First Round of Comments Away

It's taken us (Attorney, wife, consultant and self) approximately two weeks to digest the details of the 67-legal-sized-page lease package from the mall's leasing company. Today we replied with a 10-page document detailing all of the terms we needed changed. To be fair, the lease isn't the entire 67 pages. It's broken up as follows:

• Cover page (1 page)


• Table of Contents (2 pages)


• Data Sheet (2 pages) - This is a sheet that details the business terms for the lease such as minimum rent, allowed use, radius, promotional fees, etc.


• Acknowledgements (2 pages)


• Standard Form (31 pages) - The real meat of the lease. Here is where they list the ways they can screw you.


• Construction Requirements (11 pages) - These are the main requirements for building out the space.


• Utility Requirements (3 pages) - These are the power, plumbing and other utility requirements for building out the space.


• Design Drawing Requirements (2 pages) - These are the requirements for the space design drawings.


• HVAC Requirements (2 pages) - These are the heating and central air conditioning requirements.


• Guarantee (9 pages) - The terms of the guarantee for the lease. Three pages per guarantee per guarantor.

Our comments, which were just on the main business points of the lease, not simply inserting "reasonably" here and there, were a total of 9 pages. We've sent them to the mall's attorney so now we have to sit and wait for a response.