A) Renewal. If the tenant is not late in the execution of this contract, the tenant has the option of extending the agreement to an additional annual deadline – beginning on the termination date by indicating a notification as described in Subsection B below. Faced with these important and varied factors, TenantBase has compiled a detailed list of pros and cons for short-, standard and long-term rental options to make it easier for companies to decide which of the three maturities is best suited to their specific needs and expectations. The first sections detail the premises for rent and certain basic conditions that must be supported by this rental agreement. Look for the first article with the inscription “1. Description of rented premises, “then fill the number of square meters of office rented on the first empty line. The next blank line of this article, which is added to the “Type Of Space” in brackets, should contain a brief description of the area for rent. For example, it is part of offices, shop windows, factory, etc. This information should be followed by the full address to which the offices for rent are physically located (building number, street name, unit number, city/neighbourhood/postcode) and the state where they are physically located in the last two empty spaces. In some cases, it may make more sense to describe a site correctly. If this is such a case, a blank line called “Additional Description” has been included in this section so that you include such a description. The second article of this agreement, “2. Use of leased premises,” will contain some empty lines that should be used to define exactly which shares/transactions are allowed in the rented space.
This should be a complete list of all the things the tenant can do in the rental area while participating in the agreement. The next point, which requires information, is called “Term Of Lease.” Use the first two empty lines in this area to say how many years and months the agreement is in effect after it is implemented. Use the first empty line for the number of years and the second for the number of months. If this lease is valid z.B. for one year, place the number “1” on the first empty field and “0” on the second. Then you report the calendar day, the month and the year, when this agreement becomes active for the first time, taking the first three empty lines after the words “… From exile. We will now set the day for the expiry of this agreement. Start with the search for the term “…… “Expire at midnight on,” then enter the calendar day, the calendar month and the calendar year of the termination date of this agreement. In the fourth article, we have to write down the monthly rent in writing. Write down the total amount of the dollar that the tenant must pay in the rent up to the first of each month, on the empty line according to the words “… It`s supposed to be. Also make sure to enter the monthly rent amount as the number after the “-” sign on the empty field in the bracket.
The last vacuum in this paragraph requires the calendar day of each month in which the rent is considered due.