Commercial
and Industrial Properties
Notes
for Prospective Tenants
Pre-Leasing
Requirements
| Property
Manager |
Santoli
Realty, Inc. 4395 S. Cameron Street, Ste. C Las Vegas, Nevada 89103 Telephone: (702) 871-0816 Fax: (702) 871-1487 Benjamin
Santoli Sr., Owner |
| Due at Lease Signing | 1.
First Month's Rent 2. One Month's Refundable Security Deposit 3. Copy of Certificate of Business Liability Insurance naming Landlord and Santoli Realty Inc. as additional insured. |
| Base Rent | Rent is due monthly on the 1st day of each calendar month. Rent must be paid in full each month and must be paid by Company Check, Cashiers Check, Money Order or Cash. No partial Rents allowed. Rent checks must be made payable to the Landlord and sent or dropped off at the Property Manager's Office noted above. |
| Security Deposit | The Security Deposit must be paid to Landlord by Company Check, Cashiers Check, Money Order or Cash and sent or dropped off at the Property Manager's Office noted above. The Deposit is equal to One month's rent and is payable before Tenancy can commence and returnable after termination. It is held as security against dilapidations and at no time can it be used in payment of rent. No partial security deposits allowed. |
| Certificate
of Business Liability Insurance |
The Certificate of Business Liability must be in the amount of no less than 1 Million Dollars naming Landlord AND Santoli Realty, Inc. as Additionally Insured and Certficiate Holder. The Certificate must be sent or dropped off at the Property Manager's Office prior to occupancy of Lease Premises. Tenant must insure that a current Certificate of Business Liability is sent annually to the Property Manager's Office. The name on Insurance Policy must match name on Lease. Tenant must insure that Landlord receives updated Certificates throughout the lease term and occupancy of the lease premises. |
| Late Fees | Any rent overdue by 10 days or more will be subject to an 10% Late Charge and will be added to the base rental amount. If rent is not received in the Property Manager's Office's by 5:00pm on the 10th day of each month, a 10% late charge is added in addition to the rental amount due. |
| 5-Day Pay or Quit | If rent is not received in the Property Manager's Office by 5:00pm on the 10th day of the month that it is due, a "5-Day Pay or Quit" legal notice is served on the Tenant at the Lease Premises. Tenant is responsible for reimbursing Landlord the cost of this notice. The 5-Day Pay or Quit Notice fee is $35.00 and is due and payable along with the rent and late fees due for the current month it is due. |
| Eviction | If, after 5 business days from the day the 5-Day Pay or Quit Notice has been served to Tenant, if Tenant fails to pay the rent and additional amounts due, an Order of Summary of Eviction will be filed with the County Clerk's Office and the Tenant will be Evicted and locked out from the Lease Premises via the County Constable's Office. |
| Unit Keys | Tenant will be given one set of keys to the unit on or after lease signing, once Landlord has obtain the first month's rent, Security Deposit and Certficiate of Business Liability insurance. Tenant, at Tenant's cost, has the option to rekey the unit locks at any time during the lease term. However, Tenant, at Tenant's cost, is responsible for re-keying the unit locks back to the Landlord's original master key system prior to vacating. If Tenant fails to comply, deduction of the appropriate amount from the Security Deposit for the re-key will result. |
| Walk Through | Landlord will complete a move-in walk through inspection of the unit only upon new Tenant's request. The new Tenant has the option to being present during the walk through process. Landlord will complete a vacating walk through inspection of the unit upon Tenant's vacating of the unit and supply written results to the Tenant within 30 days after Tenant's vacating of the unit. |
| Utilities | On Modified Gross Leases, Landlord is responsible for all CAM charges except Tenant's Telephone, Cable, Natural Gas, Electricity/Power, unit interior Pest Control, High Speed Data Service and Alarm Service, of which Tenant is responsible. On Triple Net Leases, Tenant is responsibly for all utilities and CAM charges. |
| Services provided by Landlord |
The following services are provided by the Landlord on select leases and select properties only. Weekly landscaping, maintenance and servicing of heating, ventaliation & air conditioning (office) and evaporated swamp coolers (warehouse), sweeping of property parking lot, exterior property pest control spraying, garbage/trash removal (regular office garbage only), water, sanitation/sewer, and exterior security cameras (at select properties). |
| Services Landlord does NOT Provide |
Landlord does not provide nor is responsible for proving High Speed Data or Internet service to Tenant or Tenant’s unit. Cost for this service is at Tenant’s sole cost. If Tenant wants this service, Tenant must contact a telephone or cable company to determine if service is available. If Tenant contracts with a company providing rooftop telecommunications (i.e. DISH), Tenant and Tenant’s company must obtain written approval from Landlord prior to any installation on the property. |
| Other Items Landlord does NOT Provide | Landlord does not provide for blinds for the unit. Installation of blinds are optional and at Tenant’s sole cost. Paper blinds are not allowed in the unit at any time. |
