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“As-Is” Condition

Introduction: In order to protect itself, a landlord will generally include an “as-is” provision within its lease stating that tenant has inspected the premises and accepts them as they are…

Pro-Landlord Language: “Tenant represents that the Demised Premises and all electrical, heating, ventilating, air conditioning (if any), plumbing and other systems affecting the same have been inspected by Tenant and…

Heat, Air Conditioning & Electricity Clause Pointers

Who’s Cooler Than You? | 11:27 Table of Contents

Heat, Air Conditioning & Electricity Clause Pointers

Who’s Cooler Than You? Heat, Air Conditioning & Electricity Clause Pointers Previous ChapterTable of ContentsNext Chapter With due props out to rock and roll legends Foreigner, Bruce Springsteen and Buster…

Heat, Air Conditioning & Electricity Clause Pointers

Who’s Cooler Than You?

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Abatement: The reduction or elimination of a portion of rent during the lease term. Commonly referred to as “free rent,” “rent abatement” or a “rent concession.” An abatement may be…

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Generally Accepted Accounting Principles (GAAP): The common set of standards, rules, procedures, and principles accepted by professionals in the accounting industry. This framework has been adopted by most publicly traded…

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Hard Costs: The readily quantifiable costs of a construction project that become part of the improvements made such as land, a building, inventory, systems, equipment, or machines. These hard costs contrast…

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Real Estate Tax (Escalations): Provision in lease agreements where tenant agrees to pay its pro-rata share of any increase in real estate taxes on the leased property over and above a…

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Sale-Leaseback: A real estate sales transaction in which the owner of a property sells the property to a buyer, and after the closing of title to the property, the seller…

Leasing REality’s Top 100+ Leasing Intervention™ Tips

Includes 100+ Commercial Leasing Topics Leasing REality’s Top 100+ Leasing Intervention™ Tips Download SlidesMore Slides

Electricity: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 14)

Part 14 Electricity: Negotiating and Preparing a Letter of Intent (“LOI”) Previous ChapterTable of ContentsNext Chapter When it comes to an electricity provision in a LOI, paraphrasing the words and…

HVAC/Air Conditioning: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 16)

Part 16 HVAC/Air Conditioning: Negotiating and Preparing a Letter of Intent (“LOI”) Previous ChapterTable of ContentsNext Chapter With due props out to rock and roll legends Foreigner and Buster Poindexter,…

Electricity Letter of Intent (“LOI”) Negotiating Pointers (Part 1 of 2)

When it comes to an electricity provision in a LOI, paraphrasing the words and wisdom of Forrest Gump, who, if negotiating a lease, very well would have said something along…

Electricity Letter of Intent (“LOI”) Negotiating Pointers (Part 2 of 2)

Electrical Capacity and Power Tenant Advocates: For office tenants, the question to be asked is whether or not the space has sufficient amperage based on your usage type. If it…

Electricity: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 14)

HVAC/Air Conditioning: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 16)

Electricity: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 14)

(Part 14 of 24) | 11:16 Table of Contents

HVAC/Air Conditioning: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 16)

(Part 16 of 24) | 8:25 Table of Contents

HVAC/Air Conditioning within a Letter of Intent (“LOI”)

Tenant Advocates: The majority of leases do not address what minimum temperature must be maintained by the building owner in the winter or what maximum temperature you must endure during the high…

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“As-Is” Condition

“As-Is” Condition

Heat, Air Conditioning & Electricity Clause Pointers

Heat, Air Conditioning & Electricity Clause Pointers

Heat, Air Conditioning & Electricity Clause Pointers

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R

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Leasing REality’s Top 100+ Leasing Intervention™ Tips

Electricity: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 14)

HVAC/Air Conditioning: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 16)

Electricity Letter of Intent (“LOI”) Negotiating Pointers (Part 1 of 2)

Electricity Letter of Intent (“LOI”) Negotiating Pointers (Part 2 of 2)

Electricity: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 14)

HVAC/Air Conditioning: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 16)

Electricity: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 14)

HVAC/Air Conditioning: Negotiating and Preparing a Letter of Intent (“LOI”) (Part 16)

HVAC/Air Conditioning within a Letter of Intent (“LOI”)