commercial rental agreement Archives - Netsheria https://netsheria.com/product-tag/commercial-rental-agreement/ Thu, 18 Jul 2024 12:28:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://netsheria.com/wp-content/uploads/2023/11/cropped-Netsheria-Logo-Final-Version.mobile-1-32x32.png commercial rental agreement Archives - Netsheria https://netsheria.com/product-tag/commercial-rental-agreement/ 32 32 Sale Agreement – Private Treaty https://netsheria.com/legal-documents/sale-agreement-private-treaty/ Tue, 23 Jan 2024 09:38:23 +0000 https://designone.netsheria.com/?post_type=product&p=11953 A Sale Agreement – Private Treaty is a legally binding contract between a seller and a buyer, where the terms of the sale of a property are agreed upon privately, without the property being offered at public auction.
This sale agreement outlines the specifics of the property in question, including its location, boundaries, and any fixtures or fittings which are to be included in the sale. It also details the responsibilities of each party ( the buyer and the seller ), such as the seller's obligation to provide a clear title and the buyer's obligation to pay the agreed-upon price.

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]]> The agreement will state the purchase price, the deposit amount, and the timeline for payment, as well as any conditions precedent that must be fulfilled before the sale can be completed, such as obtaining financing or passing inspections. It is essential that both parties fully understand and agree to the terms set out in the Sale Agreement – Private Treaty, as it forms the basis of the legal transfer of property ownership. Once signed, it commits both the buyer and the seller to the transaction, with legal recourse available should either party fail to fulfill their obligations as stipulated in the agreement.

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]]> Agricultural lease between two individuals Pro Lessor https://netsheria.com/legal-documents/agricultural-lease-between-two-individuals-pro-lessor/ Tue, 23 Jan 2024 09:37:57 +0000 https://designone.netsheria.com/?post_type=product&p=11929 A lease agreement of land for agricultural purposes is an agreement between two parties where the lessor sublets its property to a lessee for purposes of farming for a short term period (two years or less).

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]]> Some of the key elements that are addressed in this lease agreement of agricultural land include; the name and the details of the parties that are subject to the lease agreement, the registration details (title number and other pertinent information) of the agricultural land subject to the lease agreement, the date of entering the lease agreement, the rent and deposit to be paid upon the execution of the lease, the payment details of the sum of money payable in the lease, the law governing the lease the provisos of the lease agreement, the lessor’s covenant, the lessee’s covenant, the dispute resolution process of settling any dispute which arises from the lease, and certificates of attestation of execution of the lease agreement.

This is a lease agreement under the Kenyan land law regime and it provides a good guide on what a lease agreement for agricultural purposes should look like. Additionally, it has explanatory notes on what to do when you are acting for the lessor who is subject to the agreement.

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