Commercial Property Rental Agreement Sample

Posted by on December 6, 2020

Panda-Tipp: The reason for planning the use is compliance with zoning rules and also the guarantee that commercial property is properly equipped for professional use. They do not want, for example, some kind of industrial work in an office building. Triple-net Tenan Contract (NNN) – The tenant pays an agreed amount to the landlord in addition to all expenses except the property, including, but not limited to taxes, common land maintenance (CAM`), and property taxes levied by the county and/or city/city. ☐ taxes are included in the rent, including any property tax increases. In the event that, for one year of the duration of the agreement, an increase in property taxes would exceed the amount of these taxes, estimated for the fiscal year in which the duration of the agreement will begin, whether due to an increased tax rate, an assessment or otherwise, the tenant must pay the lessor, upon presentation of tax bills paid, an amount equal to the increase in taxes on the property and property on which it is located. When these taxes are taxable for a fiscal year beyond the duration of this contract, the tenant`s obligation is proportional to the portion of the use of the term of the tenancy that is included that year. All of these tenant tax obligations are added to the rent paid under this agreement and are part of that rent. B) environmental restrictions. The tenant does not use the denied premises for activities that directly or indirectly relate to the use, production, processing, storage or disposal of hazardous or toxic chemicals, substances, substances or waste (“dangerous materials”) and that the denied premises are used only in accordance with the applicable environmental legislation, regulations and regulations.

The lessor has the right, but not the obligation, to inspect the denied premises and to test if the owner has a reasonable belief that hazardous materials are on the denied premises. If tests indicate the presence of these hazardous substances and the tenant has not removed the hazardous materials upon request, the owner has the right to enter the denied premises immediately in order to correct the impurities found. In exercising its rights, the lessor will make reasonable efforts to minimize the breaches of the tenant`s affairs, but this entry does not constitute a total or partial evacuation of the tenant, and the lessor is not responsible for any disturbances, losses or damage caused to the tenant`s property or business, if this contamination is not caused by the landlord`s actions or actions or by the result of the landlord`s actions.

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