A business tenancy agreement is a legitimate binding between the owner and the interested entrepreneur or an organization, in which both the parties approve the tenant agreement terms to rent some office building or space.
Sample Business Tenancy Agreement:
Business tenancy agreement Number: 750/ BTA
Date: January 29th, 2011
This business tenancy agreement is commenced and entered between:
Details of the property owner:
Name: Mr. Jury Hudson
Phone Number: 3590 599 2239
Hereinafter referred as the owner party
Details of Entrepreneur:
Name: Tina Timberlake
Contact number: 8939 586 2949
Hereinafter referred as the tenant party
Whereas, the tenant is interested in leasing the office space from the owner party by committing the mentioned agreement terms and the owner party is willing to rent its property.
This agreement is effective from January 30th, 2011 and is ending on 30th January 2012.
Term & conditions:
The tenant will pay a fixed amount of $4500 to the owner party on the 7th of every month for a year and will receive a receipt for the same.
The owner party is allowing the tenant party to use the office space only for the commercial purpose.
Any change to this agreement will be happened with the consent of both the parties.
Monetary issues and disputes may result into the cancellation of this agreement.
Acceptance of the business tenant agreement:
Sign of the Owner Party: Sings of the tenant party: