System Real Estate Office Services

Facts

Checklists

  • Real Estate Lease Agreement Information Requirements
    1. The name, mailing address, and telephone of the System component acting in the capacity of lessor;
    2. Name, mailing address, telephone number, and fax number of lessee;
    3. Building name, street address, city, state, and zip code of leased space, or some other form of describing the subject property;
    4. Lease beginning and ending dates;
    5. Type of space leased (e.g. office, surface, agricultural, research, warehouse, storage, radio tower)
    6. Purpose of the Lease (must have a purpose aligned with educational mission);
    7. Amount of space leased (net usable square footage, linear feet, acres, or other)
    8. Lease contract rental rate in dollars;
    9. Whether the space is compliant with, or there is a contractual requirement for compliance with any federal or state laws or regulations, (e.g., the Americans with Disabilities Act, Texas Architectural Barriers Act, the Texas Department of Licensing and Regulation, etc.);
    10. Whether or not janitorial service is provided by the lessee as part of the Lease contract;
    11. Whether or not payment of utility bills is provided by the lessee as part of the Lease contract;
    12. Any other costs or obligations agreed to by the parties; and
    13. Any other information relevant to the Lease agreement.