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Form #1017

Lease of Air Rights

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Lease of Air Rights Free Legal Form

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Lease of air rights.

This lease is made this _________ day of _________[month], _________[year], between _________ of _________, called lessor, and _________ of _________, called lessee.

Lessor in consideration of rents reserved and of agreements of lessee to be performed leases to lessee the following described premises in the city of _________, county of _________, and state of _________:   

All the air space above the following described land: _________, and at and above a horizontal plane _________ feet above [below] _________[determinable point or level of as permanent nature as possible, e.g., sea level measured from the altitude monument of the United States Geological Survey on [at] _________, or above the established grade of the sidewalk on _________ Street and adjoining the land on the _________, or above the established grade of the sidewalk intersection at and adjoining the land at the _________ corner];

To have and to hold [etc.];

Together with the right to run columns and foundations from the demised air space to, on and into the land below in accordance with the drawings and specifications, marked "Exhibit A" and attached and incorporated as though fully here set forth, for the support of the building that lessee agrees to erect, reserving to lessor the right to use the land and the space above it and below the demised air space in any manner not inconsistent with the support of the building or its use for _________ as hereinafter provided, this reservation to lessor to include the right, without limitation of generality of the reservation, to erect buildings and structures on, above and below the land, attached to or surrounding the columns and foundations, of any height, either attached or not attached to the building.

[Add other desired provisions as to erection of building by lessee, taxes, special assessments, public service charges, rent and periodic adjustment thereof, assignment of lease, title to building, and purchase of it, on termination of lease, condemnation of property for public use, etc., as in title Leases.]



 
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Name of Firm Anonymous3
Total Forms Contributed 102
 

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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, 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.

Please note that the donator may have included different usage terms regarding this 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 to make sure that your needs are being properly and completely satisfied.

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: legal forms, easement, lease, air rights

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