This office lease clause lists a way to provide for variances between the rentable area of a "to be built" demised premises and the actual area after construction.
Oklahoma Remeasurement Clause Used When Variances Exist Between the Rentable and Actual Area of a Space to be Built
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US-OL706A
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FAQ
A lease clause is a specific part of a contract or rental agreement between the landlord and tenant. These clauses need to be compliant with local state laws and other agreements between the two parties.
The clause must include the total amount of rent payable, the date the tenant must pay rent and how the rent must be paid. The tenancy agreement may also expand to include details on how pro rata rent is apportioned alongside details of how interest is calculated where a tenant fails to pay rent on the rent due date.
Use Clauses This clause defines how the tenant can and can't use the property they're leasing. The use clause may be very specific, so it's important that you read its terms carefully.
When the lessee breaches the lease, it gives the lessor the right to proceed with: actual eviction by filling a suit for possession.
An early termination clause is a provision included in a lease agreement that allows either party, the landlord or the tenant, to end the lease before the agreed-upon termination date. These clauses are designed to provide flexibility and protect the interests of both parties in the event of unforeseen circumstances.
What Are Lease Clauses? A lease clause is a specific part of a contract or rental agreement between the landlord and tenant. These clauses need to be compliant with local state laws and other agreements between the two parties.
An automatic charge to the tenant for court costs and legal fees if the landlord has to take the tenant to court, written in the lease, is an illegal lease clause. Something that says that a tenant will be charged for court costs and legal fees if the judge says so, though, is okay.
