Commercial Lease Abstract Template
Begin end payment frequency annual amount monthly amount annual psf notes percentage rent notes lease options renewal option notice start effective start notice end effective end.
Commercial lease abstract template. Lease terms to be at 90 of market with. Its sometimes overlooked that a lease abstract is a vital part of the selling process. If the content is not legible or not well organized this can become frustrating to reader whos trying to glean the most salient facts of a lease in a quick and efficient matter. This document is prepared before the composition of the actual lease document and it sums up all the cardinal features of the lease in a cogent and shortened manner.
Do you need a lease abstract template for a commercial real estate lease. A complete tenant guide lease ref. A lease abstract template is a document which outlines the information that a lease must contain in a schematic form. Download and create your own document with lease abstract template word 140kb 1 pages for free.
Our process for commercial real estate lease abstracts. Tenant shall have a right to extend the lease with notice to landlord exhibit f between 308 908. Lease abstract template additional information missing documents unexecuted documents others. Basically you want to include any major deal points that were negotiated into the lease.
Confused by your commercial lease. Inclusion of location or property identification is mandatory while making a lease abstract templateall types of file formats like psd pdf and ms word are supportedapart from that tenant name and rental rate must be mentioned. Isnt a lease abstract made just for your records after a transaction is completed. Corporate real estate advisors attn.
Cheryl stafford 8060 east eastman avenue 200 denver colorado 80231. It usually includes all of the information you listed but also includes important dates in the lease rental rate adjustments option periods etc. Taxes and lease commencement are included too.