Draft_TEST CODE - Real Estate Tech Solutions
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Lease IDLease NameProperty NameAddressSizeLease TermCommencement DateExpiration DateCommentsAction
001Office Lease 1Main Street Tower123 Main St1,500 sq ft3 years2024-01-012027-01-01
002Retail Lease 5Mall Plaza456 Shopping Ave2,000 sq ft5 years2023-08-152028-08-15
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General Information

Landlord Name: John Doe
Tenant Name: Jane Smith
Commencement Date: 2024-01-01
Expiration Date: 2024-12-31
Lease Term: 1 year
Lease Type: NNN
Primary User: Office
Address: 456 Leased Ave
Property Name: 123 Main St
Prorata Share: 20%

Expenses

Expense TypeJan 2024Feb 2024Mar 2024April 2024May 2024
Rent$2000$2000$2000$2000$2000
Opex$500$500$500$500$500
Total$2500$2500$2500$2500$2500

Common Area Maintenance Charges

ExpensesIncluded in Lease
Capital CostNo
Employee SalariesNo
Management FeesYes
UtilitiesYes
InsuranceYes
Landscaping and Grounds Maintenance:Yes
SecurityYes
MaintenanceYes
HVAC SystemYes

Clauses

Clause NameDescription
Operating Expense Operating Expenses shall encompass, without limitation, property management fees, real estate taxes, property insurance, common area maintenance costs, utilities, janitorial services, landscaping, security, and any other costs deemed necessary for the proper operation and maintenance of the property.
Usage Space must be used for office purposes only.

Options

OptionDescriptionNotice Start DateNotice End DateEffective PeriodStatusDelivery MethodAction
RenewalDescription for Renewal option2024-09-012024-10-012025-01-01 to 2026-01-01ActiveEmail
TerminationDescription for Termination option2025-02-012025-03-012025-06-01 to 2025-09-01ExpiredEmailUnable to Action