This contract is to lease office space from property owner to Tenant. This contract will include lease terms that are compliant with state statutory law. Tenant must abide by terms of the lease and its conditions as agreed.
Alaska Office Lease Agreement
State:
Alaska
Control #:
AK-802LT
Format:
Word;
Rich Text
Instant download
Description Alaska Office Space For Lease
Free preview Alaska Lease Document
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FAQ
You and your landlord agree to terminate early. Enter into a deed of surrender to explicitly release you from all lease obligations. You have an early termination clause or break clause in the lease. You may be able to transfer or assign the lease with your landlord's agreement.
You can also negotiate with your landlord to buy-out your remaining lease. This could come in the form of all or part of your security deposit or a lump-sum payment. Again, landlords are far more willing to negotiate a buy-out if there's an optimistic outlook on finding a new tenant.
The Lease Must be in Writing It does not matter if the lease is handwritten or typed.
How long is a typical commercial lease? Commercial leases are typically three to five years. That guarantees enough rental income for the landlords to recoup their investment.
The most common lease term is for one year, but leases can be for any length of time as long as the landlord and tenant agree to the length. They can be as short as six months or as long as 30 years, which would be more common in commercial leases.
Most rental agreements are short-term agreements, such as month-to-month tenancies, while lease agreements are usually for longer rental periods, such as six months, a year, or more.
Average commercial lease lengths are 3-5 years, however it's contingent on market conditions, the existing condition of the space, your credit, and the scope of tenant improvements needed. In a hot market landlords are going to push for a minimum of 3-5 year leases.
The Lease Must be in Writing It does not matter if the lease is handwritten or typed. If the lease is for more than one year, it must be in written form and contain the following terms.
Most standard lease agreements are for 12 or 18 months, though six-month and two-year leases are also possible. Another option is something called a month-to-month rental agreement, which offers flexibility for both the landlord and tenant.