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.
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.