Industrial Lease Agreement South Africa
It is recommended that tenants get legal advice before signing a commercial lease, most often written in favor of the owner. Even if the tenant is not able to negotiate the "standard terms" of the lessor, he should be informed of the unilateral provisions of the lease agreement. This lease is intended for the rental of part of a multi-leased building for office or business purposes. The building could be a modern office building or offices on retail space. Features: warranty; determination of the break; rent verification options; draft agreement on a security bond; allocation options; No subletting. ☐ Owner agrees that, during the term of this Contract, the Tenant has the right to store personal property in the _____ The landlord is not responsible for the loss, theft or deterioration of items stored by the tenant. H) Hold. If, at the end of the initial rental period or a renewal period, the tenant remains in possession of the premises that were cleared at the end of the initial rental period or without the execution of a new rental contract, he is considered a tenant from one month to the next, subject to all conditions, provisions and obligations of this contract: to the extent that they apply to a monthly rental agreement, unless the basic rent ____. .