Commercial Building Lease

State:
Texas
Control #:
TX-988LT
Format:
Word; 
Rich Text
Instant download

Description Commercial Lease Form

This document is a Texas Commercial Lease Agreement (Form TX-988LT) entered into between a Lessor and a Lessee for leasing commercial property in Texas. It outlines the terms and conditions of the lease, including premises description, lease term, rent payment schedules, utilities responsibilities, and maintenance obligations. The lease also includes provisions for late charges, security deposits, re-letting after termination, default and termination clauses, insurance requirements, notices, governing laws, and other general conditions of the agreement. It requires signatures from both parties to be effective.
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How to fill out Texas Lease Form Application?

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US Legal Forms empowers both individuals and attorneys by providing a comprehensive library that simplifies the creation of vital legal documents. With access to over 85,000 fillable forms, managing leases becomes straightforward and efficient.

Ready to secure your Texas commercial building or space lease? Visit US Legal Forms today and take advantage of our robust form collection and expert assistance!

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Commercial Lease Form Blank Other Form Names

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Texas Commercial Lease Purchase FAQ

If the rent remains unpaid for a specific length of time, usually 14 or 28 days, the landlord or the assigned property manager can go to the premises and lock the defaulting tenant out.

Surrender the Lease. One option for getting out of your commercial lease early is to approach your landlord and request to surrender the lease. Early Termination Clause. Some lease agreements will contain an early termination clause (commonly called a break clause). Assignment of Lease. Subletting the Premises. Licensing.

Anyone renting a building, whether for commercial or personal use, has the right to privacy. You are entitled to do anything on the property that you wish, so long as whatever you are doing is legal. The landlord cannot prevent you from operating your business nor from allowing guests or patrons on the property.

Surrender the Lease. One option for getting out of your commercial lease early is to approach your landlord and request to surrender the lease. Early Termination Clause. Some lease agreements will contain an early termination clause (commonly called a break clause). Assignment of Lease. Subletting the Premises. Licensing.

A Triple Net Lease (NNN Lease) is the most common type of lease in commercial buildings. In a NNN lease, the rent does not include operating expenses. Operating expenses include utilities, maintenance, property taxes, insurance and property management.

The Texas Property Code, §92.0081 A§92.009, describes under what conditions a landlord may change the locks on a rental unit and the tenant's remedies if the law is not followed.A landlord cannot legally, permanently lock a tenant out without going through the eviction process.

Don't just walk away A lease is a binding contract.Under the law in some states (e.g., New York), there's acceleration of payments, meaning the landlord can immediate demand all the rent due under the remainder of the lease. In any state, a landlord can sue for damages (the unpaid rent, legal fees, etc.).

Whether it is expressly stated under the lease or not, the Texas Property Code allows a landlord to prevent a commercial tenant from entering the leased premises by changing the door locks of a tenant who is delinquent in paying at least part of the rent.The decision to lock a tenant out should not be made lightly.

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Commercial Building Lease