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Abstraction of Clauses

Standard Clauses

Below are the Standard Clauses pulled in an Occupier abstraction:

  • Rent Commencement
  • Assignment & Subletting
  • CAM/Operating Expenses
  • Abated Rent
  • Surrender
  • Repairs and Maintenance(Tenant and Landlord)
  • Insurance
  • Hold Over
  • Default
  • Extension/Renewal Option
  • Auto-Renewal
  • Security Deposit
  • Tenant Termination Option
  • Parking
  • Force Majeure
  • Relocation Right
  • Expansion Option
  • Right of First Offer/Right of First Refusal
  • Property Taxes
  • Indemnity
  • Utilities
  • Tenant Improvement
  • Allowance
  • *Exclusive Use*
  • *Percentage Rent*
  • *Go Dark*

*Retail leases only*

Substituting, Replacing & Adding Clauses

If you would like to remove any clauses from the Occupier Standard to substitute another clause type, please let your Onboarding Manager know during the lease abstraction process. You may also add a new clause by contacting Onboarding but additional clauses may result in a fee.

 

Should you want to add a custom clause following your initial onboarding/abstraction phase, you can add the clause by following the steps outlined here.