State Of Alabama Commercial Lease Agreement

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    A potential tenant completes a written lease application, gives written permission for a credit/fund check, pays the substantive review fee, and the lessor processes the application to see if the tenant is qualified. There are four basic steps to establishing a commercial lease, namely, (1) the application of leasing; (2) negotiations; 3) prepare the lease and; 4) Signing of the lease, deposit / rent and withdrawal. The lessor shall pay before late payment all general property taxes and special tax payments due during the term of the lease in the leased premises, as well as all personal taxes relating to the lessor`s personal property, if any, in the leased premises. The tenant is responsible for paying all personal taxes on the tenant`s property in the rented premises.