A San Antonio Texas Agreement to Lease Commercial Property with Building on the Property to be Built by Lessor is a legally binding contract between a lessor (property owner) and a lessee (tenant) that outlines the terms and conditions for leasing a commercial property in San Antonio, Texas. This agreement specifically involves the construction of a building on the property by the lessor and the demolition of the existing structure. Keywords: San Antonio Texas, Agreement to Lease Commercial Property, Building, Property to be Built by Lessor, Demolition, Present Building. In San Antonio, there may be different types of agreements depending on specific circumstances. These can include: 1. San Antonio Texas Agreement to Lease Commercial Property with New Building Construction and Demolition: This type of agreement is applicable when a new commercial building is to be constructed by the lessor on the leased property, and the existing building on the property is to be demolished. 2. San Antonio Texas Agreement to Lease Commercial Property with Building Renovation and Demolition: In this case, the lessor plans to renovate an existing building on the property, followed by the demolition of certain sections or the entire structure. 3. San Antonio Texas Agreement to Lease Commercial Property with Partial Building Construction: This type of agreement is relevant when the lessor intends to construct an additional building on the property, while retaining the existing structure. 4. San Antonio Texas Agreement to Lease Commercial Property with Redevelopment: In the case of redevelopment, the lessor plans to completely demolish the existing building and construct a new building or multiple buildings on the property. Regardless of the specific type, a detailed San Antonio Texas Agreement to Lease Commercial Property with Building on the Property to be Built by Lessor Demolition of Present Building will typically include the following key aspects: — Parties: Identification of the lessor (property owner) and lessee (tenant) with their contact details. — Property Description: Clear and detailed description of the commercial property, including address, boundaries, and any exclusions. — Purpose of Agreement: Explanation of the purpose, such as lease commencement, building construction, and demolition. — Lease Term and Commencement: Duration of the lease, including start and end dates, along with any renewal options. — Rent and Payment Terms: Clear mention of monthly or annual rent, payment due dates, and acceptable payment methods. — Construction and Demolition: Specific details regarding the building construction plan, timeline, responsibilities, and cost allocation. — Holdover Provision: Terms for handling situations where the lessee remains on the property after the lease term expires. — Repairs and Maintenance: Allocation of responsibilities between the lessor and lessee for property upkeep and repairs. — Insurance and Indemnification: Provision specifying the required insurance coverage for the property and liability protection for both parties. — Termination and Default: Conditions under which the lease can be terminated by either party and remedies for default. — Governing Law: Identification of the applicable state laws and jurisdiction in case of disputes. It is crucial for both parties to thoroughly review the agreement and seek legal counsel to ensure compliance with San Antonio regulations and protection of their respective interests.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.