A Riverside California Commercial Lease Agreement for Building to be Erected by Lessor is a legally binding contract between a lessor (property owner) and a lessee (tenant) for the lease of a commercial building that is yet to be constructed or completed. This type of lease agreement is common in situations where a developer or property owner intends to construct a building specifically tailored to the needs of a particular tenant. Here are some relevant keywords and types of Riverside California Commercial Lease Agreement for Building to be Erected by Lessor: 1. Triple Net (NNN) Lease: A type of lease where the tenant is responsible for paying not only the base rent but also additional expenses such as property taxes, insurance, and maintenance costs. 2. Ground Lease: This agreement allows the tenant to lease the land on which the building is to be erected, typically for a long-term period, while the tenant retains ownership of the building. 3. Build-to-Suit Lease: In this type of lease agreement, the lessor constructs a building as per the specifications provided by the tenant. The tenant usually enters into a long-term lease once the building is completed. 4. Standard Lease: This refers to a general commercial lease agreement that outlines the rights and responsibilities of both the lessor and lessee, without specific mention of the building being erected by the lessor. 5. Tenant Improvement (TI) Allowance: In some cases, the lessor might provide the lessee with a monetary allowance to make necessary improvements or alterations to the building before occupancy. A Riverside California Commercial Lease Agreement for Building to be Erected by Lessor typically includes important provisions such as lease term, rental amount, payment details, rights and obligations of both parties, construction timeline, tenant improvement allowances, maintenance responsibilities, use of premises, insurance requirements, dispute resolution, and lease termination conditions. It's crucial for both the lessor and lessee to thoroughly review and negotiate the terms of the agreement to protect their respective interests. Legal advice from an experienced attorney is recommended when entering into such lease agreements.