Memphis Tennessee Lease Agreement with a Community Church

State:
Multi-State
City:
Memphis
Control #:
US-04527BG
Format:
Word; 
Rich Text
Instant download

Description

Your first order of business is to negotiate the term, or duration, of the lease and the rent you will pay, which is usually figured per square foot. Leases typically include an option to renew at the end of the term, at either a specified rental rate or “prevailing market conditions.”

Small-business advisers generally recommend the shortest term possible. The advantages of a short-term lease are clear: Your church won’t be trapped in a space if things don’t go well — or go so well that the church needs more space. The disadvantage is that landlords are less likely to grant concessions to tenants that won’t promise to stay for, say, five years.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

Trusted and secure by over 3 million people of the world’s leading companies

Memphis Tennessee Lease Agreement with a Community Church