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The Alabama commercial lease agreement is a form used by a Landlord and Tenant to establish terms and conditions for the business-related use of a property. This commercial lease agreement form is legally binding once both parties sign.
By Type (6)
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Residential Lease Agreement – Standard 1-year lease term. Download: PDF | Word (.docx) |
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Commercial Lease Agreement – Used for retail spaces, office buildings, warehouses, and industrial facilities. Download: PDF | Word (.docx) |
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Month-to-Month Lease Agreement – Tenancy at will with renewals every 30 days. Download: PDF | Word (.docx) |
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Rent to Own Lease Agreement – A lease that includes an option for the tenant to purchase the property. Download: PDF | Word (.docx) |
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Roommate Lease Agreement – Shared living arrangements. A binding contract outlining responsibilities and agreements between co-tenants. Download: PDF | Word (.docx) |
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Sublease Agreement – Used to Sublet unit with landlords approval. Download: PDF | Word (.docx) |
When Does a Commercial Lease Agreement Become Legally Binding?
The Commercial Lease Agreement becomes legally binding when both parties sign the contract and the buyer gets the notice that the seller has accepted the deal. The buyer can get the notice in-person, by phone, and/or email.
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Rental Laws ⚖️
How to Lease Commercial Rental Property?
2 Options:
How to Process Rental Inquiries?
Property owners will know who is seriously interested in renting the Commercial Rental Property by potential Tenants requesting to see the property in person (property showing).
How to Screen Tenants?
There are five ways Landlords can screen potential Tenants to see if they are a good fit for the Commercial Rental Property for Lease:
- Commercial Lease Application
- Copy of Drivers License
- EIN (business)
- Previous two years of business tax returns (IRS Form 8879-S or IRS Form 1120S)
- Previous two years of personal income tax returns (IRS Form 1040).
Screening Services:
Individuals – MySmartMove (TansUnion)
Businesses – Dun & Bradstreet
Definitions
- Commercial Property – Buildings and Land used for profit generation, including office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farmland, warehouses, and garages.
- Commercial Lease/Tenancy – Nonresidential tenancy for property by for-profit entities.