Land lease agreement word is formulated using the templates available in Microsoft word as it is cost effective option and is user friendly. Land lease is common among tenants and landlords due to advantages for both parties when commercial land is leasing out. Less development costs are incurred by tenants.
Format of land lease agreement word:
- Security deposit
- Use of premises
- Termination on default of occupant
- Right of inspection
- Occupancy application
- Contract for services
Usually amount is paid by lesser as security deposit when taking the land on lease is mentioned in land agreement which should be returnable after the agreement period. However in case of fire or any sort of damage suffered by land the amount deducted is also mentioned in the word agreement giving security to both parties.