Answer
Apr 11, 2022 - 11:31 AM
Hi,
At this time we don't - but yours isn't the first inquiry that we have received like this.
Generally, I think some of the same principles apply:
1. Limit the term of the lease unless the lessee is willing to commit long term as well
2. Require insurance from the lessee
3. Do not allow subleasing
4. Require removal of equipment at the expiration or termination of the lease
5. Every lease should have a definitive start date or if they aren't sure when they plan on constructing the site, should have an option and option payment.
6. They should be required to get your approval for any equipment or installation.
7. They should be responsible for getting permits and paying any fees.
8. They should be responsible for any taxes attributable to their improvements.
9. They should not have the right to expand the facility without your approval.
10. The lease should have clear language that they are responsible for any hazardous waste from their equipment/battery storage.
Hope this helps.
Ken
At this time we don't - but yours isn't the first inquiry that we have received like this.
Generally, I think some of the same principles apply:
1. Limit the term of the lease unless the lessee is willing to commit long term as well
2. Require insurance from the lessee
3. Do not allow subleasing
4. Require removal of equipment at the expiration or termination of the lease
5. Every lease should have a definitive start date or if they aren't sure when they plan on constructing the site, should have an option and option payment.
6. They should be required to get your approval for any equipment or installation.
7. They should be responsible for getting permits and paying any fees.
8. They should be responsible for any taxes attributable to their improvements.
9. They should not have the right to expand the facility without your approval.
10. The lease should have clear language that they are responsible for any hazardous waste from their equipment/battery storage.
Hope this helps.
Ken
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