Abstracts by Sector

     
   

Investors/Owners Abstract

This Abstract provides a summary of the lease provisions most critical to REITS, privately held real estate investing companies and individual investors as they conduct due diligence prior to acquisition or seek to more effectively manage their existing portfolio. This Investors/Owners Abstract compiles the following lease provisions but does not include the provisions that are grayed out.

Basic Information about Lease Abstracts

  • Landlord
  • Tenant
  • Sublease
  • Property Address
  • Floor#
  • Suite#
  • Rentable Square Feet
  • Pro Rata Share
  • Business Hours*

Term

  • Lease Commencement Date
  • Lease Expiration Date

Rent

  • Base Rent
  • Renewal Rent
  • Rent Abatement
  • Security Deposit

Percentage Rent

  • Gross Sales - Inclusions*
  • Gross Sales - Exclusions*
  • Breakpoints*
  • Sales Reporting*
  • Landlord Audit Rights

Additional Rent

  • CAM/Operating Expenses
  • Real Estate Taxes
  • Base Year/Expense Stop
  • Gross Up
  • Landlord’s Insurance
  • Utilities-Premises
  • Marketing Fund*
  • After Hours HVAC
  • Landlord Services
  • Repairs/Maintenance

Tenant Options

  • Renewal
  • Termination
  • Purchase

Landlord Options

  • Termination
  • Relocation

Use/Restrictions

  • Permitted Use*
  • Exclusive Use
  • Tenant Radius Restrictions
  • Continuous Operation/Go Dark*
  • Co-Tenancy*
  • Landlord Restrictions*

Legal/Financial

  • Assignment and Subletting
  • Subordination/SNDA
  • Default
  • Estoppel Certificate

Miscellaneous

  • Tenant’s Insurance
  • Tenant Improvements

Additional Information

  • Guarantor
  • Brokers
  • Additional Documents
  • Missing/Conflicting Info