Hennepin Minnesota Contrato de arrendamiento comercial de edificio a ser construido por el arrendador - Commercial Lease Agreement for Building to be Erected by Lessor

• Category: Propietario Inquilino - Arrendamientos comerciales - Alaska
• State: Multi-State
• County: Hennepin
• Control #: US-0483BG
• Format: Word

Description

A build-to-suit lease has various definitions. The simplest definition is any lease that references some construction to meet the tenant's requirements. This construction can range from adding minor tenant finish items to a general business office to the Hennepin County, Minnesota Commercial Lease Agreement for Building to be Erected by Lessor is a legally binding contract between a lessor (property owner) and a lessee (tenant) for the lease of a commercial space in Hennepin County, Minnesota. This type of lease agreement is specifically intended for situations where the lessor agrees to construct a commercial building on the premises for the lessee's use. The Hennepin Minnesota Commercial Lease Agreement for Building to be Erected by Lessor typically includes the following key provisions: 1. Parties: Clearly defines the lessor and lessee, including their legal names and contact information. 2. Property Description: A detailed description of the property, including its address, square footage, and any specific features or amenities. 3. Lease Term: Specifies the duration of the lease, including the start and end dates. It may also include renewal options and terms for potential extensions. 4. Construction Obligations: Outlines the lessor's responsibility to construct the commercial building according to agreed-upon plans, designs, and specifications. This section may also include details regarding permits, inspections, and any additional costs associated with the construction. 5. Rent: Specifies the amount of rent the lessee is required to pay, as well as the frequency of payments. It may also include provisions for rent adjustments, such as annual increases based on the Consumer Price Index or negotiated percentage. 6. Maintenance and Repairs: Clarifies the responsibilities for property maintenance and repairs. It may stipulate that the lessor is responsible for structural repairs and major systems, while the lessee is responsible for general maintenance and minor repairs. 7. Use and Restrictions: Specifies the permissible uses of the commercial space and any restrictions imposed by the lessor. This section may include provisions regarding signage, alterations, noise restrictions, and compliance with local zoning laws. 8. Insurance: Requires the lessee to obtain commercial liability insurance to protect both parties from potential damages or liabilities. 9. Default and Remedies: Outlines the consequences of default, including late payment penalties, eviction procedures, and potential legal action. Examples of different types of Hennepin Minnesota Commercial Lease Agreement for Building to be Erected by Lessor may include variations depending on factors such as the duration of the lease, specific requirements for the commercial building, and the intended use of the premises. These variations could be reflected in addendums or specific clauses tailored to the unique circumstances of the lease agreement. Keywords: Hennepin Minnesota, commercial lease agreement, building erection, lessor, lessee, property description, lease term, construction obligations, rent, maintenance and repairs, use and restrictions, insurance, default and remedies.

Hennepin County, Minnesota Commercial Lease Agreement for Building to be Erected by Lessor is a legally binding contract between a lessor (property owner) and a lessee (tenant) for the lease of a commercial space in Hennepin County, Minnesota. This type of lease agreement is specifically intended for situations where the lessor agrees to construct a commercial building on the premises for the lessee's use. The Hennepin Minnesota Commercial Lease Agreement for Building to be Erected by Lessor typically includes the following key provisions: 1. Parties: Clearly defines the lessor and lessee, including their legal names and contact information. 2. Property Description: A detailed description of the property, including its address, square footage, and any specific features or amenities. 3. Lease Term: Specifies the duration of the lease, including the start and end dates. It may also include renewal options and terms for potential extensions. 4. Construction Obligations: Outlines the lessor's responsibility to construct the commercial building according to agreed-upon plans, designs, and specifications. This section may also include details regarding permits, inspections, and any additional costs associated with the construction. 5. Rent: Specifies the amount of rent the lessee is required to pay, as well as the frequency of payments. It may also include provisions for rent adjustments, such as annual increases based on the Consumer Price Index or negotiated percentage. 6. Maintenance and Repairs: Clarifies the responsibilities for property maintenance and repairs. It may stipulate that the lessor is responsible for structural repairs and major systems, while the lessee is responsible for general maintenance and minor repairs. 7. Use and Restrictions: Specifies the permissible uses of the commercial space and any restrictions imposed by the lessor. This section may include provisions regarding signage, alterations, noise restrictions, and compliance with local zoning laws. 8. Insurance: Requires the lessee to obtain commercial liability insurance to protect both parties from potential damages or liabilities. 9. Default and Remedies: Outlines the consequences of default, including late payment penalties, eviction procedures, and potential legal action. Examples of different types of Hennepin Minnesota Commercial Lease Agreement for Building to be Erected by Lessor may include variations depending on factors such as the duration of the lease, specific requirements for the commercial building, and the intended use of the premises. These variations could be reflected in addendums or specific clauses tailored to the unique circumstances of the lease agreement. Keywords: Hennepin Minnesota, commercial lease agreement, building erection, lessor, lessee, property description, lease term, construction obligations, rent, maintenance and repairs, use and restrictions, insurance, default and remedies.

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.