Tarrant Texas 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: Tarrant
• Control #: US-OL706A
• Format: Word

Description

Negociación y Redacción de Arrendamientos de Oficinas The Tarrant Texas Remeasurement Clause is a contractual provision used to address discrepancies between the rentable and actual area of a space to be built. It is particularly relevant for commercial real estate leases and helps ensure fairness and accuracy in rental calculations. When variances exist between the rentable and actual area of a space to be built, the Tarrant Texas Remeasurement Clause allows for adjustments to the lease terms. This clause takes into account situations where the actual usable area is less than the rentable area stated in the lease agreement. It is essential for tenants and landlords to understand and include this clause in their lease contracts to avoid any potential conflicts or disputes in the future. There are different types of the Tarrant Texas Remeasurement Clause used when variances exist between the rentable and actual area of a space to be built. These include: 1. Gross-up Clause: This clause ensures that the tenant pays rent based on the total rentable area, even if some areas are not usable due to structural elements, common areas, or utility closets. It allows for a fair distribution of operating costs among tenants while maintaining consistency in rental calculations. 2. Load Factor Clause: The load factor clause accounts for shared spaces or common areas that benefit multiple tenants within a building. It is used to determine the load factor percentage, which is then multiplied by the tenant's usable square footage to calculate the rentable area and subsequent rent. 3. Expansion Clause: An expansion clause allows for adjustments to the lease terms if the tenant decides to expand or decrease the usable area during the lease term. It outlines the process and conditions for such modifications, including rent adjustments and additional lease requirements. 4. Measurement Standard Clause: This clause specifies the methodology and standards to be used for measuring the rentable and actual area of a space. It may reference industry standards or specific guidelines to ensure consistency and accuracy in measurements. Including the Tarrant Texas Remeasurement Clause in commercial lease agreements provides both tenants and landlords with a fair and transparent method of calculating rental obligations based on the actual usable space. By addressing potential variances between the rentable and actual area, this clause helps establish a solid foundation for lease negotiations and reduces the risk of future disputes.

The Tarrant Texas Remeasurement Clause is a contractual provision used to address discrepancies between the rentable and actual area of a space to be built. It is particularly relevant for commercial real estate leases and helps ensure fairness and accuracy in rental calculations. When variances exist between the rentable and actual area of a space to be built, the Tarrant Texas Remeasurement Clause allows for adjustments to the lease terms. This clause takes into account situations where the actual usable area is less than the rentable area stated in the lease agreement. It is essential for tenants and landlords to understand and include this clause in their lease contracts to avoid any potential conflicts or disputes in the future. There are different types of the Tarrant Texas Remeasurement Clause used when variances exist between the rentable and actual area of a space to be built. These include: 1. Gross-up Clause: This clause ensures that the tenant pays rent based on the total rentable area, even if some areas are not usable due to structural elements, common areas, or utility closets. It allows for a fair distribution of operating costs among tenants while maintaining consistency in rental calculations. 2. Load Factor Clause: The load factor clause accounts for shared spaces or common areas that benefit multiple tenants within a building. It is used to determine the load factor percentage, which is then multiplied by the tenant's usable square footage to calculate the rentable area and subsequent rent. 3. Expansion Clause: An expansion clause allows for adjustments to the lease terms if the tenant decides to expand or decrease the usable area during the lease term. It outlines the process and conditions for such modifications, including rent adjustments and additional lease requirements. 4. Measurement Standard Clause: This clause specifies the methodology and standards to be used for measuring the rentable and actual area of a space. It may reference industry standards or specific guidelines to ensure consistency and accuracy in measurements. Including the Tarrant Texas Remeasurement Clause in commercial lease agreements provides both tenants and landlords with a fair and transparent method of calculating rental obligations based on the actual usable space. By addressing potential variances between the rentable and actual area, this clause helps establish a solid foundation for lease negotiations and reduces the risk of future disputes.

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.