[{"data":1,"prerenderedAt":526},["ShallowReactive",2],{"document-build-to-suit-agreement-D12990":3},{"document":4,"label":23,"preview":11,"thumb":24,"thumb600":25,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":26,"breadcrumb":30,"related":36,"customDescModule":182,"customdescription":6,"mdFm":183,"mdProseHtml":525},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":16,"keywords":15},"BUILD-TO-SUIT AGREEMENT This Build-to-Suit Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [FIRST PARTY NAME], (the \"Landlord\") an individual residing at: [YOUR COMPLETE ADDRESS] AND: [SECOND PARTY NAME], (the \"Tenant\") an individual residing at: [YOUR COMPLETE ADDRESS] WHEREAS, the Landlord is the owner of the Property which is depicted on the site plan attached hereto as Exhibit A; WHEREAS, the Landlord desires to construct the Building on the Property and to lease the Leased Premises to the Tenant, and the Tenant desires to lease the Leased Premises from the Landlord, all under the terms and conditions set forth below; NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: LEASE OF PREMISES The Landlord hereby leases the Premises to the Tenant under the terms and conditions more fully set forth herein. PREMISES The Premises shall consist of (a) the Property and (b) one Building containing approximately [SPECIFY AREA] rentable square feet constructed in accordance with Exhibit A attached hereto (the \"Building\"). The Property and the Building are collectively called the \"Premises.\" A preliminary site plan of the Premises and a depiction of the footprint of the Building to be constructed on the Property are attached hereto as Exhibit A, and are subject to modification by mutual agreement of the Parties. The Building has or is anticipated to have a street address of [ADDRESS]. TERM Initial Term. The initial lease term (the \"Initial Term\") shall be [NUMBER OF YEARS] full Lease Years (as hereinafter defined) (i.e., a total of [NUMBER OF TOTAL MONTHS] full calendar months plus any partial month) commencing on the Lease Commencement Date (as herein defined). The Initial Term and any exercised Renewal Term (defined below) shall be collectively known as the \"Term.\" Renewal Option. Provided that this Lease is then in full force and effect (and no Event of Default has occurred and is continuing on the date the Tenant delivers its Renewal Notice to the Landlord, the Tenant shall have the right to renew this Lease for three (3) renewal terms (each, a \"Renewal Term\") of five (5) years each, each immediately following the expiration of the Initial Term or the first or second Renewal Term, as the case may be, on the same terms, conditions, and provisions as are set forth in this Lease, provided that: the Tenant shall have notified the Landlord in writing of the Tenant's election to renew (the \"Renewal Notice\") at least eighteen (18) months prior to the date on which the Initial Term, or the applicable Renewal Term, as the case may be, expires. Time is of the essence with respect to the Tenant's exercise of its rights under this subparagraph, and the Tenant acknowledges that the Landlord requires strict adherence to the requirement that the Renewal Notice be made on a timely basis and in writing. If the Tenant fails to deliver a Renewal Notice on a timely basis, then the Tenant shall be deemed to have waived any and all remaining rights to renew the Term; there shall be no further right of renewal after the third Renewal Term. LEASE COMMENCEMENT DATE The \"Lease Commencement Date\" shall be (a) the date the Tenant takes occupancy of the Building for the conduct of the Tenant's intended business therein, or (b) the date which is [NUMBER OF DAYS] calendar days following Substantial Completion of the Landlord's Work. Lease Commencement Agreement. On the Lease Commencement Date (or such later date as the Landlord or Tenant may reasonably request), the Landlord and Tenant shall promptly enter into a supplementary written agreement, or in such other form as the Landlord or Tenant shall prescribe, thereby specifying the Lease Commencement Date and Rentable Area. RENT AND FINANCIAL MATTERS Security Deposit. The Tenant shall not be required to deliver, and has not delivered, any form of security deposit hereunder. Rental Obligation. Commencing on the Lease Commencement Date, the Tenant shall be obligated to pay and shall pay Basic Annual Rent. The Tenant agrees to pay the Landlord \"Basic Annual Rent,\" payable in equal monthly installments, at the rate of [RATE] x [AMOUNT] times the Rentable Area per year for the first (1st) Lease Year, which initial Basic Annual Rent is on a triple net basis, and which shall be increased each Lease Year thereafter by two and one-fourth percent (2.25%) of the previous Lease Year's Basic Annual Rent. Payment Procedure. Each installment of the Basic Annual Rent is due in advance on the first (1st) day of each and every month for which payment is due and shall be paid by electronic funds transfer in accordance with instructions provided to the Tenant by the Landlord as modified by the Landlord from time to time. Unless a different date for payment is provided for elsewhere in this Lease (including, without limitation, as