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.
Ohio Addendums to Shopping Center Lease are legal documents that provide additional terms and conditions specific to the state of Ohio, to be included as an attachment to a standard shopping center lease. These addendums ensure compliance with the state laws and regulations, protecting the rights and interests of both landlords and tenants involved in leasing shopping center spaces in Ohio. There are a few different types of Ohio Addendums to Shopping Center Lease that address specific issues or modifications to the lease agreement. Some common types include: 1. Maintenance and Repairs Addendum: This addendum outlines the responsibilities of the landlord and the tenant regarding the maintenance, repairs, and upkeep of the shopping center premises. It specifies who is responsible for what types of repairs, maintenance obligations, and the timeframe for addressing any issues that may arise during the lease term. 2. Alterations and Improvements Addendum: This addendum details the process, restrictions, and requirements for any alterations, renovations, or improvements that the tenant wishes to make to the leased space within the shopping center. It may include provisions related to obtaining necessary permits, landlord approval, and restoration obligations upon lease termination. 3. Common Area Use Addendum: This addendum focuses on the rights and obligations of both the landlord and the tenant in relation to the shared or common areas within the shopping center. It addresses matters such as maintenance, usage restrictions, allocation of costs for repairs, and rules for common area improvements or enhancements. 4. Parking Addendum: This type of addendum specifically addresses parking-related matters in the shopping center. It includes provisions related to permitted parking spaces, allocation of parking spots between tenants, customer parking, enforcement of parking regulations, and any fees or penalties associated with parking violations. 5. Security and Insurance Addendum: This addendum outlines the security requirements and expectations for both the landlord and the tenant in ensuring a safe shopping environment. It may cover topics such as security measures, emergency preparedness, insurance coverage obligations, liability limitations, and indemnification clauses. In summary, Ohio Addendums to Shopping Center Lease provide additional clauses tailored to the state of Ohio, covering various aspects such as maintenance, alterations, common areas, parking, security, and insurance. These addendums help protect the rights and interests of all parties involved in leasing shopping center spaces in Ohio.
Ohio Addendums to Shopping Center Lease are legal documents that provide additional terms and conditions specific to the state of Ohio, to be included as an attachment to a standard shopping center lease. These addendums ensure compliance with the state laws and regulations, protecting the rights and interests of both landlords and tenants involved in leasing shopping center spaces in Ohio. There are a few different types of Ohio Addendums to Shopping Center Lease that address specific issues or modifications to the lease agreement. Some common types include: 1. Maintenance and Repairs Addendum: This addendum outlines the responsibilities of the landlord and the tenant regarding the maintenance, repairs, and upkeep of the shopping center premises. It specifies who is responsible for what types of repairs, maintenance obligations, and the timeframe for addressing any issues that may arise during the lease term. 2. Alterations and Improvements Addendum: This addendum details the process, restrictions, and requirements for any alterations, renovations, or improvements that the tenant wishes to make to the leased space within the shopping center. It may include provisions related to obtaining necessary permits, landlord approval, and restoration obligations upon lease termination. 3. Common Area Use Addendum: This addendum focuses on the rights and obligations of both the landlord and the tenant in relation to the shared or common areas within the shopping center. It addresses matters such as maintenance, usage restrictions, allocation of costs for repairs, and rules for common area improvements or enhancements. 4. Parking Addendum: This type of addendum specifically addresses parking-related matters in the shopping center. It includes provisions related to permitted parking spaces, allocation of parking spots between tenants, customer parking, enforcement of parking regulations, and any fees or penalties associated with parking violations. 5. Security and Insurance Addendum: This addendum outlines the security requirements and expectations for both the landlord and the tenant in ensuring a safe shopping environment. It may cover topics such as security measures, emergency preparedness, insurance coverage obligations, liability limitations, and indemnification clauses. In summary, Ohio Addendums to Shopping Center Lease provide additional clauses tailored to the state of Ohio, covering various aspects such as maintenance, alterations, common areas, parking, security, and insurance. These addendums help protect the rights and interests of all parties involved in leasing shopping center spaces in Ohio.