Office Space Lease Agreement (OSLA) Provision
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An Office Space Lease Agreement (OSLA) Provision is a real-estate rental agreement provision for office lease agreement.
- Context:
- It can (typically) be associated with an OSLA Clause.
- It can (typically) be associated with an OSLA Article.
- It can (typically) reference by OLA Sentences.
- ...
- Example(s):
- OLA Access Hours Provision: Landlord access hours for inspections. (OLA access clause), such as:
- “Landlord shall have access to the premises for inspections between 9:00 AM and 5:00 PM on business days."
- OLA ADA Compliance Provision: Compliance with disability laws. (OLA compliance with Laws clause), such as:
- “Tenant shall comply with all applicable laws regarding accessibility for disabled persons."
- OLA Affiliate Transfer Provision: Allow transfer to affiliated company. (OLA assignment/Subletting clause), such as:
- “Tenant may transfer this lease to an affiliated company with prior written consent from the landlord."
- OLA After Hours HVAC Provision: Request HVAC during non-business hours. (OLA business Hours clause), such as:
- “Tenant may request HVAC services during non-business hours at a rate to be determined by the landlord."
- OLA Audit Rights Provision: Landlord can audit tenant records. (OLA Records clause), such as:
- “Landlord shall have the right to audit tenant's records relevant to lease compliance upon reasonable notice."
- OLA Brokers Provision: Identifies brokers involved. (OLA Miscellaneous clause), such as:
- “Brokers XYZ and ABC were instrumental in this lease agreement and shall be compensated according to the separate broker agreement."
- OLA Casualty Damage and Restoration-Related Provisions, (in a OLA casualty clause), such as:
- ...
- OLA Choice of Law Provision: Governing law jurisdiction. (OLA Governing Law clause), such as:
- “This lease shall be governed by the laws of the State of XYZ."
- OLA Confidentiality Provision: Require confidential treatment of business information. (OLA Use clause), such as:
- “Tenant shall treat all business information regarding the premises as confidential."
- OLA Conditional Limitations Provision: Landlord can recover premises if conditions met. (OLA Defaults clause), such as:
- “Landlord may recover the premises if tenant fails to meet the specified conditions."
- OLA Default Notice Provision: Default notice requirements. (OLA Notices of Default clause), such as:
- “Any notice of default must be provided in writing and comply with the notice requirements set forth in this lease."
- OLA Early Termination Notice Provision: Tenant early termination notice and fee requirements. (OLA Termination clause), such as:
- “Tenant may terminate this lease early with 60 days' notice and payment of an early termination fee."
- OLA Entire Agreement Provision: Entire agreement statement. (OLA Integration clause), such as:
- “This lease constitutes the entire agreement between the parties and supersedes all prior communications."
- OLA Environmental Inquiry Provision: Landlord can investigate environmental conditions. (OLA Hazardous Materials clause), such as:
- “Landlord reserves the right to investigate environmental conditions as they pertain to hazardous materials."
- OLA Estoppel Certificate Provision: Tenant verifies lease terms when signed. (OLA Certification clause), such as:
- “Tenant agrees to verify lease terms with a signed estoppel certificate upon landlord's request."
- OLA Exclusive Use Provision: Tenant has exclusive use of certain facilities. (OLA Permitted Use clause), such as:
- “Tenant shall have exclusive use of the designated conference rooms during the lease term."
- OLA Fitness Center Use Provision: Tenant can access building fitness center. (OLA Amenities clause), such as:
- “Tenant shall have access to the building's fitness center during operating hours."
- OLA Force Majeure Delay Provision: Extensions for events beyond reasonable control. (OLA Force Majeure clause), such as:
- “Neither party shall be liable for delays due to events beyond reasonable control, such as natural disasters."
- OLA Garage Parking Provision: Tenant parking access in building garage. (OLA Parking clause), such as:
- “Tenant is granted access to three parking spaces in the building's garage."
- OLA Generator Use Provision: Tenant can install and operate generator. (OLA Utility Installations clause), such as:
- “Tenant may install and operate a generator in designated areas with prior written consent from the landlord."
- OLA Keys and Locks Provision: Rules for keys and lock changes. (OLA Alterations clause), such as:
- “Tenant may change locks with notice to the landlord and must provide a copy of all keys."
- OLA Legal Compliance Provision: Requires compliance with all applicable laws. (OLA Compliance clause), such as:
- “Tenant shall comply with all federal, state, and local laws and regulations applicable to the use of the premises."
- OLA Liability Cap Provision: Limits recoverable damages amount. (OLA Waivers clause), such as:
- “Tenant's liability under this lease shall not exceed the total rent paid during the lease term."
- OLA Maintenance Standards Provision: Tenant required maintenance duties. (OLA Maintenance clause), such as:
- “Tenant shall maintain the premises in a clean and orderly manner."
- OLA Mediation Provision: Requires mediation attempt before litigation. (OLA Dispute Resolution clause), such as:
- “Parties shall attempt mediation before resorting to litigation in any dispute arising under this lease."
- OLA Memorandum of Lease Provision: Can publicly record short form lease summary. (OLA Recording clause), such as:
- “A short form lease summary may be recorded in the public records at the landlord's discretion."
- OLA Mortgagee Protection Provision: Tenant recognizes rights of landlord's mortgage holder. (OLA Subordination clause), such as:
- “Tenant recognizes the rights of any mortgage holder of the landlord and shall not impair such rights."
- OLA Move-Out Condition Provision: Required condition upon tenant move out. (OLA Surrender clause), such as:
- “Tenant shall leave the premises in a clean and undamaged condition upon move out."
- OLA Notices Provision: Official notice procedures. (OLA Notices clause), such as:
- “All official notices shall be sent via certified mail to the addresses provided in this lease."
- OLA Parking Allocation Provision: Number or type of parking spaces for tenant. (OLA Parking clause), such as:
- “Tenant is allocated two parking spaces in the building's parking facility."
- OLA Relocation Provision: Allowing landlord to relocate tenant between offices. (OLA Relocation clause), such as:
- “Landlord may relocate tenant to a similar office space within the building with 30."
- ...
- OLA Access Hours Provision: Landlord access hours for inspections. (OLA access clause), such as:
- Counter-Example(s):
- See: Commercial Lease, Rental Agreement, Tenant Rights, Property Law.