Check Your Understanding: Landlord and Tenant Work (Parts 6-9)
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Question 1 of 3
1. Question
A landlord, in order to exert their control over the work being performed in its building, will sometimes have a list of pre-approved contractors for major trades (thereby controlling what work will be performed and by whom in their building).
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Question 2 of 3
2. Question
A tenant improvement disbursement request is a request by the tenant for disbursement from the tenant improvement allowance and generally includes, among other things, (i) a statement that the amount requested in disbursement does not exceed the actual tenant improvement allowance amount, and (ii) that all copies of contracts, work, purchase and change orders associated with the disbursement are attached to the request.
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Question 3 of 3
3. Question
If a tenant is hiring its architect to also help in the purchase of certain furniture, fabrics, materials and other items of that nature for the tenant’s space, it is imperative that you request that any and all discounts that the architect is entitled to be passed along to you.
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