New York Lease Agreement between Continental, Inc. and Birthday Express, Inc. is a legally binding document that outlines the terms and conditions regarding the lease of a building and premises. This agreement is specific to the state of New York and ensures that both parties, landlord Continental, Inc. and tenant Birthday Express, Inc., are protected and have a clear understanding of their rights and responsibilities. Keywords: New York, Lease Agreement, Continental, Inc., Birthday Express, Inc., building, premises, terms and conditions, legally binding, landlord, tenant, rights, responsibilities. Types of New York Lease Agreements for Continental, Inc. and Birthday Express, Inc. may include: 1. Commercial Lease Agreement: This type of agreement is suitable for parties engaged in commercial activities, such as businesses, offices, or retail spaces. It outlines the terms related to rental payments, lease duration, permitted use of the premises, maintenance responsibilities, and any additional provisions relevant to the commercial nature of the lease. 2. Retail Lease Agreement: If Birthday Express, Inc. operates a retail store within the building and premises leased from Continental, Inc., a specific retail lease agreement can be used. This agreement may include provisions related to business hours, signage, parking, display areas, and other specific requirements applicable to retail operations. 3. Sublease Agreement: In some cases, Continental, Inc. might allow Birthday Express, Inc. to sublease a portion of the building or premises to another party. A sublease agreement would be signed between Birthday Express, Inc. as the sublessor and the third party as the sublessee, with Continental, Inc. as the consented landlord, outlining the terms and conditions of the sublease. 4. Short-Term Lease Agreement: If the lease is for a comparatively shorter duration, such as a few months, a short-term lease agreement can be used. This agreement would cover the specific time frame, applicable rental payments, terms of renew ability, and any other provisions pertinent to a shorter lease term. Note: The specific type of New York Lease Agreement between Continental, Inc. and Birthday Express, Inc. will depend on the nature of the leased premises, the intended use, and any unique requirements or preferences negotiated by the parties involved.
New York Lease Agreement regarding lease of building and premises between Continental, Inc. and Birthday Express, Inc.
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Tenant shall use the Premises only in conformance with applicable governmental laws, regulations, rules and ordinances for the purpose of general office, light manufacturing, research and development, and storage and other uses necessary for Tenant to conduct Tenant's business, provided that such uses shall be in ...
For example, the original tenant might have put holes in the wall to make a new passageway or undertaken other major work on the property. At the end of the lease, the new tenant must fix those issues and return the property to the condition that it was in at the start of the lease.
Examples of 'make good' provisions include: If a tenant rents the premises as a shell, their 'make good' obligation could involve stripping all fixtures and fittings, removing staircases, and returning the premises to the landlord as a shell (sometimes also referred to as decommissioning obligations)
What is the 'make good' clause? 'Make good' refers to the clause/s in a lease that set out how a tenant should leave a property at the end of the lease term. Basically, when the day comes to hand back the keys to the landlord, the property should be in the condition that is stipulated in the lease.
A commercial make good provision is a clause in a lease that requires a tenant to return a property to its original condition before handing back the keys. Make good clauses require tenants to remove their property from the space and leave the area clean and tidy.
Make Good Costs means the reasonable costs required to repair the Facility and return it into a useable area based on a ?like for like? replacement of any damaged materials.
Here is an example of a rent amount clause in a lease: "The Tenant agrees to pay $12,000 as rent, to be paid as follows: $1,000 per month, due on the 1st day of each month. Payment of the first month's rent and any security deposit is due upon the signing of this Lease by the Tenant.
An automatic renewal term is a lease period that renews every month, six months, or year for the same length of time. This arrangement continues until the landlord or tenant terminates the lease.