Your lease is the cornerstone of the relationship between you and your tenant. It is essential that you understand your lease and make it aware of changes to the law. Unfortunately, avocados are expensive and supermarket rental contracts are completely obsolete. Can you really afford to rent real estate without this leasing package? IMPORTANT WARNING: Vertex42.com is not a law firm and does not offer legal advice or representation. The layout of the rental agreement, instructions and related information (“Legal Information”) contained therein may not be appropriate for your specific situation, may not be suitable for use in some jurisdictions and should be reviewed and, if necessary, amended by a licensed attorney before being used as the most appropriate legal agreement. Vertex42 makes no warranties or guarantees regarding legal information and your use of legal information is solely at your own risk. By using the Legal Information, you release Vertex42 from any claim, loss or damage resulting from such use, and you agree that Vertex42`s liability, if any, shall be limited in accordance with the Terms of Use. This lease was established by Vertex42.com and Utah real estate attorney Dean Smith. We have tried to keep the template as simple as possible, and we have given below some instructions on how to use the template. However, you should always have the agreement verified by a lawyer before giving it to a tenant`s signature. A tenant has the RIGHT to terminate a lease, whether in the first month, 4th month or penultimate month of the lease. He cannot be “punished” for this and termination does not constitute a breach of the lease.

The package includes more than 22 documents, including CPA-compliant and non-CPA-compliant rental contracts (for tenants excluded from the provisions of the Consumer Protection Act), rental application forms, guarantees, decisions, mandates, communications (e.g.B. notifications of cancellation, cancellation and termination), inspection documents and more. Renting commercial space is a big responsibility – the success or failure of a business can lead to certain lease conditions. Make sure you clearly understand all the terms of the lease and explain them to your tenant. Do you have documentation that complies with the law? Do you have access to the right supplements for each lease? Add the names of the landlords and tenants (if there are two or more tenants, enter the names of each of them) and let each person sign and date the agreement. It is important to keep in mind that all penalty calculations can only be done once a replacement tenant has been found. It should also be noted that if, for example, a tenant terminates a 12-month lease agreement at month 10 or 11 months, you cannot charge the tenant for the rest of the lease, as this would ne nege termination. The principles behind annulment penalties are in our law of unjustified enrichment. A landlord/agent cannot derive any profit or financial benefit from a tenant`s termination. If Covenants, Conditions and Restrictions (CC&Rs), HOA agreements or other similar instruments are submitted, copies of these documents must be shared with the tenant prior to the signing of the lease by the parties.

If the house was built before 1978, the lead-based paint and brochure (available under www.epa.gov) should be given to the tenant before the parties sign the lease. If the house was built in 1978 or later, the second paragraph of Article 6 may be deleted from the rental agreement. If the owner owns personal property (furniture, appliances, decorations, etc.) that is on the site and is available for the tenant`s use, the lessor must keep a record of this personal property, so that there is no question as to the expiry date of the term. These elements may appear in the space provided in this section or appear in a separate document annexed to the lease in Annex A. .