New Hampshire Addendums to Shopping Center Lease

State:
Multi-State
Control #:
US-60947
Format:
Word; 
Rich Text
Instant download

Description

This document provides addendums to a shopping center lease. The tenant agrees to pay as an additional charge each month for its proportionate share of the reasonable cost of operation, repair and maintenance of the common area (including, among other costs, those incurred for lighting, water, sewerage, sanitary control, painting, cleaning, paving, removal of snow, ice, trash and garbage, policing, landscaping, repairing, replacing guarding and protecting clothes) which may be incurred by the landlord and five percent (5%) of the foregoing costs to cover the landlord's and administration and supervisory costs. A New Hampshire Addendum to Shopping Center Lease is a legal document that serves as an attachment or an addition to a shopping center lease agreement specific to the state of New Hampshire. This addendum outlines additional terms, conditions, and provisions that are unique to New Hampshire and may not be covered in the original lease agreement. There are several types of New Hampshire Addendums to Shopping Center Lease, each addressing various aspects of the lease agreement. Here are some common types: 1. Exclusive Use Addendum: This addendum may be included to grant the tenant the exclusive right to operate a specific type of business within the shopping center. It prohibits the landlord from leasing space to any other tenant engaged in the same or similar business, ensuring a competitive advantage for the tenant. 2. Common Area Maintenance (CAM) Addendum: This addendum covers the maintenance, repair, and upkeep of the common areas within the shopping center, such as parking lots, walkways, and recreational areas. It specifies the tenant's responsibility for contributing to the costs associated with these maintenance activities. 3. Alterations and Improvements Addendum: This addendum outlines the procedures and requirements for tenants who wish to make alterations or improvements to their leased space. It may cover aspects such as obtaining necessary permits, compliance with building codes, and restoration obligations upon lease termination. 4. Environmental Compliance Addendum: This addendum highlights the tenant's duty to comply with all environmental laws and regulations. It may include provisions for hazardous waste disposal, pollution prevention, and necessary remediation in case of environmental damage caused by the tenant's activities. 5. Signage Addendum: This addendum governs the tenant's rights to display signage for their business within the shopping center. It addresses the size, location, and permissible types of signage, ensuring consistency while adhering to any local ordinances and regulations. It is crucial to consult a legal professional or an attorney specializing in real estate law to draft or review a New Hampshire Addendum to Shopping Center Lease to ensure compliance with state laws and regulations. This addendum protects the rights and obligations of both the landlord and the tenant, promoting a fair and successful leasing relationship.

A New Hampshire Addendum to Shopping Center Lease is a legal document that serves as an attachment or an addition to a shopping center lease agreement specific to the state of New Hampshire. This addendum outlines additional terms, conditions, and provisions that are unique to New Hampshire and may not be covered in the original lease agreement. There are several types of New Hampshire Addendums to Shopping Center Lease, each addressing various aspects of the lease agreement. Here are some common types: 1. Exclusive Use Addendum: This addendum may be included to grant the tenant the exclusive right to operate a specific type of business within the shopping center. It prohibits the landlord from leasing space to any other tenant engaged in the same or similar business, ensuring a competitive advantage for the tenant. 2. Common Area Maintenance (CAM) Addendum: This addendum covers the maintenance, repair, and upkeep of the common areas within the shopping center, such as parking lots, walkways, and recreational areas. It specifies the tenant's responsibility for contributing to the costs associated with these maintenance activities. 3. Alterations and Improvements Addendum: This addendum outlines the procedures and requirements for tenants who wish to make alterations or improvements to their leased space. It may cover aspects such as obtaining necessary permits, compliance with building codes, and restoration obligations upon lease termination. 4. Environmental Compliance Addendum: This addendum highlights the tenant's duty to comply with all environmental laws and regulations. It may include provisions for hazardous waste disposal, pollution prevention, and necessary remediation in case of environmental damage caused by the tenant's activities. 5. Signage Addendum: This addendum governs the tenant's rights to display signage for their business within the shopping center. It addresses the size, location, and permissible types of signage, ensuring consistency while adhering to any local ordinances and regulations. It is crucial to consult a legal professional or an attorney specializing in real estate law to draft or review a New Hampshire Addendum to Shopping Center Lease to ensure compliance with state laws and regulations. This addendum protects the rights and obligations of both the landlord and the tenant, promoting a fair and successful leasing relationship.

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New Hampshire Addendums to Shopping Center Lease