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44
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20
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Brandon Shewbridge
  • Virginia Beach, VA
20
Votes |
44
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Maintenance and upkeep clause like triple-net in residential

Brandon Shewbridge
  • Virginia Beach, VA
Posted

I have an opportunity to rent out a property to a corporation to house employees on a temporary basis. This is likely to be an extended term lease (multiple years) and I would like to structure it such that the corporation is responsible for the maintenance and upkeep of the property as a traditional commercial lease in a triple net environment would read. (This is not a true triple net as we will be covering taxes, and insurance.)  I'm looking for the lease to cover all structural, mechanical systems, electrical, plumbing, appliances, interior, exterior, roof, landscape, hardscape, etc.

I have an existing lease already that is solid, but I am looking for Clause samples with T's and C's for the maintenance component. If anybody has anything they would like to share it would be greatly appreciated.