If your commercial land is located near a water source managed by the Texas Water Code, you should consider a water fluoridation disclosure notice. Water sources maintained under the Texas water code are generally made up of human reservoirs or lakes that hold 5,000 feet or more of water. A communication on the disclosure of water fluctuations would inform tenants of the potential for flood or water damage. It would also indicate the body of the water as well as its proximity to the property. If tenants have to share certain areas, it is also important to define the common space factor. The common surface factor is used to determine how much each commercial tenant will pay for the maintenance of the land that each uses in the building. In most commercial buildings, this is between 6 and 8%, which would be expressed as 1.06 or 1.08. In the Rental Conditions section, you must also include information about termination. Please indicate specific termination conditions or penalties for early termination. Talk about what happens when the tenant sells the business to another party. Will you allow the new owner to automatically take over the lease, or do you have to accept a brand new contract from that person? When renting a commercial building built before 1973, the Environmental Protection Agency (EPA) asks owners to present a leadbased Disclosure form.

This form is provided by the EPO on its official website and cannot be changed. Make sure that each tenant who signs the rental agreement receives a personal copy and provides an additional copy for the company`s official registrations. The exact due date of the rent is not indicated in the TX Act. Therefore, the rent due date should be clearly defined in the written tenancy agreement. A lessor must give an additional one (1) day to a tenant in accordance with the provisions of Section 92.019. This means that a landlord can only collect late fees after the rent of at least one (1) day has not been paid. Subletting contract – a form used to introduce a secondary tenant into an already rented apartment – so that the original tenant can be legally evacuated. The original tenant remains responsible for the confiscation of rental property by the new tenant as well as the guarantee that the property remains free of any damage. These are all very important issues that you should look at carefully. Make sure that the specific answers to these questions are clearly formulated, so that there is no room for confusion. Improvement issues are one of the main causes of commercial real estate litigation and often lead to legal action. As a result, your section on improvements and renovations can be several paragraphs or even pages.

Bill of Sale Form Texas Commercial Rental Contract Form Sale Form Sales Bill Sales Form Commercial Lease Texas Form Thu, 06 Apr 2017 12:40:00 GMT sales bill filling out the sale form texas… A commercial real estate lease can have devastating financial consequences for both parties. As such, it is usually something that is poured very carefully, and can even be verified by both sides avocado. The Texas commercial lease is a legal document that is designed as a housing contract and which, in many cases, must be negotiated as soon as all negotiations have been concluded, the document was designed and State of Texas General Land Office application for use of leased surface land land (sl) – land application / official name of the individual company, company, partnership or name of the trust authorized agent for the use of the file …