Lease Abstract CAM Audit Glossary E
Environmental Provisions Describes the obligations of both the landlord and the tenant (including a description of any prohibited activities) to comply with any applicable environmental laws, plus any representations made by either party regarding any history of environmental issues related to either the property or premises.
Estoppel Certificate Defines the number of days each party has to respond to a request for an estoppel certificate and whether the requirement applies to both tenant and landlord.
Exclusive Use Describes the rights of use that are exclusive to the tenant.
Expansion Explains all aspects of the tenant’s improvement allowance including the effective date, description of encumbered space, notice requirements, whether or not the option is automatic and rental terms.