This lease is valid for a bar or restaurant with an apartment. The premises can be located in an urban storefront, a self-contained site or in the country. 21.01. If the tenant remains in possession of the rental premises after the expiry of the tenancy agreement established here and without the execution of a new tenancy agreement, the tenant is considered a month-to-month tenant at one hundred and fifty percent (150%) the basic rent for the last year of the term tenancy, subject to all other conditions, provisions and obligations of the tenancy agreement, as long as this applies to the monthly tenancy agreement. Facility Event Event Space Rental Agreement – An agreement to rent an event. This lease is intended for a restaurant tenant who rents premises suitable for the construction of a new restaurant. The tenant must receive construction assistance based on the number of square metres on the premises. This product contains a long construction exhibit as well as exhibits to ensure the rental contract, signage criteria, a tenant certificate that confirms the details of the tenant`s possession after he has occupied the premises, as well as retail rules and regulations. Personal guarantee – If the tenant`s business is not credible, then the landlord should consider that the tenant signs a personal guarantee linking the owner of the company to the rental agreement. Therefore, if the tenant is caught in default, the person`s liability would be incurred, not just the case.
Gross rent – The tenant only pays the monthly amount written in his tenancy agreement. The owner pays property taxes, insurance and support on the land. Be sure to write down all decisions as who is responsible for reparations, as the courts have a harder time enforcing oral agreements. Learn more about what they can do” When good rentals are bad. In addition, there may be other parts of the lease, apart from the monthly rent that the parties wish to negotiate, such as: 19.01 SUBORDINATION OF LEASE TO LANDLORD`S LENDERS. The tenant accepts that this rent and the tenant`s estate created there may be subject to and subordinated to the right to guarantee mortgages, mortgages, positions of trust or similar charges that are placed below on the rental premises. Notwithstanding the provisions of this lease agreement, if the holder of a mortgage or proof of trust, if he decides that the lease agreement is superior to his mortgage or proof of trust, the lease agreement, if the tenant has notified such an holder, applies before the privilege of that mortgage or the proof of the trust , whether this tenancy is accepted before or after the date of the mortgage or withholding; however, provided that neither the owner of the office nor any natural organization or organization claimed by that holder or the owner is permitted to disturb, cease or disturb the tenant`s silent ownership of the premises, as long as the tenant respects and fulfills the tenant`s obligations under this agreement.