Sentences with phrase «tenants agree to the new terms»
Or, you can create a new Lease Agreement with altered terms and require the tenants agree to the new terms to continue as renters.
https://www.rocketlawyer.com/ Not exact matches
The tenant served notice that it wished to exercise the option to renew in time but failed in negotiations to agree to the new rental rate at least 9 months before the end of the original term as required in the lease.
The primer advises retail tenants to agree to longer - term leases — a measure landlords are sure to love — since staying in the same location both cuts the financial and environmental costs of new store build - outs and might make landlords more amenable to instituting energy efficiency features to hold on to longer - term tenants.
Real estate investors are most interested in sale / leaseback transactions, whereby, the seller becomes a tenant to a new landlord agreeing to a long - term lease at market rates, as was the case with Hackensack, Crystal Run, and CHP.
While I agree a long term tenant that pays on time and takes care of the place are invaluable you need to remember if this guy stays 3 - 4 years the value add of the new carpet will be marginable at best.