Los Angeles California 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: Los Angeles
• Control #: US-OL706A
• Format: Word

Description

Negociación y Redacción de Arrendamientos de Oficinas Los Angeles California Remeasurement Clause: Ensuring Accurate Rent Calculations for Commercial Spaces In the vibrant city of Los Angeles, California, real estate contracts often include a remeasurement clause that is crucial in accurately determining rental costs for commercial spaces. This clause is utilized when there are variations between the rentable and actual areas of a space to be built, ensuring fairness and transparency in lease agreements. By incorporating this clause, both landlords and tenants can benefit from a more precise assessment of the usable space provided, influencing rent calculations and negotiations. When it comes to remeasurement clauses in Los Angeles, there are several types that can be used to address different scenarios and situations. Some commonly found variations are: 1. Base Building Measurement: This type of remeasurement clause focuses on documenting and calculating the rentable space within the base building structure, excluding any tenant improvements or alterations. By doing so, the clause establishes a clear starting point for lease calculations, enabling consistency across the various tenant spaces within the building. 2. Finished Measurement: In certain cases, commercial spaces may undergo extensive tenant improvements or customization to meet specific business requirements. A finished measurement clause takes these additional enhancements into account while determining the actual usable area. By addressing the final condition of the space, this clause safeguards tenant interests and ensures that rental costs accurately reflect the value delivered. 3. Common Area Allocation: Commercial buildings often feature shared or common areas such as lobbies, hallways, restrooms, and elevators that are used collectively by all tenants. To fairly distribute the costs of maintaining these areas, a common area allocation clause is employed. It determines the proportionate share of these common areas to be attributed to each tenant's rentable area, avoiding any undue burden on individual lessees. 4. Multiple Lessee Spaces: In larger commercial buildings, it is not uncommon for tenants to occupy multiple adjacent spaces. In such cases, a multiple lessee spaces clause comes into play. This clause consolidates the rentable areas of the different spaces to determine the overall rent calculation accurately. It accounts for interconnected or contiguous areas occupied by the same tenant, ensuring a cohesive approach to leasing multiple spaces. 5. Measurement Discrepancy Remedies: To address potential disagreements or disputes between landlords and tenants regarding the remeasurement process, measurement discrepancy remedies can be specified within the remeasurement clause. These remedies outline the steps and procedures to be followed, providing a framework for resolving any disputes that may arise during remeasurement. In conclusion, the Los Angeles California remeasurement clause is an essential component in commercial lease agreements. By employing various types of remeasurement clauses, landlords and tenants can ensure fair and accurate rental calculations that consider both the rentable and actual area of a space to be built. These provisions collectively contribute to establishing harmonious tenant-landlord relationships and fostering a transparent and reliable commercial real estate market in the City of Angels.

Los Angeles California Remeasurement Clause: Ensuring Accurate Rent Calculations for Commercial Spaces In the vibrant city of Los Angeles, California, real estate contracts often include a remeasurement clause that is crucial in accurately determining rental costs for commercial spaces. This clause is utilized when there are variations between the rentable and actual areas of a space to be built, ensuring fairness and transparency in lease agreements. By incorporating this clause, both landlords and tenants can benefit from a more precise assessment of the usable space provided, influencing rent calculations and negotiations. When it comes to remeasurement clauses in Los Angeles, there are several types that can be used to address different scenarios and situations. Some commonly found variations are: 1. Base Building Measurement: This type of remeasurement clause focuses on documenting and calculating the rentable space within the base building structure, excluding any tenant improvements or alterations. By doing so, the clause establishes a clear starting point for lease calculations, enabling consistency across the various tenant spaces within the building. 2. Finished Measurement: In certain cases, commercial spaces may undergo extensive tenant improvements or customization to meet specific business requirements. A finished measurement clause takes these additional enhancements into account while determining the actual usable area. By addressing the final condition of the space, this clause safeguards tenant interests and ensures that rental costs accurately reflect the value delivered. 3. Common Area Allocation: Commercial buildings often feature shared or common areas such as lobbies, hallways, restrooms, and elevators that are used collectively by all tenants. To fairly distribute the costs of maintaining these areas, a common area allocation clause is employed. It determines the proportionate share of these common areas to be attributed to each tenant's rentable area, avoiding any undue burden on individual lessees. 4. Multiple Lessee Spaces: In larger commercial buildings, it is not uncommon for tenants to occupy multiple adjacent spaces. In such cases, a multiple lessee spaces clause comes into play. This clause consolidates the rentable areas of the different spaces to determine the overall rent calculation accurately. It accounts for interconnected or contiguous areas occupied by the same tenant, ensuring a cohesive approach to leasing multiple spaces. 5. Measurement Discrepancy Remedies: To address potential disagreements or disputes between landlords and tenants regarding the remeasurement process, measurement discrepancy remedies can be specified within the remeasurement clause. These remedies outline the steps and procedures to be followed, providing a framework for resolving any disputes that may arise during remeasurement. In conclusion, the Los Angeles California remeasurement clause is an essential component in commercial lease agreements. By employing various types of remeasurement clauses, landlords and tenants can ensure fair and accurate rental calculations that consider both the rentable and actual area of a space to be built. These provisions collectively contribute to establishing harmonious tenant-landlord relationships and fostering a transparent and reliable commercial real estate market in the City of Angels.

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.