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All Questions Commercial Leases How do I draft a lease agreement?
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How do I draft a lease agreement?

Answer

When drafting a lease agreement, clarity and comprehensiveness are key. Begin by specifying the property details and the identity of both the landlord and tenant. Clearly outline the lease duration, rent amount, due dates, and any penalties for late payments. Address responsibilities regarding maintenance, repairs, and utilities. Include stipulations about security deposits, renewal options, and grounds for termination. Depending on the property, there might be rules or regulations the tenant must adhere to, which should be clearly stated. Ensure your lease complies with state-specific tenancy laws. Our team can offer legal expertise to ensure your lease agreement is comprehensive and adheres to all regulations.

Alex is Sprintlaw’s co-founder and principal lawyer. Alex previously worked at a top-tier firm as a lawyer specialising in technology and media contracts, and founded a digital agency which he sold in 2015.

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