One month lease - Pay or move out???

[carlton1]

What is the name of your state (only U.S. law)? Oklahoma

Is there a way to construct a COMMERCIAL lease in Oklahoma on a month to month basis that says, rent is due on the 1st, late fee of $50 up to the 10th, if payment is not received by the 11th, the Landlord can change the locks, and you are out of the building and out of the lease?

Also on the lease, I would like to have a clause, if you pay your rent on by the 10th of each month, you will have the same rent for 12 or 24 months.

Basically a 12 month or 24 month guaranteed lease rate to the tenant with a easy to kick the dead beats out clause for the landlord.

 

[Hot Topic]

What is the name of your state (only U.S. law)? Oklahoma

Is there a way to construct a COMMERCIAL lease in Oklahoma on a month to month basis that says, rent is due on the 1st, late fee of $50 up to the 10th, if payment is not received by the 11th, the Landlord can change the locks, and you are out of the building and out of the lease?

Also on the lease, I would like to have a clause, if you pay your rent on by the 10th of each month, you will have the same rent for 12 or 24 months.

Basically a 12 month or 24 month guaranteed lease rate to the tenant with a easy to kick the dead beats out clause for the landlord.

So the payment is not received by the 11th, and the landlord changes the locks and holds the renter's property hostage until when?

What idiot would want to sign such an "agreement?"

 

[carlton1]

So the payment is not received by the 11th, and the landlord changes the locks and holds the renter's property hostage until when?

What idiot would want to sign such an "agreement?"

It is commercial property.

As a Landlord, I would give a reduced rent to a tenant with the understanding, FIRM and LEGAL, that if they don't pay the rent, they have to move no questions asked.

As for the Tenant, save a couple of hundred dollars a month, a couple of thousand a year and be rewarded for paying your rent on time. Why not sign it? Unless you intend not to pay.

FYI, Everyone is paying for Deadbeat Tenants.