Premises Office Share With Bananas In Houston

• State: Multi-State
• Category: Attorneys
• City: Houston
• Control #: US-00406BG
• Format: Word; Rich Text

Description

The Agreement to Share Office Space caters to professionals, specifically attorneys, looking to share a premises office space in Houston. This document outlines the terms under which two attorneys can cohabit a leased suite, establishing the responsibilities regarding shared expenses, usage of common facilities, and the separation of client relationships and income. Key features include the duration of the agreement, which is renewable annually, and the provision for termination with a 45-day notice. It distinctly clarifies that while both parties can utilize the shared space, their practices remain independent. Essential aspects of shared costs such as rent, utilities, and office supplies are prorated based on monthly earnings, ensuring fair distribution of expenses. Additionally, the agreement restricts use strictly to legal practices and includes clauses about ownership of furnishings and equipment, as well as the need for written consent for any subletting. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a valuable resource for establishing a clear and structured office-sharing arrangement while maintaining professional independence.