Virginia Commercial Lease Agreement for Tenant

State:
Multi-State
Control #:
US-807LT-4
Format:
Word; 
Rich Text
Instant download

Description

Lease of property for commercial purposes. Average complexity.
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  • Preview Commercial Lease Agreement for Tenant
  • Preview Commercial Lease Agreement for Tenant
  • Preview Commercial Lease Agreement for Tenant

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FAQ

Notarizing the Deed of Lease is not necessary, but may serve as an alternate means of compliance. Compliance.

A Commercial Tenancy Agreement, also known as a Business Lease or a Commercial Lease, is used when the owner of a business property wishes to rent space to another business owner. Both parties may either be individuals or corporations.

Can a landlord lock out a tenant or shut off utilities? Under either the general landlord tenant-law or the VRLTA, the landlord may not shut off utilities, lock the tenant out of the rental unit, or evict the tenant without giving notice and going to court.

The responsibilities of landlord and tenant will be clearly set out in the lease. Normally commercial landlords are responsible for any structural repairs such as foundations, flooring, roof and exterior walls, and tenants are responsible for non-structural repairs such as air conditioning or plumbing.

Recordation of Leases in VirginiaVirginia law requires that a lease for a term of more than five years be recorded, or it is void as to all purchasers for valuable consideration without notice of the lease and not parties to the lease itself, and as to all lien creditors.

Virginia law does not specifically forbid self-help evictions for commercial properties, so it may be possible to evict a commercial tenant by changing locks or shutting off utilities. However, this practice is incredibly risky, and it is not recommended.

No, a commercial lease does not need to be notarized in Virginia in order for it to be legally binding; however, any party to the lease may request to have it notarized if they so choose.

Like some other states, Virginia only requires the signature of one party to be binding. If the landlord doesn't sign a lease that has been signed by the tenant, accepting rent has the same effect as signing the lease.

The short answer is No a witness does not need to sign But, there are some exceptions and things to consider. Most agreements do not need witnesses to sign them. Most agreements do not even need to be signed by the parties entering into the agreement. Most agreements do not even need to be in writing.

Under Virginia law, when a commercial tenant defaults on a lease agreement for non-payment of rent or breach of a lease obligation, the landlord can move for eviction through the judicial process by filing what is known as an unlawful detainer, then obtaining a writ of execution, and conducting an eviction.

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Virginia Commercial Lease Agreement for Tenant