This office lease form is a checklist that lists and describes the silent lease issues of the landlord and provides information regarding consent, landlord and tenant responsibilities and property uses.
This office lease form is a checklist that lists and describes the silent lease issues of the landlord and provides information regarding consent, landlord and tenant responsibilities and property uses.
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A lease is a contract outlining the terms under which one party agrees to rent an asset?in this case, property?owned by another party. It guarantees the lessee, also known as the tenant, use of the property and guarantees the lessor (the property owner or landlord) regular payments for a specified period in exchange.
Additional rent would include such items as the Tenant's proportionate share of common area maintenance and operating costs; utilities consumed in the premises; realty taxes applicable to the premises; insurance premiums; promotion and advertising; heating ventilating and air conditioning; legal and audit costs, and ...
3.1 Tenant agrees to pay to Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or before the first day of each full calendar month during the Term, except that the first full month's rent shall be paid upon the execution of this Lease.
All charges payable by Tenant other than Base Rent are called "Additional Rent." Unless this Lease provides otherwise, Tenant shall pay all Additional Rent then due with the next monthly installment of Base Rent.