Nebraska Commercial Building or Space Lease

State:
Nebraska
Control #:
NE-988LT
Format:
Word; 
Rich Text
Instant download

Description

This is a commercial lease form for the State of Nebraska. It is for leasing a building for any use, such as an office. This lease is very detailed and includes provisions addressing the areas of lease term, payment of rent, later charges, utilities, condition of premises, security deposits, default, termination, right of re-entry, holdover, and many other legal clauses. Make changes to suit your needs and agreement with your lessee.

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FAQ

Settle ahead of time on your budget, your must-haves, and your nice-to-haves. Get an agent or lawyer to negotiate for you. Do negotiate on more than one location at the same time. Don't pay asked base rent. Check the square footage yourself.

Research is the key to signing the right business lease. Specifically, look at the building owner, landlord, zoning laws, environmental expectations and nuisance laws. Know how much you have to pay, what exactly you're covering and how much your rent will increase each year.

For example, the AIR form of commercial lease, which is commonly used in California and other states, provides that the landlord shall manage all common areas of the development driveways, sidewalks, landscaped areas, parking lots and the like and allows the landlord to pass through to each tenant a

The Introduction. The beginning of the lease agreement should contain the name of the landlord and tenant, as well as a statement of the agreement into which they are entering. Rent. Deposit. Taxes. Property Insurance. Utilities and Amenities. Remodeling and Improvements. Repairs and Maintenance.

Justify Why You Need Free Office Rent. Don't just ask for it for no reason. Build-Out Period. Base Rent Free OR Base Rent & Operating Expenses? Early Occupancy. Ask For More Free Rent Than You Need. Consider Adding More Term to The Lease. Offer to Spread The Free Rent Out Over a Period of Time.

Under California law, a lease does have to be in writing to be enforceable, but only when the lease is for a period of more than a year.There is, however, an additional legal doctrine called partial performance which does make oral contracts enforceable even if they are covered by the Statute of Frauds.

Name the parties. A simple rental agreement form needs to name the parties signing the lease and where they live. Describe the premises. Define the term of the lease. Set how much rent is owed. Assign a security deposit amount. Finalize the lease.

As long as the contract spells out specific details and both parties have signed that they agree to the contract's terms, a handwritten contract is legally binding and enforceable in court.

Lease Commission Structures Generally speaking, though, you can expect to pay a lease commission of about 5 percent of your total lease, which is then split between your landlord rep and the tenant rep. For instance, if you get a $20 per square foot lease for five years, the commission would be $5 per square foot.

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Nebraska Commercial Building or Space Lease