What are the legal obligations of tenants in a commercial real estate lease?
Tenants in a commercial real estate lease in Florida have several legal obligations. The tenant is required to pay rent in full and on time, even if the property or location of the business does not meet their expectations. Additionally, tenants are obligated to pay their own utilities and any associated costs for repairs and maintenance. Tenants must also keep the property in good condition, and are not allowed to make any changes to the building without prior approval from the landlord. Tenants must also follow all local, state, and federal laws, and must obtain any necessary licenses or permits for their business. Furthermore, they must respect their landlord’s right to enter the property for periodic inspections. They must also refrain from any illegal activity on the property, such as selling illegal drugs. Lastly, tenants must abide by the terms of the commercial real estate lease, such as any restrictions on subleasing, pet ownership, or noise levels. If the tenant does not abide by these terms, they can be evicted and face other penalties, such as loss of security deposits or court costs.
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