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Lot rental

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1 Lot rental on Sat Jun 30, 2012 12:36 am


Arresto Menor
I plan to rent out a corner of my residential lot to a businessman who wants to open a small eatery. This corner has no structure whatsoever yet, and he has to build his own structure from the ground up. What kind of agreement do we sign? Where do I inquire to get the prevailing lot space rental rate? He if wants to stop the business, do I get to keep his structure for free?

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2 Re: Lot rental on Sat Jun 30, 2012 8:58 am


it should be a basic lease contract, and you can ask around your street if there is anything similar. as for the structure, it should be based on your agreement

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3 Re: Lot rental on Mon Jul 02, 2012 11:02 am


Reclusion Perpetua

i agree, it could be a basic lease contract. with respect to the structure that your prospective lessee would construct, you can stipulate on this in your lease contract.

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