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Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers

State:
Multi-State
Control #:
US-OL301A
Format:
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PDF
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About this form

This legal form is known as the Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers. It outlines the specific provisions for determining the usable area within an office building. Unlike other lease agreements, this form focuses on how space is measured to ensure clarity in terms of the area that is included in the lease, whether for single or multiple tenancy floors.

What’s included in this form

  • Definitions of usable area in both single and multiple occupancy scenarios.
  • Guidelines on how to measure usable space in relation to walls and corridors.
  • Exclusion criteria for public areas such as stairs and elevator shafts.
  • Specific measurement standards based on the building's design.

Situations where this form applies

This form should be used when negotiating office leases in Midtown Manhattan. It is particularly important for landlords and tenants to agree on the exact usable area of the rented space, ensuring both parties have a clear understanding of rental costs based on this measurement. This form can be utilized in situations involving either single or multiple tenant floors in modern office towers.

Who should use this form

  • Landlords leasing office space in Midtown Manhattan.
  • Tenants looking to lease office space and needing clarity on usable area.
  • Real estate professionals negotiating lease agreements.
  • Businesses establishing offices in new buildings requiring precise lease terms.

Instructions for completing this form

  • Define the parties involved in the lease agreement.
  • Specify the location and description of the leased premises.
  • Determine the measurement methods applicable to the usable area.
  • Enter any exclusions for public spaces as described in the form.
  • Include signatures from all parties to finalize the agreement.

Does this form need to be notarized?

This form does not typically require notarization to be legally valid. However, some jurisdictions or document types may still require it. US Legal Forms provides secure online notarization powered by Notarize, available 24/7 for added convenience.

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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.

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We protect your documents and personal data by following strict security and privacy standards.

Mistakes to watch out for

  • Failing to clearly define how usable area is measured.
  • Omitting exclusions for public spaces, leading to misunderstandings.
  • Not specifying the type of tenancy (single vs. multiple occupancy).
  • Using outdated building plans that do not reflect current layouts.

Benefits of completing this form online

  • Convenience of downloading and completing the form immediately.
  • Editability allows users to customize terms as needed.
  • Reliability of a form drafted by licensed attorneys ensures legal adequacy.

What to keep in mind

  • This form defines usable area for office leases in Manhattan.
  • It offers clear measurement standards to avoid misunderstandings.
  • This lease is tailored for both single and multiple occupancy scenarios.

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Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers