Massachusetts Commercial Lease Modification Agreement

State:
Multi-State
Control #:
US-OL18022
Format:
Word; 
PDF
Instant download

Description

This office lease agreement fully embodies the terms and conditions of the agreement between the parties for the modification [and extension] of the Lease. Any modification, rescission, termination, extension, or waiver of this agreement or any provision made shall not be valid or enforceable unless it is in a writing signed by all parties.

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FAQ

You may be able to legally move out before the lease term ends in the following situations. You Are Starting Active Military Duty. ... The Rental Unit Is Unsafe or Violates Massachusetts Health or Safety Codes. ... You Are a Victim of Domestic Violence. ... Your Landlord Harasses You or Violates Your Privacy Rights.

The process of forfeiting a commercial lease typically involves serving a notice of forfeiture to the tenant. The notice must clearly state the breach and provide a reasonable period for the tenant to remedy the breach (if capable of remedy).

A modification of lease, also called a lease amendment or lease modification, is an agreement that formally changes the original terms and conditions of a lease. It allows the parties to agree to changes without having to sign an entirely new lease.

Holding over when your lease is silent on holding over makes you a tenant at sufferance, which means you have no right to remain in the space and the landlord can evict you at any time. In Massachusetts, landlords are not permitted to resort to self-help to forcibly evict commercial tenants.

A first amendment lease allows you to make a decision so that you can get the equipment you need and still have the option to buy it down the road. When the lease term expires, you are able to exercise the right to purchase the equipment at a fair market price.

Overview of the Commercial Eviction Process in Massachusetts Serve the tenant with a 14-day notice to quit. ... If the tenancy terminates because the tenant did not cure the breach of contract, a summary process summons and complaint will be filed and served on the tenant.

Required Notice Breaking a lease in Massachusetts requires tenants to provide their landlord with written notice. The amount of notice will depend on the length of the lease term: Monthly Leases - Either 30 days or a number of days equal to the interval between each rent payment.

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Massachusetts Commercial Lease Modification Agreement