provided with respect to the Landlord's Estimate of Operating Expenses and/or Taxes), all Additional Rent will be paid by the Tenant within thirty (30) calendar days after the Landlord has notified the Tenant of the amount due. The foregoing notwithstanding, the portion of Additional Rent which is attributable to the Landlord's Estimate of Operating Expenses and/or Taxes (as all of the foregoing terms are hereinafter defined) shall be paid on the first day of each month, together with the Tenant's payments of Basic Annual Rent. Partial Month Proration. If the Lease Commencement Date occurs on a day other than the first day of a month, then the Tenant will pay a prorated monthly installment of Basic Annual Rent and of the Additional Rent for the fractional part of such month. Rent Adjustment-Taxes. Commencing on the Lease Commencement Date, and during each Operating Year, the Tenant shall pay to the Landlord, as Additional Rent, with and at the same time as the payments of Basic Annual Rent are due, the Tenant's Share of the Landlord's then-current estimate of Taxes, prorated in equal amounts over the balance of the then-current Operating Year. The Landlord has the sole and exclusive right to contest any Taxes assessed against the Leased Premises (including the Building); provided, however, that in the event the Landlord does not elect to contest the Taxes assessed during any Operating Year, then the Landlord shall provide written notice thereof to the Tenant prior to the deadline to commence any such contest, in which event, the Tenant may require the Landlord to contest such Taxes on its behalf, provided that no Event of Default by the Tenant has occurred and is continuing. If the Landlord contests the Taxes, either by its election or the Tenant's direction, then the Landlord may (i) select such third-party providers as the Landlord deems prudent to assist in such proceedings, on either a fee-paid and/or contingent fee basis; and (ii) at the Landlord's discretion, include all reasonable expenses incurred by the Landlord (including attorneys' fees and court costs) in appealing any assessment as an item of Taxes for the purpose of computing Additional Rent due under this Lease and/or satisfy all or a portion of such expenses from the proceeds of any tax refunds received as a result of a successful assessment contest. The Tenant shall have the right to consult with any such third-party providers selected by the Landlord in connection with the contest of Taxes hereunder. The Tenant acknowledges that it bears the risk that a tax assessment appeal could result in a decision which increases the assessed value of the Leased Premises. UTILITIES Effective as of the Lease Commencement Date, all utilities shall be transferred directly to accounts in the Tenant's name and the Tenant shall pay directly to all utility providers all charges respecting the Leased Premises incurred during the Term",null,"Build To Suit Agreement","9",513,"doc","https://templates.business-in-a-box.com/imgs/1000px/build-to-suit-agreement-D12990.png","https://templates.business-in-a-box.com/imgs/250px/12990.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12990.xml",{"title":15,"description":6},"build to suit agreement",[17,20],{"label":18,"url":19},"Legal Agreements","/templates/business-legal-agreements/",{"label":21,"url":22},"Deeds","/templates/deed/","Build To Suit Agreement Template","https://templates.business-in-a-box.com/imgs/400px/12990.png","https://templates.business-in-a-box.com/imgs/600px/12990.png",[27,17,20],{"label":28,"url":29},"Templates","/templates/",[31,32,33],{"label":28,"url":29},{"label":18,"url":19},{"label":34,"url":35},"Real Estate & Leases","/templates/real-estate-and-leases/",[37,41,45,49,53,57,61,65,69,73,77,81,85,103,120,136,151,165],{"label":38,"url":39,"thumb":40,"extension":10},"How To Build a Brand","/template/how-to-build-a-brand-D13014","https://templates.business-in-a-box.com/imgs/250px/13014.png",{"label":42,"url":43,"thumb":44,"extension":10},"How To Build A Professional Website","/template/how-to-build-a-professional-website-D13707","https://templates.business-in-a-box.com/imgs/250px/13707.png",{"label":46,"url":47,"thumb":48,"extension":10},"Independent Contractor Agreement","/template/independent-contractor-agreement-D160","https://templates.business-in-a-box.com/imgs/250px/160.png",{"label":50,"url":51,"thumb":52,"extension":10},"Exclusive Contractor Agreement","/template/exclusive-contractor-agreement-D12807","https://templates.business-in-a-box.com/imgs/250px/12807.png",{"label":54,"url":55,"thumb":56,"extension":10},"Construction Agreement","/template/construction-agreement-D13002","https://templates.business-in-a-box.com/imgs/250px/13002.png",{"label":58,"url":59,"thumb":60,"extension":10},"Manufacturing Agreement","/template/manufacturing-agreement-D12795","https://templates.business-in-a-box.com/imgs/250px/12795.png",{"label":62,"url":63,"thumb":64,"extension":10},"Supply Agreement","/template/supply-agreement-D918","https://templates.business-in-a-box.com/imgs/250px/918.png",{"label":66,"url":67,"thumb":68,"extension":10},"Manufacturing and Supply