| Unit Locks / Rekeying | Landlord rekeys the unit locks after each Tenant has occupied and vacated the unit. Landlord has keyed the unit locks to Landlord’s Master Key System (if the property has a Landlord Master Key System) to provide access for emergency purposes only. Tenant has the option to re-key the unit locks at any time during the lease term. However, if the locks are re-keyed off of Landlord’s Master Key System, then at the end of the lease term, the cost of re-keying the unit locks back onto Landlord’s Master Key System’s will be at Tenant’s cost and deducted from Tenant’s Security Deposit. |
| Animals / Pets |
Pets
and animals are not allowed on the property except for seeing eye dogs
for visually impaired individuals and hearing dogs for
hearing impaired individuals. Feeding and providing
shelter
for birds (including pigeons) and stray animals is prohibited on the
property. |
| Alleyways | The alleyway areas on the property and behind building is for 20 minute Loading and Unloading only. Any vehicle parking in the alleyway for extended periods is not allowed and subject to an immediate tow at Owner’s expense. Alleyway must be clear and free of debris at all times. No overnight parking in rear driveway or alleyways. |
| Trash and Pallets | Green Dumpsters are provided on the complex for Regular Office Garbage only. White Recyclable Dumpsters are provided on the complex for Paper and broken down Cardboard only. Pallets are NOT allowed to be disposed of in the complex dumpsters, dumpster enclosures nor left outside on the Lease Premises at any time. Dumping of Construction materials and oversize trash is NOT allowed in any of the property Dumpsters. Tenant must dispose of Construction materials and oversize trash offsite and at Tenant’s sole cost. |
| Parking | Tenant shall use no more than the assigned amount of parking spaces noted in the lease. Parking, for any extended time, directly in front (alongside) of the unit storefront glass is not allowed except during an emergency. Parking in the Handicapped/Disabled parking stall is prohibited without a current special Handicapped/Disabled license plate, temporary parking sticker or placard displaying the international symbol of access issued by the United States or any foreign country. All alley areas are for 20 minute Loading and Unloading Only. Any vehicle including but not limited to; Campers, Motorcycles, Trucks, Semi’s, Buses, Recreational Vehicles, Commercials Vehicles, Boats or Trailers parking in the alley areas for extended periods is not allowed and subject to an immediate tow at Owner’s expense. Storage of vehicles including but not limited to; Campers, Motorcycles, Trucks, Semi’s, Buses, Recreational Vehicles, Commercials Vehicles, Boats or Trailers is not allowed on the property. |
| Vehicles | Any automotive repair, detailing and/or washing of vehicles is prohibited on the property. Abandoned, dismantled or wrecked vehicles or any vehicles not considered to be in working order are not permitted on the property for any length of time and is subject to an immediate Tow at Owner’s expense. Vehicles parked on the complex property shall be deemed abandoned if, 1.) they are left unattended more than 48 hours and 2.) if left parked on property for more than six hours with no license plates affixed thereto as required by the Department of Motor Vehicles of the State of Nevada. Vehicles deemed abandoned on the property will be towed at Owner's expense. |
| Signage | All exterior unit and/or building signage must be pre-approved, in writting, from Landlord before installation. Upon Tenant's vacating of the lease premises, Tenant, at Tenant's cost, must remove all exterior unit and/or building signage. Failure to comply will result in the cost of removal of Tenant's signage being deducted from the Security Deposit. |
| Repairs | Tenants are advised to read their lease to determine which repairs are the responsibility of the Landlord and which repairs are the responsibility of the Tenant. Please note that if a serviceman reports that damage was caused by improper use rather than normal wear and tear, the cost of repair/replacement will be the sole responsibility of the Tenant. |
| Damages | Any damages to the unit, complex or property by the Tenant and found by Landlord during the vacating walk through will be deducted from the Security Deposit. Tenant will be supplied written results of the damage and deductions from Security Deposit within 30 days after Tenant's vacating of the unit. |
| Modifications
or Tenant Improvements |
The unit must be put back to its original condition, by Tenant at Tenants sole cost, prior to vacating of unit. Any modifications or Tenant Improvements to the unit, complex or property not removed by the Tenant and found by Landlord during the vacating walk through will be deducted from the Security Deposit. Tenant will be supplied written results of the deductions from Security Deposit within 30 days after Tenant's vacating of the unit. |
| Cleaning | Tenant is expected to clean the unit prior to vacating unit. Failure to comply will result in the cost of cleaning of the unit being deducted from the Security Deposit. |
| Lease Termination | Tenant must return possession of the unit keys to the Property Manager's Office. Failure to comply will result in the cost of the unit locks being re-keyed and the cost deducted from the Security Deposit. It is the Tenant's responsibility to supply the Property Manger with an forwarding address for the return of the Tenant's Security Deposit. If Tenant fails to supply Property Manager with an forwarding address, the Property Manager will send the Walk Through results and refund of Security Deposit to the last known address on file for the Tenant (i.e. lease premises address). |
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© Copyright 2000 Santoli Realty, Inc. All Rights Reserved. |