Lease Agreement Sample Clauses

Lease Agreement. For a person seeking to rent a room in a shared residence. Download: PDF, Word (.docx) Standard Lease Agreement – Considered the paradigm of lease agreements, this document is commonly used for everyday rental transactions. Download: PDF, Word (.docx) Sublease Agreement – For a tenant seeking to re-rent their residence to someone else (the “subtenant”). The landlord will commonly have to give consent as most standard lease agreements prohibit the act of subleasing. Download: PDF, Word (.docx) What is a Lease Agreement? A lease agreement is a common legal document that allows a person or business to rent property from the owner. Most residential agreements are for one (1) year, while most commercial agreements are usually for multiple years. The primary details of a lease that must be recorded within the form include: Date of the Agreement’s Origination Names and Addresses of the Landlord & Tenant Property Description (rental unit’s address) Term of the Occupany Security Deposit Amount Required Lease Payments (rent) Once a lease agreement is signed by both parties, it becomes a legally binding document. (There is no need for witnesses or notarization.) Lease Addendums & Disclosures An addendum is attached to a lease to add supplementary terms to the existing contract. It is important that all parties (landlord & tenant) sign off on the document to ensure that they both acknowledge the modifications made. A disclosure is a statement that relays specific information to the recipient (typically the tenant) concerning the rental property. Most times, these are presented because either local or federal laws require it. General Addendums, Disclosures, & Notices: How to Lease Residential Property If you are new to owning property or becoming a landlord, you will need to know the ins and outs of the lease agreement pretty well. For professional help, it’s best to hire a landlord & tenant attorney to draft a lease agreement for your property. If you wish to rent out your property yourself and would like to draft your own lease agreement, follow the steps below. Step 1 – Market Your Rental Property In order to attract interested parties, you have to make the public aware that you have a home available for rent (whether it be an apartment, condo, house, etc.). The most effective way to do this these days would be to advertise on a popular real estate listings website. The top platforms being: ▇▇▇▇▇▇.▇▇▇ ▇▇▇▇▇▇.▇▇▇ ▇▇▇▇▇▇▇▇▇▇.▇▇▇ ▇▇▇▇▇▇▇▇▇▇.▇▇▇ Step 2 – Showing the Uni...

Lease Agreement. 1 --------------- 1.02 Contingent Upon Acquisition of the Leased Property................ 2 -------------------------------------------------- 1.03 Term.............................................................. 2 ---- 1.04 Holding Over...................................................... 4 ------------ 1.05 Surrender......................................................... 4 --------- 1.06 Deliveries at Commencement........................................ 4 -------------------------- 1.07 Additional Leased Properties; Lease Supplement.................... 4 ----------------------------------------------

Lease Agreement. If any court of competent jurisdiction should determine that this Lease constitutes a security arrangement as opposed to a true lease, the parties then agree that this Lease shall constitute a security agreement within the meaning of the Uniform Commercial Code and that the Lessor shall be considered a secured party under the provisions thereof and shall be entitled to all the rights and remedies of a secured party and Lessee, as debtor, grants to Lessor, as secured party, a security interest in the Equipment; provided nothing herein shall be construed nor shall the inclusion of this paragraph be interpreted as derogating from the stated intent and contractual understanding of the parties that this is a true lease.

Lease Agreement. Landlord does hereby let and lease unto --------------- Tenant, and Tenant does hereby take and hire from Landlord, the Leased Properties, which shall respectively consist of: (a) The parcels of land described and located at the addresses listed in Schedule A hereto, as more particularly described ---------- therein, together with any additional parcels of real estate and improvements thereon subsequently designated as a Leased Property by the parties pursuant to a Lease Supplement as provided for herein, together with all rights, titles, appurtenant interests, covenants, licenses, privileges and benefits thereto belonging, and any easements, rights-of-way, rights of ingress or egress or other interests in, on, or to any land, highway, street, road or avenue, open or proposed, in, on, across, in front of, abutting or adjoining such real property including, without limitation, any strips and gores adjacent to or lying between such real estate and any adjacent real estate (the "Land"); (b) All buildings, improvements, structures and Fixtures (as hereinafter defined) now located or to be located or to be constructed on the Land, including, without limitation, sidewalks, landscaping, parking lots and structures, roads, drainage and all above ground and underground utility structures and conduits (on-site or off-site), equipment systems and other so-called "infrastructure" improvements (the "Improvements"); (c) All equipment, machinery, fixtures, and other items of real and/or personal property, including all components thereof, located in, on or used in connection with, and permanently affixed to or incorporated into, the Improvements, including, without limitation, all furnaces, boilers, heaters, electrical equipment, heating, plumbing, lighting, ventilating, refrigerating, incineration, air and water pollution control, waste disposal, air-cooling and air-conditioning systems and apparatus, sprinkler systems and fire and theft protection equipment, and similar systems, all of which, to the greatest extent permitted by law, are hereby deemed to constitute real estate, together with all replacements, modifications, alterations and additions thereto (collectively the "Fixtures"); and (d) All easements, rights and appurtenances relating to the Land and the Improvements. SUBJECT, HOWEVER, to the liens, encumbrances, restrictions, agreements, and other title matters listed or specifically referred to in Schedule B ("Permitted Exceptions"). ---------- The Leased Pro...

