Broward Florida Lease of Commercial Building with Lessor to Construct Building

• Category: Leases - Construction
• State: Multi-State
• County: Broward
• Control #: US-02415BG
• Format: Word; PDF; Rich Text

Description

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction. Broward Florida Lease of Commercial Building with Lessor to Construct Building is a legal document that outlines the agreement between a lessor and lessee for the lease of a commercial building in Broward County, Florida. This agreement is unique as it includes provisions for the lessor's obligation to construct or renovate the building prior to the lessee occupying the space. This lease type is commonly used in commercial real estate transactions in Broward County. The Broward Florida Lease of Commercial Building with Lessor to Construct Building can be categorized into different types depending on certain factors and provisions. Some of these types include: 1. Full-Service Lease with Construction: This type of lease agreement covers the cost of the building's construction or renovation by the lessor. The lessee pays a single, all-inclusive rent that includes both the use of the space and the cost of the construction. 2. Net Lease with Build-to-Suit: This type of lease agreement requires the lessee to pay a base rent plus additional expenses associated with the construction or renovation of the building. The lessee has greater control over the design and specifications of the building, ensuring it meets their specific needs. 3. Ground Lease with Development Covenant: In this type of lease agreement, the lessee leases only the land from the lessor, with the understanding that they will construct a commercial building on the leased property. The lessee retains ownership of the improvements made to the land. 4. Lease with Tenant Improvement Allowance: This lease agreement provides the lessee with an allocation or allowance to cover the cost of constructing or renovating the commercial building. The lessee is responsible for overseeing the construction process and choosing contractors. 5. Lease with Turnkey Construction: This type of lease agreement involves the lessor taking full responsibility for the construction or renovation of the commercial building. The lessee moves into the space once it is completed. Keywords: Broward Florida, Commercial Building, Lease, Lessor, Construct Building, Full-Service Lease, Net Lease, Build-to-Suit, Ground Lease, Development Covenant, Tenant Improvement Allowance, Turnkey Construction.

Broward Florida Lease of Commercial Building with Lessor to Construct Building is a legal document that outlines the agreement between a lessor and lessee for the lease of a commercial building in Broward County, Florida. This agreement is unique as it includes provisions for the lessor's obligation to construct or renovate the building prior to the lessee occupying the space. This lease type is commonly used in commercial real estate transactions in Broward County. The Broward Florida Lease of Commercial Building with Lessor to Construct Building can be categorized into different types depending on certain factors and provisions. Some of these types include: 1. Full-Service Lease with Construction: This type of lease agreement covers the cost of the building's construction or renovation by the lessor. The lessee pays a single, all-inclusive rent that includes both the use of the space and the cost of the construction. 2. Net Lease with Build-to-Suit: This type of lease agreement requires the lessee to pay a base rent plus additional expenses associated with the construction or renovation of the building. The lessee has greater control over the design and specifications of the building, ensuring it meets their specific needs. 3. Ground Lease with Development Covenant: In this type of lease agreement, the lessee leases only the land from the lessor, with the understanding that they will construct a commercial building on the leased property. The lessee retains ownership of the improvements made to the land. 4. Lease with Tenant Improvement Allowance: This lease agreement provides the lessee with an allocation or allowance to cover the cost of constructing or renovating the commercial building. The lessee is responsible for overseeing the construction process and choosing contractors. 5. Lease with Turnkey Construction: This type of lease agreement involves the lessor taking full responsibility for the construction or renovation of the commercial building. The lessee moves into the space once it is completed. Keywords: Broward Florida, Commercial Building, Lease, Lessor, Construct Building, Full-Service Lease, Net Lease, Build-to-Suit, Ground Lease, Development Covenant, Tenant Improvement Allowance, Turnkey Construction.