San Antonio, Texas Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor In San Antonio, Texas, an Affidavit is a legal document used to declare under oath and in writing the specific details of a particular situation. When it comes to leasing agreements, an Affidavit can be used to assert that the primary term of a lease has not been extended by any additional bonus payment made by the lessor. To provide a more comprehensive understanding, let's explore the key aspects relevant to this specific Affidavit: 1. Primary Term of Lease: The primary term of a lease refers to the original period agreed upon between the lessor (the landlord or the property owner) and the lessee (the tenant) for which the lease is valid. This includes the start and end date of the lease agreement. 2. Additional Bonus Payment: In some leasing agreements, the lessor may offer an additional bonus payment to the lessee. This bonus payment is usually provided as an incentive to extend the primary term of the lease beyond its initial duration. 3. Affidavit Purpose: The purpose of the Affidavit stating that the primary term of the lease has not been extended by additional bonus payment is to formally declare, under oath, that despite any bonus payment made by the lessor, the lease agreement's original term remains unchanged. Different Types of San Antonio, Texas Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor: 1. Residential Lease Affidavit: This type of affidavit is used in residential leasing agreements where a tenant may receive a bonus payment from the landlord. The affidavit serves to confirm that the bonus payment does not extend the primary lease term. 2. Commercial Lease Affidavit: Commercial lease agreements, involving businesses or commercial properties, can also utilize this affidavit. If the lessor provides a bonus payment to the lessee, this affidavit can be used to assert that the original primary term of the lease remains intact. 3. Land Lease Affidavit: In the case of land lease agreements, where the landowner may offer an additional bonus payment to the lessee, this affidavit can be utilized to affirm that the primary term of the lease is not extended by such a payment. 4. Industrial Lease Affidavit: Industrial leasing agreements, commonly between a landlord and a business using a property for manufacturing or industrial purposes, can employ this affidavit to clarify that any bonus payment does not alter the primary term of the lease. To conclude, the San Antonio, Texas Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor is a legal document used to declare, under oath, that despite any bonus payment made by the lessor, the original primary term of the lease remains unchanged. This affidavit can be employed in various leasing situations, such as residential, commercial, land, or industrial leases.
San Antonio Texas Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor
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