Tenant Quick Checklist of Lease Points
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APPENDIX B Tenant's Quick Checklist of Lease Points Tenant's Quick Checklist of Lease Points The following is a basic lease checklist to be used during both the negotiation and the drafting process. It is not exhaustive of all issues a party may encounter in an office lease transaction, but it does provide a quick reference to check off basic lease issues. ? PARTIES a. Landlord b. Legal Identity ? PREMISES a. Accurate description of premises, including street address, floor, suite number, etc. b. Square footage c. Measurement standard (i.e., BOMA standard) d. Floor load e. Rentable and usable area in demised premises ? RENT-TERM a. Total/Annual b. PSF basis c. Term in years d. Taxes e. Additional rent/increases (i.e., escalation, common area charges) f. Formulas for calculating rent and additional rent, etc.
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