Houston Leasing Information - Quality of Construction-Standard for Maintenance, Repairs
& Operations
This provision will ensure that the building will be constructed
and operated in a manner comparable to other comparable buildings, and
the building companies with all governmental laws and regulations. The
landlord should further guarantee a safe and healthy environment and
be responsible for providing security comparable to other comparable
buildings.
The Six Step Approach
Step 1: Analyze Requirements
Step 2: Analyze the Market
Step 3: Identify Opportunities
Step 4: Goals and Objectives
Step 5: Develop Strategy
Step 6: Execute Strategy
Key Issues in a Lease
A Tenant's Perspective
Non-Disturbance
Non-Disturbance and Memorandum of Lease
Tenant's Rights to Make Repairs
Assignment and Subletting
Abatement of Rent When Tenant Is Prevented from
Using Premises
Quality of Construction-Standard for Maintenance,
Repairs & Operations
Definition of Fair Market Rental Rate
Default by Tenant
Operating Costs, Taxes & Utilities
Tenant's Indemnification
Administration Fee