A Kentucky commercial lease agreement is a legal document outlining the terms and conditions for renting commercial property. It establishes a landlord-tenant arrangement so both parties understand their rights and responsibilities. They can also refer to this contract if a dispute arises for a more seamless resolution.
Within this document, landlords include details like the lease term, rent amount, security deposit, renewal options, and subleasing rules. They can adapt it as necessary to let a tenant rent an industrial facility, retail space, office building, or another commercial space.
Kentucky Business Entity Search: A landlord can use this database to ensure a company has the proper license to conduct business in the state.
REQUIREMENTS
Rental Laws: Kentucky Revised Statutes Title 29, Chapter 355.2A.
Consumer Protection Laws: KY Rev. Stat. § 355.2A-104.
Jurisdiction: According to KY Rev. Stat. § 355.2A-106, the jurisdiction should be one
- in which the lessee resides at the time of the agreement (or within thirty days thereafter) or
- in which the goods are to be used.
Any other jurisdictions the parties decide on are not valid.
