Tenant Improvement and Leasing Commission Reserve (Commercial Real Estate Loan Agreement) | Practical Law

Tenant Improvement and Leasing Commission Reserve (Commercial Real Estate Loan Agreement) | Practical Law

A set of Standard Clauses used in commercial real estate loan agreements and security agreements to establish a reserve account for paying tenant improvements and leasing commissions for property leases as those costs become due during the loan term. These Standard Clauses describe how tenant improvement and leasing commission reserves are funded and disbursed. They contain integrated notes with important explanations and drafting and negotiating tips for all loan parties.

Tenant Improvement and Leasing Commission Reserve (Commercial Real Estate Loan Agreement)

Practical Law Standard Clauses w-020-3779 (Approx. 13 pages)

Tenant Improvement and Leasing Commission Reserve (Commercial Real Estate Loan Agreement)

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A set of Standard Clauses used in commercial real estate loan agreements and security agreements to establish a reserve account for paying tenant improvements and leasing commissions for property leases as those costs become due during the loan term. These Standard Clauses describe how tenant improvement and leasing commission reserves are funded and disbursed. They contain integrated notes with important explanations and drafting and negotiating tips for all loan parties.