INTRODUCTION TO "LEASE DATA BASE SUPPLEMENT"

     This study is intended to supplement an earlier compilation of lease 
clauses, "Lease Data Base," (November 1979).  Numerous changes, particularly 
in escalation clauses, have appeared in recent months, and many members 
contributed new material for this volume.
     The original report covered several categories of clauses not included 
here.  The two reports should thus be used in tandem to obtain complete 
coverage of common lease clauses.  (Section III of this study contains an 
index for this volume, as well as for the 1979 volume.)
     The clauses are organized under an alphanumeric plan which is designed to 
enable members to set up storage of the clauses in word processing or computer 
systems.  Following is that organization plan.

L00  Sample Title and Table of Contents Pages
L01  Parties and Grant
L02  Premises
     L02.1  Additional Space
L03  Rights Reserved to Lessor
     L03.1  Right of Entry
L04  Appurtenant Rights
L05  Term
     L05.1  Holding Over
L06  Rent
     L06.1  Escalation
L07  Quiet Enjoyment
L08  Use and Surrender
     L08.1  Signs
L09  Taxes and Assessments
L10  Utilities and Services
L11  Alterations
L12  Maintenance and Repairs
L13  Insurance
L14  Damage and Destruction
L15  Assignment and Subletting
L16  Subordination
L17  Condemnation
L18  Default and Remedies
L19  Right of First Refusal
L20  Renewal or Extension
L21  Option to Purchase
L22  Cancellation
L23  Notices
L24  Compliance with Laws
L25  Language, Captions, Headings
L26  Lessee's Statement
L27  Entire Agreement, Amendments, Binding Effect, Riders, Exhibits
L28  Severability, Invalidity
L29  Consent of Parties
L30  Attorney's Fees
L31  Brokers, Commissions
L32  Time
L33  Liens
L34  Arbitration
L35  Short-form Lease
L36  Guaranty
L37  Special Provisions
L38  Signature Page
L39  Miscellaneous

     IDRC has published much material on leasing, and several aspects of 
leasing have been covered at IDRC seminars.  A particularly good starting 
point for discovering the issues and problems associated with leasing can be 
found in the introduction to the 1979 study.  Further material published by 
the Council or in its professional journal, "Industrial Development," includes 
the following:
     
     A corporate tenant's view of lease escalation clauses.  Gabe, Vernon D.; 
ID 149:22-23 Ja'80
     Lease escalation clauses from the landlord's viewpoint.  Kelley, Blaine; 
ID 149:19-21 Ja'80
     Lease data base.  (IDRC research report no. 22) Robert E. Baird.
Atlanta:  Industrial Development Research Council, 1979
     Leases from the corporate tenant's viewpoint.  (Book review of "Lease 
Data Base," Robert E. Baird) ID 148:37 N'79
     The develop-or-rent decision.  Nolan, William T. ID 148:12-14 N'79
     New trends in office and warehouse leasing: › The corporate real estate 
manager's viewpoint.  Estey, Richard B. ID 148:5 S'79
     New trends in office and warehouse leasing:  The developer's viewpoint.
Toscano, James ID 148:3-5 S'79
     New trends in office and warehouse leasing:  The institutional landlord's 
viewpoint.  Dolson, Richard R. ID 148:2-3 S'79
     The net, net, net, net lease.  (A book review of "Wonderful World of Real 
Estate" by Emanuel B. Halper).  ID 145:18-21 My'76
     Buy or lease decision:  Motorola's approach to financial decision making.
(IDRC research report no. 18) Daniel C. Przybylski.  Atlanta:  Industrial 
Development Research Council, 1977
     A guide for leasing real and personal property.  ID 145:18-20 Mr'76
     Leases:  let them serve both parties.  Rankin, J. Kenneth ID 142:5-8 
My'73
     Leasing may cut costs in acquiring anti-pollution equipment.  Grossman, 
Howard ID 141:7-9 Ja'72
     A leasing policy guide.  (IDRC research report no. 3) Atlanta:  
Industrial Development Research Council, 1969
     A guide to the leasing decision.  Rutledge, John H. ID 138:16 S'69
     Leasing:  an integral part of raising capital.  ID 129:98-102 D'60
     Can lease financing help you?  Gant, Donald R. ID 129:6-11 Mr'60

     It is stressed that, in the publication of this study, IDRC is not 
seeking to give legal advice.  It is assumed that users will consult their 
attorneys when legal guidance is needed.
                                                                H.M.C., L.L.L.

Copyright 1995 Conway Data, Inc. All rights reserved Legal Notice: Because data comes from many sources, Conway Data can assume no responsibility for accuracy or currency.