A real estate rent lease is a document which outlines the manner in which such a legal agreement is to be set in writing. It mainly focuses on the legal aspects of the real estate rent lease, with the terms and conditions governing the lease being given prominence. Such legal documents must be particularly carefully written since they cannot afford to be erroneous in any way. Errors and inaccuracies can result in legal repercussions and confusions that must be avoided at all costs. A real estate rent lease must be concise and correct, preferable drawn up by a legal expert.
Sample Real Estate Rent Lease:
Lease number: 37467456
The real estate rent lease effected in this document holds good between Mr. John David [henceforth referred to as the lessor] and Miss Samantha Kramer [henceforth referred to as the lessee]. The lessor shall lease a piece of real estate owned by him to the lessee. This said piece of real estate is located in 56 Kensington Avenue, New York and measures around 5000 square feet in area. The price of the real estate by current valuations is 30 million USD.
The said property will be leased to the lessee at a monthly rental of 67,000USD and an initial down payment of 10 million USD. The property can only be used for the purposes of business and on no account can it be used as a residential property or for family occupancy. The real estate rent lease is valid for a period of 3 years and the date of termination of the lease deal is 2nd June 2013.
Signature of lessor: ____________________________________
Signature of lessee: ___________________________________
Date: 2nd June 2010