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Form #1171Construction of Building by Lessee
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Construction of building
by lessee.
1. Description of Building To Be Erected and
Agreements Pertaining Thereto. It is agreed that there shall be erected and
constructed upon the lands described above, a building in accordance with the
detailed plans and specifications described above which have heretofore been
duly approved in writing by the landlord and tenant and are incorporated herein
by reference. Any changes or alterations requested by the tenant shall be
agreed upon in advance in writing between the landlord and tenant, and the
landlord and tenant shall further agree as to the amount to be paid by the
tenant to the landlord in connection with any such changes or alterations and
the method of payment therefor, and in the event such alterations or
improvements result in an increase or decrease in rental provided for by this
lease, then the same shall be confirmed in writing by landlord and tenant, and
shall constitute an amendment to this lease. If applicable, any such agreement
shall further provide for any extension in the time of commencement of this
lease term.
2. Completion of Construction and Commencement of
Term. _________, the general contractor engaged to construct the improvements,
and tenant to the extent it is so obligated, agree to diligently pursue the
construction of the building upon the premises so as to have the same completed
and ready for full occupancy by the tenant not later than _________[year],
in order to facilitate the immediate commencement of full production by tenant.
Notwithstanding anything herein to the contrary, if the premises are not ready
for occupancy on such date, the term of this lease shall commence and take
effect, and the rent shall be payable by the tenant at the time that _________,
general contractor for the erection of the building, has completed its obligations
as set forth in the plans and specifications, as may be amended. The landlord
and tenant agree that the exact date of commencement of this lease is _________[year].
If such commencement date does not fall on the first of the month, rent shall
be prorated for the first and last months of this lease in accordance with the
respective periods of tenant's occupancy during such months, so that all other
rental periods may start on the first of the month.
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legal council before engaging in any action based upon content contained on this
site.
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or any other commercial use is prohibited. This includes reposting forms from this
site to another site offering free legal or other document forms for download.
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form, and you agree to abide by these terms. It is highly recommended that you have
a licensed attorney review any legal documents for which you are searching in order
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Your use of this site constitutes your acceptance of our terms of use and your agreement
to hold this site, its officers, employees and any contributors to this site harmless
for any damage you might incur from your use of any submissions contained on this
site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com
is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
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Keywords: Construction of Building by Lessee, Real Estate, Lease, Free Forms
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