DAMAGE TO LEASED PREMISES. In the event that the building in which the premises are located is destroyed or damaged by a fire or other victim that is not attributable to the tenant`s intentional negligence and excludes or interferes with the tenant`s occupation of the premises; under each of these conditions, the rent set is reduced or adjusted to the extent that the rented premises have been rendered unusable and authorized by the tenant until the premises paid are restored at the owner`s expense, at least at the level of value and to the extent possible in the condition of the premises located immediately before the damage. However, it is understood that in the event of a complete or substantial destruction of the premises, the obligation for the lessor to repair, repair or rebuild the damage cannot in any case exceed the sum of the insurance revenue available for reconstruction. In addition, there may be other parts of the rental agreement, apart from the monthly rent that the parties might want to negotiate, such as: Estoppel Certificate – Can be requested by the lessor after the lease to certify that there is a lease between the tenant and the landlord. USE OF LEASED PREMISES. The landlord leases the space to the tenant and the tenant agrees to rent the premises exclusively for the purpose of operating the above restaurant. The tenant cannot sell or serve alcoholic beverages in the restaurant without the required liquor license, unless they are authorized for the sale of beer or wine. Any change in the use or purpose of the premises, which is not described above, is only made with the prior written consent of the lessor. A restaurant rental contract is used when an individual or establishment is interested in renting a premises for the operation of its restaurants, cafes, ice cream parlors or other catering establishments.
A tenancy agreement is an essential document that describes the responsibility of the landlord and tenant. It also offers monthly rent, which is responsible for utilities, and other unique features for catering. The lessor reserves the right to rent this rent and/or any person granted as collateral for the payment of a mortgage, a trust loan return or some other type of financing or refinancing, without notice or approval from the tenant.