This office lease clause lists a way to provide for variances between the rentable area of a "to be built" demised premises and the actual area after construction.
Allegheny Pennsylvania Re measurement Clause is a legal provision used when discrepancies arise between the rentable and actual area of a space being constructed. This clause is commonly employed in lease agreements and helps determine the accurate measurement of a rented space, ensuring fair calculations of rent, utilities, and other charges. The purpose of the Allegheny Pennsylvania Re measurement Clause is to provide a mechanism for reevaluating the lease agreement if significant differences are found between the square footage initially specified and the actual area that is delivered. This clause protects both the tenant and the landlord from potential disputes that may arise due to inaccurate measurements. There are different types of Allegheny Pennsylvania Re measurement Clauses, including the: 1. Gross Area Remeasurement Clause: This clause focuses on the total square footage of the leased space, including both rentable and non-rentable areas (such as hallways, staircases, and common areas). This type of clause allows adjustments in the overall square footage to determine the accurate rent. 2. Rentable Area Remeasurement Clause: Unlike the gross area clause, the rentable area clause focuses solely on the square footage that can be directly rented or utilized by the tenant. It excludes the space consumed by common areas and facilities shared by multiple tenants. This clause ensures accurate rent calculations based on the usable area of the rented space. 3. Usable Area Remeasurement Clause: In some cases, a lease agreement may specify the exact usable area of the space to be constructed. The usable area refers to the actual space that can be occupied, excluding walls, columns, and unusable areas. This type of clause allows for adjustments if the delivered usable area differs significantly from the initially specified measurement. The Allegheny Pennsylvania Re measurement Clause protects the interests of both tenants and landlords by ensuring transparency and fairness in the measurement of rentable areas. It allows a reassessment of the lease agreement if discrepancies exist between the anticipated and actual square footage. This clause acts as a safeguard, preventing potential conflicts and promoting equitable leasing practices in Allegheny, Pennsylvania.Allegheny Pennsylvania Re measurement Clause is a legal provision used when discrepancies arise between the rentable and actual area of a space being constructed. This clause is commonly employed in lease agreements and helps determine the accurate measurement of a rented space, ensuring fair calculations of rent, utilities, and other charges. The purpose of the Allegheny Pennsylvania Re measurement Clause is to provide a mechanism for reevaluating the lease agreement if significant differences are found between the square footage initially specified and the actual area that is delivered. This clause protects both the tenant and the landlord from potential disputes that may arise due to inaccurate measurements. There are different types of Allegheny Pennsylvania Re measurement Clauses, including the: 1. Gross Area Remeasurement Clause: This clause focuses on the total square footage of the leased space, including both rentable and non-rentable areas (such as hallways, staircases, and common areas). This type of clause allows adjustments in the overall square footage to determine the accurate rent. 2. Rentable Area Remeasurement Clause: Unlike the gross area clause, the rentable area clause focuses solely on the square footage that can be directly rented or utilized by the tenant. It excludes the space consumed by common areas and facilities shared by multiple tenants. This clause ensures accurate rent calculations based on the usable area of the rented space. 3. Usable Area Remeasurement Clause: In some cases, a lease agreement may specify the exact usable area of the space to be constructed. The usable area refers to the actual space that can be occupied, excluding walls, columns, and unusable areas. This type of clause allows for adjustments if the delivered usable area differs significantly from the initially specified measurement. The Allegheny Pennsylvania Re measurement Clause protects the interests of both tenants and landlords by ensuring transparency and fairness in the measurement of rentable areas. It allows a reassessment of the lease agreement if discrepancies exist between the anticipated and actual square footage. This clause acts as a safeguard, preventing potential conflicts and promoting equitable leasing practices in Allegheny, Pennsylvania.
