Businesses are required to ensure their location is accessible to disabled persons.  Expenses incurred to comply with the ADA are frequently borne by the Tenant unless negotiated.

Changes made within your leased premises.

Describes how the Tenant’s space will be turned over after the lease is executed. 

Circumstances that would allow you to lease or not to lease your space to another Tenant.

Agreement as to who pays the Attorney's fees if a disagreement ends in court.

To agree to be tenant to a new owner or Landlord of the same property.

Dollar figure used to reflect when additional rent will be paid to Landlord.

Expenses incurred by the Landlord to maintain the buildings common areas, including but not limited to, lobbies, hallways, parking lots, lighting expenses and requirements, security, advertising, etc

Condemnation refers to the legal acquisition of property by a local government or other private entities.

An index used to escalate rent or prorata charges to keep up with inflation.  A negotiated clause with CPI is sometimes used and sometimes negotiated out of the lease form.

Tenants rights when a specified anchor or tenant vacates the shopping center property.

Circumstances when Tenant or Landlord does not fulfill the respective responsibility per lease.

Area being leased. Typically measured as follows: Outside of front wall to outside of back wall equals the depth of space number.  Middle of the left wall to middle of the right wall equals width number.  Multiply these two numbers together for total square footage.  Interior measurements do not reflect the demised premises.  If free-standing or “end cap” (end tenant in a row of tenants) width of space will include the entire width of outside wall thickness.

Up-front money required by Landlord.

End tenant in a row of tenants.

The date you will no longer be entitled to lease the space (unless an option is exercised).

Explains a tenants duty to provide a signed document that compiles with the lease terms.

Tenants rights to be the only tenant within a shopping center to sell a certain type of item or items.

Landlord or tenant allowed to keep or maintain something that does not conform to current codes or standards. (Example: oversized sign)

Tenant pays a fixed amount per square footage and Landlord operating expenses (CAM, taxes, insurance) combined.

Remain in space after the end of term expires without negotiating or signing a lease extension.

Required hours to be opened based on day of week.

Heating, ventilating and air conditioning.

An insurance bill for the building the Landlord owns.  Will pass on the prorata share of this expense to Tenant according to the size of the leased space.

Tenant pays a fixed amount per square footage.

Tenant pays a fixed amount per square footage and Landlord operating expenses (CAM, taxes, insurance) not included.

Lease exhibit which shows the entire shopping center with all tenants and their respective  labeled spaces.

CAM, Taxes, Insurance expenses explained separately.

Number of months or years in primary term of lease.

Tenant.

Landlord.

List of basic components (economic and legal) of a deal which Landlord and tenant execute to confirm their understand and agreement of initial terms.  Basis for the lease draft.

Landlord’s lender forecloses on a loan which is secured by the building housing your leased premise.

A deadline in the lease to notify the Landlord that the Tenant intends to stay in your space for the next negotiated period of time.

A provision that covers your rights to extend the lease past the current end of term.  A specific date is noted as a deadline to exercise this option.  The deadline is commonly referred to a an option notification deadline.

An agreed upon sales number when reached by tenant within a specific period of time will be paid to the Landlord. An additional amount of rent based on percentage.

Leased space.  May include square footage.

Combination of taxes, insurance and CAM (Common Area Maintenance)

A sign that lists tenants of particular shopping center. Usually located at entrance to shopping center. 

Negotiated clause based on the Landlord’s request for relocation of your business.

Circumstances when tenant or Landlord does not fulfill the respective responsibility per lease.

Amount paying for rented space.

Date rent payments start for leased space.

Changes made within your leased premises.

Up-front money required by Landlord paid by Tenant.

Allowance of installation of business signs. (Size, Location, etc) May include additional fees to be paid to the Landlord.

Circumstances that would allow you to lease or not to lease your space to another tenant

Landlord’s lender forecloses on a loan, which is secured by the building, housing your leased premise.

Tax bill from Landlord based on the size of space being leased.

Length of time for leased space.

Combination of taxes, insurance and CAM (Common Area Maintenance)

Lease fully executed and the Landlord has completed his required improvements to leased space.  Then "Turnover" takes place.

What is permitted to be sold or activity within leased premises.