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.
Provision Limiting Rights of Landlord to Lease Space in the Building to Tenant Competitors
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Multi-State
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US-OL23011
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How to fill out Provision Limiting Rights Of Landlord To Lease Space In The Building To Tenant Competitors?
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FAQ
The Letter of Intent should include the names of the parties negotiating, such as the name of the Tenant and the Property Owner/Landlord, and a list of industry standard list items. You should also include items that are important to your business when leasing commercial real estate.
Most leases and rental agreements include a clause in which the tenant agrees that the premises are in habitable (livable) condition and promises to alert the landlord to any defective or dangerous condition. Tenant's repair and maintenance responsibilities.
Names of All Tenants and Occupants. Description of Rental Property. Term of the Tenancy. Rental Price. Security Deposits and Fees. Repair and Maintenance Policies. Landlord's Right to Enter Rental Property. Rules and Important Policies.
Lease provisions are usually described as "boilerplate," since many leases use standard language. Boilerplate language in a lease may include the terms of the lease, payment dates, and late fees, among others. But unusual issues sometimes crop up.
Names of all tenants. Limits on occupancy. Term of the tenancy. Rent. Deposits and fees. Repairs and maintenance. Entry to rental property. Restrictions on tenant illegal activity.
If an issue crops up after a lease has begun, you can still add a clause or addendum. You will just need to send your tenant written notice of the change, preferably with a lease amendment, and then get your tenant's signature on the new amendment.
Lease provisions are usually described as "boilerplate," since many leases use standard language. Boilerplate language in a lease may include the terms of the lease, payment dates, and late fees, among others.
What are Lease Clauses? Unlike lease rules that you decide, clauses are typically written specifically to comply with state and local landlord-tenant laws and are written in legal jargon.
Exclusive possession; determinate term; term less than that of grantor.
