Code |
Meaning |
Description |
ALT |
Alterations |
Allows the lessee to make alterations to the leased space. May require landlord approval |
ASGNPRK |
Assigned Parking |
Assigned Parking |
AUDIT |
Audit by CPA |
Right to audit gives the privilege to audit the landlord's books to the tenant |
ENVIR |
Environmental |
Environmental statements as to previous contaminants held/harmless and/or presence of said material |
HLDOVR |
Holdover |
Allows the lessee continuance on the leased property after the natural expiration of the lease. |
OTHER |
Other |
Other rights contained in the lease that are not specifically categorized |
OTSTOR |
Outside Storage |
Allows the lessee usage of supplemental storage space |
PRK |
Parking |
Identifies the parking spaces for the lessee. |
QTENJ |
Quiet Enjoyment |
Right of lessee to use property w/o noise/disturbance from other lessees |
REFUSE |
Refusal |
Lessor holds right to refuse to lease space once available till such time the space is made available to public. |
RESTR |
Restoration |
Outlines ideal condition of property upon its return to the lessor. |
ROOF |
Roof Rights |
Allows user to place objects such as antenna, satellite dishes on a pre-disclosed part of the roofing. |
SUBASGN |
Sublease/Assign |
Allows the lessee to sublease the property or assign rights. May require landlord approval |