Standard Commercial Lease Agreement Washington State

The tenant represents that the tenant has not been shown by a real estate agent or a broker the premises and that the tenant has not engaged in any other activity, any activity that could form the basis of a right to the real estate commission, brokerage fees, research fees or similar tax, in connection with that rent. The tenant must pay all costs of water, sanitation, gas, electricity, telephone and other services and services that the tenant uses during the term of the tenancy, unless the landlord has expressly agreed otherwise. In the event that a supply or service company made available to rental properties is not accounted for separately, the lessor must pay the amount owed and charge the tenant separately for the proportional share of the costs. The tenant must pay these amounts within fifteen (15) days after the billing. Tenants recognize that rental space is designed to end standard electrical installations and standard office lighting. The tenant must not use appliances or appliances that consume excessive electrical energy or that, in the owner`s reasonable opinion, may overload the wiring or affect electrical services to other tenants. The Washington State Landlord Tenants Act (Washington RCW No. 59) describes the obligations of the landlord and tenant in the event of a lease. Fair housing is mandatory in Washington, D.C., where tenants are protected from discrimination and prejudice by government fair housing laws. With a gross lease, a tenant can pay a fixed rent – only the basic rent. The net tenancy agreement means that the tenant pays the basic rent as well as property costs such as taxes, insurance and joint maintenance of the land.

As part of net leasing, there are net single, double and triple leases. The net triple rental is the most common and is preferred by the owners, since the tenant pays all the costs mentioned above, as well as the utility and service fees. C. Tenants and landlords charge a policy or policy after B.C. for the respective general liability insurance for the respective activities of each building with premiums paid in full at maturity and paid by an insurance company approved by the lessor and are mandatory for this insurance in order to ensure minimum protection of at least 1,000,000 USD with a single personal injury coverage. , property damage or combination. The landlord is listed as an additional insured in the rental policy or in general liability insurance, and the tenant provides the lessor with up-to-date insurance certificates guaranteeing compliance with this paragraph by the tenant. The tenant receives the consent of the tenant insurers to inform the landlord that a policy must expire at least (10) days before. The landlord is not required to maintain insurance against theft in the rental premises or in the building. Can you sublet the disk space and assign the lease to a third party if you have to sell your business, move to a larger space or for some other reason? The sublease option should be open, especially when setting up a long-term lease.

Note that the rental conditions are also distinguished by their length. You can have a long-term or short-term lease. The short-term lease, although favorable to small businesses can only work well for you if it comes with a renewal option. On the other hand, the long-term lease works well if you run a well-established business. This section of the lease describes the details of the rental price, what a tenant pays and what is not. The rent to be paid depends on the type of rental agreement you choose. The lease agreement should define the location of the site and give an accurate description of its characteristics and size. The description should also include the state of the space and its general use. Existing facilities and existing damage must be documented. You can take pictures of the room.