Lease Agreement. Lessor agrees to lease to Lessee, and Lessee agrees to lease from Lessor, the equipment (the "Equipment") referenced in each of the Schedules (the "Schedule" or "Schedules") which incorporate this MLA therein (the "Lease"

Lease Agreement. This Lease Agreement, Application Form, Schedule, other documents and information provided by and to the Tenant/Occupant, as well as the Annexures hereof.

Lease Agreement. Motor vehicle dealers and wholesalers shall furnish a copy of a signed lease agreement with the dealer license application whenever first applying for a license for a business location, unless the business property is owned by the dealership entity.

Lease Agreement. 21.3.4 In addition to the other rights of Lessor herein provided, Lessor shall have the right, without terminating this Lease Agreement, at its option, with or without process of law, to reenter and retake possession of the Leased Premises, and all improvements thereon, and collect rents from any Sublessee and/or sublet the whole or any part of the Leased Premises for the account of Lessee, upon any terms or conditions determined by Lessor. Lessee shall be liable immediately to Lessor for all costs Lessor incurs in reletting the Leased Premises, including without limitation, brokers' commissions, expenses of remodeling the Leased Premises required by the reletting, and like costs. Re-letting can be for a period shorter or longer than the remaining term of this Lease Agreement. In the event of such re-letting, Lessor shall have the right to collect any rent which may become payable under any sublease and apply the same first to the payment of expenses incurred by Lessor in dispossessing Lessee, and in re-letting the Leased Premises, and, thereafter, to the payment of the rent herein required to be paid by Lessee, in fulfillment of Lessee's covenants hereunder; and Lessee shall be liable to Lessor for the rent herein required to be paid, less any amounts actually received by Lessor from a sublease, and after payment of expenses incurred, applied on account of the rent due hereunder. In the event of such election, Lessor shall not be deemed to have terminated this Lease Agreement by taking possession of the Leased Premises unless notice of termination, in writing, has been given by Lessor to Lessee. 21.4 The remedies provided in this Lease Agreement are cumulative in addition to any remedies now or later allowed by law or equity. The exercise of any remedy by Lessor shall not be exclusive of the right to effect any other remedy, allowed Lessor under the terms of this Lease Agreement, or now or later allowed by law or equity. 21.5 Any delay by Lessor in enforcing the terms of this Lease Agreement or any considerations or departures therefrom shall not operate to waive or be deemed to be a waiver of any right to require compliance that is full and to the letter of this Lease Agreement or to thereafter require performance by Lessee in strict accordance with the terms of this Lease Agreement. 21.6 In the event that any remedy granted to Lessor under the terms of this Lease Agreement is held void or unenforceable, Lessor shall nevertheless have all of the other re...

Lease Agreement. 15 5.3.5 Registration Rights Agreement....................................... 15 5.3.6 Opinion of Counsel for the Shareholders and the Company............. 15 5.3.7 Documents, Stock Certificates....................................... 15 5.3.8 Discharge of Indebtedness, Releases, Etc............................ 15 5.4 Deliveries by the Parent at the Closing..................................... 16 5.4.1 Closing Certificates................................................ 16 5.4.2 Registration Rights Agreement....................................... 16 5.4.3 Opinion of Counsel for the Parent and Merger Sub.................... 16 5.4.4 Closing Merger Consideration........................................ 16 6.