agreement to Terminate

Under this agreement, the lessor (landlord) and lessee (tenant) mutually consent to end the lease as of a specified termination date. On that date, all rights and obligations outlined in the original lease are extinguished, except for those that have accrued prior to the termination.

Template Features

• This form is available for download and can be fully edited to suit the needs of the parties involved.
• It is intended exclusively for use within the Province of Manitoba, Canada.

Developers can hire a leasing manager for a commercial and retail project with this template Leasing Management Agreement.

• The leasing manager will be responsible for:
  • developing a proposed rental structure and tenant mix for the building;
  • screening and approving business tenants for the various premises;
  • retaining real estate brokers and leasing agents, if appropriate;
  • preparing standard form leases;
  • reviewing plans for tenant improvements, and arranging approvals for same;
  • collecting rents;
  • negotiating with tenants;
  • exercising the owner's powers under the leases.
• Available in MS Word format and fully customizable to fit your needs.
• This is a generic template that can be used almost anywhere.

Use this comprehensive template to prepare a 99 Year Ground Lease for land that will be developed as the site of a commercial office and retail project.

• The minimum yearly rental for the land is calculated as the greater of (a) a specified fixed amount or (b) a percentage of the annual net rentals generated by the developed property.
• In addition to minimum annual rent, the developer (as lessee) will pay the costs of clearing the land and obtaining surrenders of leases from any existing tenants.
• The lessee has a right of first refusal if the land owner (lessor) decides to sell or dispose of its interest in the land.
• The lessee is responsible for carrying sufficient and proper insurance, for paying all taxes, charges, liens and utility costs for the property.
• The lessee has the right to assign the lease or to mortgage or otherwise encumber the property without the consent of the lessor.
• The 99 Year Ground Lease template is a generic form that does not contain references to any specific laws or regulations.