Hillsborough Florida Cláusula de nueva medición utilizada cuando existen variaciones entre el área alquilable y la real de un espacio a construir - Remeasurement Clause Used When Variances Exist Between the Rentable and Actual Area of a Space to be Built

• Category: Propietario Inquilino - Arrendamientos comerciales - Alaska
• State: Multi-State
• County: Hillsborough
• Control #: US-OL706A
• Format: Word

Description

Negociación y Redacción de Arrendamientos de Oficinas The Hillsborough Florida Remeasurement Clause is a crucial provision used in real estate contracts to address any discrepancies between the rentable area and the actual area of a space to be constructed. When variances exist between these two measurements, the clause mandates that a remeasurement should take place to ensure fair and accurate rental calculations. This serves to protect both the landlord and the tenant and ensure transparency in lease agreements. In the context of commercial real estate, there are various types of Hillsborough Florida Remeasurement Clauses used to handle different scenarios and circumstances. These clauses may include: 1. Gross-up Remeasurement Clause: This type of clause focuses on adjusting the rental area to account for common areas and shared spaces within the building. It ensures that the tenant pays a fair portion of rent for their exclusive use area while also considering the amenities and facilities they indirectly benefit from. 2. Expansion Remeasurement Clause: When a tenant desires to expand their rented space during the lease term, this clause enables the remeasurement of the expanded area to determine the new rental value. It assists in fair negotiation of lease rates based on the increased square footage. 3. Compression Remeasurement Clause: Conversely, this clause addresses situations where a tenant reduces their rented space during the lease term. It triggers a remeasurement to adjust the rental value accordingly, preventing the tenant from paying for unused square footage. 4. Change of Use Remeasurement Clause: This clause applies when a tenant intends to alter the primary purpose or function of their space. For example, converting an office space into a retail store. By remeasuring the area, the rental value can be adjusted to reflect the new usage, ensuring fair rental payments. 5. Renovation Remeasurement Clause: In the case of significant renovations or alterations to a leased space, this clause allows for remeasurement to account for the changes made. By considering the modified area, the rental value can be recalculated accurately. In conclusion, the Hillsborough Florida Remeasurement Clause provides a mechanism for remeasuring the rentable and actual area of a space to be built accurately. By incorporating various types of clauses suited to different circumstances, it ensures fair lease agreements between landlords and tenants while promoting transparency and convenience in commercial real estate transactions.

The Hillsborough Florida Remeasurement Clause is a crucial provision used in real estate contracts to address any discrepancies between the rentable area and the actual area of a space to be constructed. When variances exist between these two measurements, the clause mandates that a remeasurement should take place to ensure fair and accurate rental calculations. This serves to protect both the landlord and the tenant and ensure transparency in lease agreements. In the context of commercial real estate, there are various types of Hillsborough Florida Remeasurement Clauses used to handle different scenarios and circumstances. These clauses may include: 1. Gross-up Remeasurement Clause: This type of clause focuses on adjusting the rental area to account for common areas and shared spaces within the building. It ensures that the tenant pays a fair portion of rent for their exclusive use area while also considering the amenities and facilities they indirectly benefit from. 2. Expansion Remeasurement Clause: When a tenant desires to expand their rented space during the lease term, this clause enables the remeasurement of the expanded area to determine the new rental value. It assists in fair negotiation of lease rates based on the increased square footage. 3. Compression Remeasurement Clause: Conversely, this clause addresses situations where a tenant reduces their rented space during the lease term. It triggers a remeasurement to adjust the rental value accordingly, preventing the tenant from paying for unused square footage. 4. Change of Use Remeasurement Clause: This clause applies when a tenant intends to alter the primary purpose or function of their space. For example, converting an office space into a retail store. By remeasuring the area, the rental value can be adjusted to reflect the new usage, ensuring fair rental payments. 5. Renovation Remeasurement Clause: In the case of significant renovations or alterations to a leased space, this clause allows for remeasurement to account for the changes made. By considering the modified area, the rental value can be recalculated accurately. In conclusion, the Hillsborough Florida Remeasurement Clause provides a mechanism for remeasuring the rentable and actual area of a space to be built accurately. By incorporating various types of clauses suited to different circumstances, it ensures fair lease agreements between landlords and tenants while promoting transparency and convenience in commercial real estate transactions.

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.