This office lease form provides warranty that the tenant is a duly qualified corporation and is authorized to do business.
The Washington Tenant Warranty of Authority to Enter into the Lease is a legal provision that outlines the tenant's affirmation and assurance of their power and legitimacy to enter into a lease agreement. This warranty is essential to ensure the landlord's protection, as it verifies that the tenant has the necessary authority to bind themselves to the contractual terms. In Washington, there are two primary types of Tenant Warranty of Authority to Enter into the Lease: 1. Individual Tenant Warranty: This type of warranty is applicable when the lease agreement is entered into by an individual tenant. It asserts that the individual tenant has the legal capacity, age (18 years or older), and mental competency to engage in the lease transaction. By providing this warranty, the individual tenant confirms that they are not acting under duress or coercion. 2. Corporate Tenant Warranty: When a lease agreement is being made on behalf of a corporation or other business entity, the corporate tenant warranty comes into play. In this case, the tenant warrants that they have the authority to bind the business to the lease, usually by being a duly authorized representative or officer of the company. This type of warranty offers protection to the landlord by ensuring that the tenant has the necessary power to commit the corporation to the lease terms. Both types of Tenant Warranty of Authority to Enter into the Lease serve as a safeguard for landlords, providing them with the certainty that the tenant has the legal capacity and authority to execute the lease. Without this warranty, there could be potential disputes and challenges to the validity of the lease agreement. It's crucial for landlords and tenants in Washington to thoroughly understand and abide by the Tenant Warranty of Authority to Enter into the Lease to maintain a legally valid and binding lease agreement. Seeking legal advice and including this warranty clause in the lease document can help protect the rights and interests of both parties.The Washington Tenant Warranty of Authority to Enter into the Lease is a legal provision that outlines the tenant's affirmation and assurance of their power and legitimacy to enter into a lease agreement. This warranty is essential to ensure the landlord's protection, as it verifies that the tenant has the necessary authority to bind themselves to the contractual terms. In Washington, there are two primary types of Tenant Warranty of Authority to Enter into the Lease: 1. Individual Tenant Warranty: This type of warranty is applicable when the lease agreement is entered into by an individual tenant. It asserts that the individual tenant has the legal capacity, age (18 years or older), and mental competency to engage in the lease transaction. By providing this warranty, the individual tenant confirms that they are not acting under duress or coercion. 2. Corporate Tenant Warranty: When a lease agreement is being made on behalf of a corporation or other business entity, the corporate tenant warranty comes into play. In this case, the tenant warrants that they have the authority to bind the business to the lease, usually by being a duly authorized representative or officer of the company. This type of warranty offers protection to the landlord by ensuring that the tenant has the necessary power to commit the corporation to the lease terms. Both types of Tenant Warranty of Authority to Enter into the Lease serve as a safeguard for landlords, providing them with the certainty that the tenant has the legal capacity and authority to execute the lease. Without this warranty, there could be potential disputes and challenges to the validity of the lease agreement. It's crucial for landlords and tenants in Washington to thoroughly understand and abide by the Tenant Warranty of Authority to Enter into the Lease to maintain a legally valid and binding lease agreement. Seeking legal advice and including this warranty clause in the lease document can help protect the rights and interests of both parties.
