Queens New York Tenancy Agreement between Sunnoon Development Limited and Orient Packaging Limited

• Category: Corporations - Public
• State: Multi-State
• County: Queens
• Control #: US-EG-9297
• Format: Word; Rich Text

Description

Tenancy Agreement between Sunnoon Development Limited and Orient Packaging Limited regarding leased premises and term dated 00/99. 31 pages. Queens, New York Tenancy Agreement: A tenancy agreement is a legally binding document that outlines the rights and responsibilities of both the landlord, Sun noon Development Limited, and the tenant, Orient Packaging Limited, in Queens, New York. It serves as a crucial framework for the rental relationship between the two parties. The specific terms and conditions of the agreement may vary, but typically include the following key aspects: 1. Lease Duration: The agreement specifies the duration of the lease, such as a fixed term (e.g., one year) or a month-to-month agreement. Different types of tenancy agreements may be available, including short-term or long-term leases, depending on the tenant's needs and the landlord's policies. 2. Rent and Deposit: The agreement outlines the amount of rent to be paid by Orient Packaging Limited to Sun noon Development Limited, including the due date, acceptable payment methods, and any penalties for late payments. It also states the security deposit amount, which is held by the landlord as protection against potential damages. 3. Maintenance and Repairs: The agreement defines the responsibilities of both parties regarding property maintenance and repairs. It typically outlines the landlord's obligations to maintain a habitable and safe living environment and the tenant's duty to promptly report any damages or issues. This section may also indicate the procedures for requesting repairs and who bears the cost. 4. Utilities and Other Expenses: The agreement details which utilities, such as water, heat, electricity, internet, cable TV, are included in the rent and which will be the tenant's responsibility. It may also specify any additional fees or charges, such as parking fees or late payment penalties. 5. Occupancy and Subletting: The agreement establishes who is allowed to reside in the rental unit, whether it is limited to Orient Packaging Limited or if other employees or subtenants are permitted. It may outline conditions and restrictions related to subletting or assigning the lease to others. 6. Termination of Lease: The agreement specifies the conditions under which either party can terminate the tenancy, such as expiration of the lease term, mutual agreement, or violation of the terms. It may also outline the notice period required by both parties before terminating the lease. It is essential for both Sun noon Development Limited and Orient Packaging Limited to thoroughly review and understand the tenancy agreement before signing. Different types of tenancy agreements may exist, such as residential or commercial leases, with slight variations in clauses to suit the specific property and tenancy type. It is recommended to consult legal professionals to ensure compliance with local laws and regulations while drafting or entering into these agreements.

Queens, New York Tenancy Agreement: A tenancy agreement is a legally binding document that outlines the rights and responsibilities of both the landlord, Sun noon Development Limited, and the tenant, Orient Packaging Limited, in Queens, New York. It serves as a crucial framework for the rental relationship between the two parties. The specific terms and conditions of the agreement may vary, but typically include the following key aspects: 1. Lease Duration: The agreement specifies the duration of the lease, such as a fixed term (e.g., one year) or a month-to-month agreement. Different types of tenancy agreements may be available, including short-term or long-term leases, depending on the tenant's needs and the landlord's policies. 2. Rent and Deposit: The agreement outlines the amount of rent to be paid by Orient Packaging Limited to Sun noon Development Limited, including the due date, acceptable payment methods, and any penalties for late payments. It also states the security deposit amount, which is held by the landlord as protection against potential damages. 3. Maintenance and Repairs: The agreement defines the responsibilities of both parties regarding property maintenance and repairs. It typically outlines the landlord's obligations to maintain a habitable and safe living environment and the tenant's duty to promptly report any damages or issues. This section may also indicate the procedures for requesting repairs and who bears the cost. 4. Utilities and Other Expenses: The agreement details which utilities, such as water, heat, electricity, internet, cable TV, are included in the rent and which will be the tenant's responsibility. It may also specify any additional fees or charges, such as parking fees or late payment penalties. 5. Occupancy and Subletting: The agreement establishes who is allowed to reside in the rental unit, whether it is limited to Orient Packaging Limited or if other employees or subtenants are permitted. It may outline conditions and restrictions related to subletting or assigning the lease to others. 6. Termination of Lease: The agreement specifies the conditions under which either party can terminate the tenancy, such as expiration of the lease term, mutual agreement, or violation of the terms. It may also outline the notice period required by both parties before terminating the lease. It is essential for both Sun noon Development Limited and Orient Packaging Limited to thoroughly review and understand the tenancy agreement before signing. Different types of tenancy agreements may exist, such as residential or commercial leases, with slight variations in clauses to suit the specific property and tenancy type. It is recommended to consult legal professionals to ensure compliance with local laws and regulations while drafting or entering into these agreements.