The Puerto Rico Agreement to Lease Commercial Property with Building on the Property to be Built by Lessor involves the agreement between a lessor and a lessee for the lease of commercial property that includes the construction of a new building by the lessor on the property, after the demolition of the present building. This type of agreement is particularly relevant for businesses looking to lease a property in Puerto Rico where a new building is necessary or desired. The Puerto Rico Agreement to Lease Commercial Property with Building on the Property to be Built by Lessor generally includes detailed clauses specifying the terms and conditions related to the construction of the new building, the timeline for completion, the allocation of costs and responsibilities, and the lease terms for the commercial space once the building is completed. Some relevant keywords that can be used to describe this type of agreement include: 1. Puerto Rico commercial property lease with building construction 2. Lessor-built commercial property lease agreement in Puerto Rico 3. Demolition and construction of building agreement in Puerto Rico 4. Commercial property lease with lessor-built building in Puerto Rico 5. Lease agreement for property with demolition and new building construction in Puerto Rico It's important to note that variations of this agreement may exist depending on specific circumstances or requirements. For example, the agreement may involve a partial demolition or remodeling of the present building, rather than a complete demolition. Additionally, the terms and conditions can differ based on the size, location, and intended use of the commercial property. Thus, it is crucial for both parties involved to carefully review and customize the agreement to meet their specific needs and circumstances.