This office lease form states that the Landlord shall not lease or sublease any other space in the building, during the term of the lease or any renewal to any party that can reasonably be deemed a competitor of Tenant.
Massachusetts Provision Limiting Rights of Landlord to Lease Space in the Building to Tenant Competitors
Category:
State:
Multi-State
Control #:
US-OL23011
Format:
Word;
PDF
Instant download
Description
How to fill out Provision Limiting Rights Of Landlord To Lease Space In The Building To Tenant Competitors?
You may invest several hours online trying to find the lawful document web template that meets the federal and state needs you will need. US Legal Forms gives a large number of lawful varieties which are evaluated by professionals. It is possible to download or produce the Massachusetts Provision Limiting Rights of Landlord to Lease Space in the Building to Tenant Competitors from our support.
If you currently have a US Legal Forms profile, you may log in and click on the Download switch. Next, you may complete, change, produce, or signal the Massachusetts Provision Limiting Rights of Landlord to Lease Space in the Building to Tenant Competitors. Each and every lawful document web template you acquire is the one you have forever. To have yet another backup associated with a obtained form, check out the My Forms tab and click on the related switch.
If you work with the US Legal Forms internet site initially, stick to the simple guidelines listed below:
- Initial, be sure that you have selected the best document web template for that county/city that you pick. Read the form information to make sure you have selected the appropriate form. If readily available, make use of the Review switch to look through the document web template too.
- In order to get yet another model of your form, make use of the Research area to get the web template that fits your needs and needs.
- After you have identified the web template you desire, just click Acquire now to continue.
- Select the rates prepare you desire, type in your credentials, and sign up for a free account on US Legal Forms.
- Complete the transaction. You can utilize your charge card or PayPal profile to cover the lawful form.
- Select the file format of your document and download it in your device.
- Make adjustments in your document if needed. You may complete, change and signal and produce Massachusetts Provision Limiting Rights of Landlord to Lease Space in the Building to Tenant Competitors.
Download and produce a large number of document templates making use of the US Legal Forms Internet site, that offers the biggest assortment of lawful varieties. Use skilled and express-particular templates to deal with your small business or individual requirements.
Form popularity
FAQ
A second generation space is defined as someone who has lived in the space so another tenant has occupied the space, so a certain build out has been completed.
Commercial leases, particularly leases in retail shopping centers, often contain provisions (known as "use exclusives") that prevent the landlord from leasing space in the same mall, center, or area to a business that sells products or services similar to those sold by an existing tenant.
Build -Out: This happens when the space is already finished and may have been previously occupied by another tenant. The landlord may agree to remodel the unit ing to the needs of the tenant.
A shell space in real estate refers to a space that is bare on the inside. This can be a property of many different types: Industrial buildings, commercial offices, and even a residential apartment.
An exclusive use provision allows a tenant to use its premises for an intended specific use (for example, as a restaurant, clothing store or electronics retailer), and restricts other tenants in the shopping center from using their premises for the same or a similar use.
Examples of commercial property spaces include office buildings, residential duplexes, restaurants, or even a warehouse. If you can make money from leasing it out or holding it and reselling it, it can be classified as a commercial property.
What are the different types of commercial property? Offices. Retail ? retail stores, shopping centres, shops. Industrial ? warehouses, factories. Leisure ? hotels, pubs, restaurants, cafes, sport facilities. Healthcare ? medical centres, hospitals, nursing homes.
The Use Clause and Exclusive Clause Some landlords want to limit how you'll use the rented space. The limitations can be as broad as what business you'll conduct there, as narrow as what specific services or products you'll offer, or as nebulous as the quality level of your operation.
