September 18, 2006—BOMA’s new Lease Guide walks building owners through the complex language of today’s leases and provides hundreds of easy-to-read footnotes that provide answers and suggestions to the toughest lease topics, says BOMA.New sections on The Patriot Act and telecommunications are emphasized.
The guide includes a model form prime Lease Agreement, oriented towards office use but with annotations addressing retail concepts as well; a model form Guaranty of Lease; and a model form Sublease. The documents have been written to stand alone but can easily be used in any combination or as a complete set of three if necessary.
Additionally, a CD-ROM is provided with modifiable copies of the Lease, Sub-Lease and Guaranty of Lease. When used in conjunction with the Lease Guide, and appropriate legal advice when necessary, these documents provide excellent tools for both landlords and tenants in lease negotiations, says BOMA.
The price for BOMA members is $36.75; nonmembers pay $52.50. To order, visit the BOMA Web site.
