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Agreement to Lease to Tenant in Future Shopping Center

Pima Arizona Agreement to Lease to Tenant in Future Shopping Center

Name: Pima Arizona Agreement to Lease to Tenant in Future Shopping Center
Brand: US Legal Forms
Rating: 4.79 (337 reviews)

Category:

Landlord Tenant - Commercial Leases - Shopping Centers

State:

Multi-State

County:

Pima

Control #:

US-02412BG

Format:

Instant download

Description

Agreement to Lease to Tenant in Future Shopping Center

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How to fill out Pima Arizona Agreement To Lease To Tenant In Future Shopping Center?

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FAQ

Percentage leases are most commonly used for retail properties (especially malls). In a percentage lease, tenants pay a base rent plus a portion of the gross sales they make from conducting business in the building.

Triple Net Lease: It is one of the most common lease types.

Generally, Arizona courts have strictly construed options in lease agreements because such provisions allow the optionee freedom to exercise or not exercise the option, whereas the optionor is bound by the option.

As a general rule, the answer is yes. Under the Arizona Residential Landlord and Tenant Act, a verbal rental agreement concerning the use and occupancy of a dwelling unit is just as enforceable as a written rental agreement (or lease) is (A.R.S. 33-1310(13)).

And, how the most common retail leases are structured: Single net lease. A single net lease, or net lease, is an arrangement where the tenant pay for utilities and property taxes. You as the landlord must pay for routine maintenance, any necessary repairs, along with insurance.

A lease option allows the landlord to retain the legal title of the lease option property, without the mundane management responsibilities. Lease options are also an ideal way of securing long term tenants. Most lease-options are for an average term of between 7 and 10 years. They could be longer or shorter.

1. Single Net Lease. A net lease is perhaps the most common form of commercial lease agreement. With a net lease, the tenant is responsible for a base rent payment, plus additional expenses associated with the property.

How long is a typical commercial lease? Commercial leases are typically three to five years. That guarantees enough rental income for the landlords to recoup their investment.

MONTH-TO-MONTH RENTAL AGREEMENTS A.R.S. § 33-1314(D). To terminate a month-to-month rental agreement, a landlord or a tenant must give 30 days notice in writing before the next rent payment would normally be due.

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PITTSBURGH (AP) Mike Tomlin isn't into drawing conclusions on anything in the middle of the spring. PITTSBURGH (AP) Mike Tomlin isn't into drawing conclusions on anything in the middle of the spring.

Pima Arizona Agreement to Lease to Tenant in Future Shopping Center

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FAQ

Which lease is most commonly used for retail properties?

What is the most common type of lease?

Are lease options legal in Arizona?

Is a verbal lease agreement binding in Arizona?

What is the most common lease for retail property?

Are lease option agreements legal?

What is the most common commercial lease?

How long are most retail leases?

How much notice is required to terminate a month-to-month lease in Arizona?

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