Explore tenant friendly and landlord friendly lease clause language to aid you in negotiations from both sides of the table. Subscribe today to unlock all Sample Provisions.
Early Terminationhttps://patrickharmon.site/wp-content/uploads/2017/04/LR_Thumb_Sample_Provision.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
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Estoppel Certificatehttps://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Sample_Provision_FREE.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
ESTOPPEL FORM OF TENANT ESTOPPEL CERTIFICATE This estoppel certificate is made and executed as of the __ day of _______, 2017 by ________________________ (“tenant”) for the benefit of _______________ (“purchaser”) [and any mortgage lender]. Tenant hereby certificates to purchaser as follows: Tenant is the tenant under that certain lease dated ___________, 201_ made by and…
Exculpation of Landlordhttps://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Sample_Provision_FREE.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
“The Landlord Parties (defined as Landlord, Landlord’s managing agent and any future Fee Lender, and all of their respective officers, directors, shareholders, members, managers, partners, and employees), disclosed and undisclosed, shall have no personal liability under or in connection with this Lease. Tenant shall look only to Landlord’s interest in the Property and this Lease…
Exhaust Systemhttps://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Sample_Provision_FREE.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
“Tenant shall not permit objectionable odors to emanate from the Demised Premises. Tenant shall install chemical extinguishing devices (such as ansul or a similar device) approved by the appropriate governmental agencies and shall keep such devices under service as required by such agency. Tenant shall, within ten (10) days after notice from Landlord, install, at…
Failure to Give Possession (Pro-Landlord) & Outside Date Language (Pro-Tenant)https://patrickharmon.site/wp-content/uploads/2017/04/LR_Thumb_Sample_Provision.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
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Failure to Open for Business or to Operatehttps://patrickharmon.site/wp-content/uploads/2017/04/LR_Thumb_Sample_Provision.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
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Foreign Jurisdiction | Consent to Jurisdiction Languagehttps://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Sample_Provision_FREE.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
“Tenant agrees that all disputes arising, directly or indirectly, out of or relating to this Lease, and all actions to enforce this Lease, shall be dealt with and adjudicated in the state courts of the State of New York or the federal courts for the Southern District of New York; and for that purpose Tenant…
Gross Up of Operating Expenses: Base Year and Any Calendar Year (Pro-Landlord)https://patrickharmon.site/wp-content/uploads/2017/04/LR_Thumb_Sample_Provision.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
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Gross Up of Operating Expenses: Base Year (Pro-Tenant)https://patrickharmon.site/wp-content/uploads/2017/04/LR_Thumb_Sample_Provision.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
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HVAC System Maintenance Contract Requirementhttps://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Sample_Provision_FREE.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
Pro-Landlord Language: “Throughout the term of this Lease, Tenant shall at its own cost and expense (i) cause to be performed all maintenance of the HVAC system, equipment and facilities (hereinafter referred to as the “A/C System”), if any, and whether now existing or hereinafter installed, located in or servicing the Premises, including all repairs…
Landlord Representations as to Ownership, Use, Zoning, Mortgages and the Certificate of Occupancyhttps://patrickharmon.site/wp-content/uploads/2017/04/LR_Thumb_Sample_Provision.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
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Moisture and Mold Memorandumhttps://patrickharmon.site/wp-content/uploads/2017/05/LR_Thumb_Sample_Provision_FREE.jpg800450Leasing REality | Commercial Real Estate EducationLeasing REality | Commercial Real Estate Education//patrickharmon.site/wp-content/uploads/2023/05/Leasing-Realty-ver5.1-final.png
MOISTURE AND MOLD MEMORANDUM This Memorandum is entered into this ____ day of ___, 2017 by TRY TO BE DRY TENANT LLC (“Tenant”). TENANT AGREES AS FOLLOWS: Pursuant to that certain Lease Agreement dated as of ____, 2017 (the “Lease”) by and between _____________________ (“Landlord”) and Tenant, Tenant is leasing from Landlord the following…