How To Draw Up A Lease Agreement For Non-residential Premises

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How To Draw Up A Lease Agreement For Non-residential Premises
How To Draw Up A Lease Agreement For Non-residential Premises

Video: How To Draw Up A Lease Agreement For Non-residential Premises

Video: How to Write a Lease Agreement 2022, December
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Usually the very first contract that an entrepreneur enters into is an office lease agreement. Or, in legal terms, a contract for the lease of non-residential premises. Before signing this paper, carefully study, preferably together with a lawyer, all of its points. There are many pitfalls in the rental business that a novice businessman can stumble over.

How to draw up a lease agreement for non-residential premises
How to draw up a lease agreement for non-residential premises

Instructions

Step 1

Ask the owner of the premises to show you some documents - a sales contract and a certificate of ownership. If the landlord himself is not the owner of the office, but submits it to you, then in addition to the above papers, he must also show you his lease agreement with the owner of the premises.

Step 2

Download the Model Commercial Lease Form on the Internet. When filling out, pay attention to the following points. The space you intend to rent must be described in detail. Use the information from the BTI certificate and from the certificate of ownership. Remember that the contract will be considered invalid if it is impossible to establish what kind of premises were rented out.

Step 3

If you plan to conclude an agreement for more than 1 year, remember that in this case the agreement will need to be registered with the regional chamber. To avoid unnecessary red tape, lawyers advise to conclude a contract for 11 months. Just do not forget to write down on paper that after this period, the contract will be concluded again.

Step 4

Pay particular attention to the clause that spells out the provisions on rent. Pay attention to whether the owner of the premises can increase the rental price. Also agree on how - in cash or non-cash - you will pay. On paper, you need to reflect the exact amount of your fee, as well as the specific dates when you must deposit money.

Step 5

Check if the landlord has entrusted you with major renovations in the rented premises. Usually the tenant only carries out cosmetic repairs. More complex work, associated, for example, with the replacement of communications, should be carried out by the owner of the premises.

Step 6

Remember that the premises must be transferred according to the acceptance certificate. In this paper, you need to register what property is being leased, as well as its shortcomings. If you did not mention in the act that, for example, the linoleum was stripped, it will be difficult for you to prove that it was not you who did it.

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