Broward Florida Addendums to Shopping Center Lease

• Category: Landlord Tenant - Commercial Leases - Shopping Centers
• State: Multi-State
• County: Broward
• Control #: US-60947
• Format: Word; Rich Text

Description

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. Broward is a county located in the state of Florida, known for its vibrant culture, beautiful beaches, and thriving shopping centers. In the context of leasing commercial spaces within shopping centers, Broward Florida Addendums to Shopping Center Lease play a crucial role in defining the terms and conditions of the lease agreement. These addendums serve as supplemental documents to the original lease agreement, providing additional provisions and clarifications specific to the Broward County area. 1. Broward Florida Exclusive Use Addendum: This addendum ensures that the tenant has exclusive rights to operate a particular type of business within the shopping center. It prohibits the landlord from leasing space to any other tenant engaging in similar business activities, thus granting the tenant a competitive advantage. 2. Broward Florida Common Area Maintenance (CAM) Addendum: This addendum outlines the tenant's responsibilities for the maintenance and upkeep of common areas within the shopping center, such as parking lots, walkways, and outdoor spaces. It specifies the tenant's share of the CAM expenses, which can include landscaping, security, and janitorial services. 3. Broward Florida Tenant Improvement Addendum: This addendum regulates any modifications or improvements the tenant wishes to make to the leased space. It outlines the approval process, construction timelines, permitting requirements, and the extent to which the tenant can alter the premises. It also defines who will bear the costs associated with these improvements. 4. Broward Florida Operating Hours Addendum: This addendum specifies the operating hours for the tenant's business within the shopping center. It outlines any restrictions or requirements regarding the opening and closing times, ensuring compliance with local ordinances and maintaining consistency with other tenants. 5. Broward Florida Co-Tenancy Addendum: In certain cases, a shopping center lease may include a co-tenancy addendum, which addresses the tenant's right to terminate or renegotiate the lease if specific anchor tenants or a certain level of occupancy are not maintained within the shopping center. This addendum safeguards the tenant's interests, ensuring the shopping center remains a desirable and thriving business destination. When entering into a shopping center lease within Broward County, Florida, it is essential for both landlords and tenants to thoroughly review and understand these Broward Florida Addendums to Shopping Center Lease. The specific addendums included may vary depending on individual circumstances and negotiation terms.

Broward is a county located in the state of Florida, known for its vibrant culture, beautiful beaches, and thriving shopping centers. In the context of leasing commercial spaces within shopping centers, Broward Florida Addendums to Shopping Center Lease play a crucial role in defining the terms and conditions of the lease agreement. These addendums serve as supplemental documents to the original lease agreement, providing additional provisions and clarifications specific to the Broward County area. 1. Broward Florida Exclusive Use Addendum: This addendum ensures that the tenant has exclusive rights to operate a particular type of business within the shopping center. It prohibits the landlord from leasing space to any other tenant engaging in similar business activities, thus granting the tenant a competitive advantage. 2. Broward Florida Common Area Maintenance (CAM) Addendum: This addendum outlines the tenant's responsibilities for the maintenance and upkeep of common areas within the shopping center, such as parking lots, walkways, and outdoor spaces. It specifies the tenant's share of the CAM expenses, which can include landscaping, security, and janitorial services. 3. Broward Florida Tenant Improvement Addendum: This addendum regulates any modifications or improvements the tenant wishes to make to the leased space. It outlines the approval process, construction timelines, permitting requirements, and the extent to which the tenant can alter the premises. It also defines who will bear the costs associated with these improvements. 4. Broward Florida Operating Hours Addendum: This addendum specifies the operating hours for the tenant's business within the shopping center. It outlines any restrictions or requirements regarding the opening and closing times, ensuring compliance with local ordinances and maintaining consistency with other tenants. 5. Broward Florida Co-Tenancy Addendum: In certain cases, a shopping center lease may include a co-tenancy addendum, which addresses the tenant's right to terminate or renegotiate the lease if specific anchor tenants or a certain level of occupancy are not maintained within the shopping center. This addendum safeguards the tenant's interests, ensuring the shopping center remains a desirable and thriving business destination. When entering into a shopping center lease within Broward County, Florida, it is essential for both landlords and tenants to thoroughly review and understand these Broward Florida Addendums to Shopping Center Lease. The specific addendums included may vary depending on individual circumstances and negotiation terms.