U.S. Legal Forms, Inc. http://www.uslegalforms.com Form CO-988LT - 1 - COLORADO COMMERCIAL LEASE This lease agreement is entered into on this the ______ day of ______________________, 20 _____, by and between: _______________________________________________________, (hereinafter called “LESSOR”), whether one or more, and _______________________________________________________, (hereinafter called “LESSEE”), whether one or more. For valuable consideration, the receipt and sufficiency of which is hereby acknowledged, LESSOR and LESSEE do hereby covenant, contract and agree as follows: 1. PREMISES AND TERM: LESSOR, hereby leases to LESSEE for the term commencing on the ________ day of ________________________, 20___ and ending on the ______ day of ___________________,20___, (the “TERM”) the following described premises in its present condition, located in _________________ County, Colorado: ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ (hereinafter called the “PREMISES or LEASED PREMISES”). LESSEE also has a right for the benefit of LESSEE, its employees, agents and invitees for access to and from the Leased Premises through the building and over property of LESSOR adjoining the Leased Premises, and to use those parts of the building designated by LESSOR for use by LESSEE, including but not limited to toilet rooms, elevators and unrestricted parking areas, if any. 2. RENEWAL: LESSEE and LESSOR may agree to extend or renew the lease, with any agreed modifications, in a separate, signed document. 3. RENT: The LESSEE covenants to pay to LESSOR as Rent the sum of ____________________Dollars ($__________) per month, (hereinafter “the Rent”), in advance without demand on or before the first day of each month at the office of the LESSOR. The Rent for the month of _______________, which is the first month of this lease shall be paid in the amount of ________________________ Dollars) ($ ___________), which amount is the prorated rent based upon the date this lease commences. The LESSEE shall pay the Rent when due and payable, without any setoff, deduction or prior demand whatsoever. Any payment by LESSEE or acceptance by LESSOR of a lesser amount than shall be due from LESSEE to LESSOR shall be treated as payment on account. The a
If any portion of the leased premises is included in the rental to a tenant who occupies the same unit, a separate rental agreement shall be entered into for those portions of the leased premises. If the premises are not included in the rental to a tenant, this lease shall be in addition to any other leases between the parties. B. As consideration for the purchase of the property, the lessor shall provide to the lessee a copy of the lease for the property, together with a list of the goods and services to be purchased, to the cost of lessors. The lessee shall pay for the cost of the items on a cash basis without any discount or reservation whatsoever. C. Upon termination of the lessor's legal ownership and use of the property or upon expiration of the lease, the lessee shall return to lessor all and any property of the lessor, including but not limited to fixtures and furniture. D. The lessor shall not be responsible for any damages, losses, expenses or other losses caused by the lessee or third parties as a result of the actions of lessee, lessors or otherwise related to the lease or by the lessee, its employees, agents and invitees, unless otherwise agreed by the parties. E. This lease shall not be valid unless the parties agree in writing that this lease shall be treated differently from all prior agreements relating to the same property held by the parties. [in some instances a lessor may provide the lessee with additional protections, like the following example, in lieu of the above language.] Residential rental co-signatory lessee is the principal party to this lease. [in this case, the lessor is not a party to the lease.] [in this case, the lessee is a co-signatory in the same way that a bank is a co-signatory in a mortgage.] in addition to the foregoing limitations of liability and warranty of fitness, the warranty of quiet enjoyment by the lessee does not extend to the lessor's reasonable use of, or use of part of the leased premises for business purposes while the lease is in effect. The lessor's obligation to make reasonable repairs and maintenance does not extend to the leased premises, except for the lessor's use of the premises for the same purposes. [in all cases, the lessee may take the lessor to small claims court for breach of the warranty of quiet enjoyment.] [the lessor may choose to defend the warranty by entering a counterclaim.] [
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Form CO 988LT is a specific tax form required for certain tax filings in Colorado. This form is crucial for businesses needing to report specific financial information to the state. Understanding its requirements can help ensure compliance and avoid penalties.
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