Agreement","/template/manufacturing-and-supply-agreement-D12833","https://templates.business-in-a-box.com/imgs/250px/12833.png",{"label":70,"url":71,"thumb":72,"extension":10},"Agreement Between Owner and Contractor","/template/agreement-between-owner-and-contractor-D142","https://templates.business-in-a-box.com/imgs/250px/142.png",{"label":74,"url":75,"thumb":76,"extension":10},"Building Maintenance Agreement","/template/building-maintenance-agreement-D13817","https://templates.business-in-a-box.com/imgs/250px/13817.png",{"label":78,"url":79,"thumb":80,"extension":10},"Exclusive Supply Agreement","/template/exclusive-supply-agreement-D13420","https://templates.business-in-a-box.com/imgs/250px/13420.png",{"label":82,"url":83,"thumb":84,"extension":10},"Manufacturer Representative Agreement","/template/manufacturer-representative-agreement-D12727","https://templates.business-in-a-box.com/imgs/250px/12727.png",{"description":86,"descriptionCustom":6,"label":87,"pages":88,"size":89,"extension":10,"preview":90,"thumb":91,"svgFrame":92,"seoMetadata":93,"parents":94,"keywords":101,"url":102},"COMMERCIAL LEASE AGREEMENT This Lease Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Landlord\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [TENANT NAME] (the \"Tenant\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] DESCRIPTION OF PREMISES Landlord leases to Tenant the premises located at [address], [city], [state], and described more particularly as follows: [insert legal description]. GRANT OF LEASE Landlord, in consideration of the rents to be paid and the covenants and agreements to be performed and observed by the Tenant, does hereby lease to the Tenant and the Tenant does hereby lease and take from the Landlord the property described in Exhibit \"A\" attached hereto and by reference made a part hereof (the \"Leased Premises\"), together with, as part of the parcel, all improvements located thereon. LEASE TERM Total Term of Lease: The term of this Lease shall begin on the commencement date, as defined in Section b) of this Article 3, and shall terminate on [DATE]. Commencement Date: The \"Commencement Date\" shall mean the date on which the Tenant shall commence to conduct business on the Leased Premised, so long as such date is not in excess of [NUMBER] days subsequent to execution hereof. EXTENSIONS The parties hereto may elect to extend this Agreement upon such terms and conditions as may be agreed upon in writing and signed by the parties at the time of any such extension. DETERMINATION OF RENT The Tenant agrees to pay the Landlord and the Landlord agrees to accept, during the term hereof, at such place as the Landlord shall from time to time direct by notice to the Tenant, rent at the following rates and times: Annual Rent: Annual rent for the term of the Lease shall be [AMOUNT], plus applicable sales tax. Payment of Yearly Rent: The annual rent shall be payable in advance in equal monthly installments of one-twelfth (1/12th) of the total yearly rent, which shall be [AMOUNT], on the first day of each and every calendar month during the term hereof, and prorata for the fractional portion of any month, except that on the first day of the calendar month immediately following the Commencement Date, the Tenant shall also pay to the Landlord rent at the said rate for any portion of the preceding calendar month included in the term of this Lease. Reference to yearly rent hereunder shall not be implied or construed to the effect that this Lease or the obligation to pay rent hereunder is from year to year, or for any term shorter than the existing Lease term, plus any extensions as may be agreed upon. A late fee in the amount of [AMOUNT] shall be assessed if payment is not postmarked or received by Landlord on or before the tenth day of each month. USE OF PROPERTY BY TENANT The Leased Premises may be occupied and used by Tenant exclusively as a [DESCRIBE], to be known as a [DESCRIBE]. Nothing herein shall give Tenant the right to use the property for any other purpose or to sublease, assign, or license the use of the property to any Sub-Tenant, assignee, or licensee, which or who shall use the property for any other use. RESTRICTIONS ON USE Tenant shall not use the demised premises in any manner that will increase risks covered by insurance on the demised premises and result in an increase in the rate of insurance or a cancellation of any insurance policy, even if such use may be in furtherance of Tenant's business purposes. Tenant shall not keep, use, or sell anything prohibited by any policy of fire insurance covering the demised premises, and shall comply with all requirements of the insurers applicable to the demised premises necessary to keep in force the fire and liability insurance. WASTE, NUISANCE, OR UNLAWFUL ACTIVITY Tenant shall not allow any waste or nuisance on the demised premises, or use or allow the demised premises to be used for any unlawful purpose. DELAY IN DELIVERING POSSESSION This lease agreement shall not be rendered void or voidable by the inability of Landlord to deliver possession to Tenant on the date set forth in Section 3. Landlord shall not be liable to Tenant for any loss or damage suffered by reason of such a delay; provided, however, that Landlord does deliver possession no later than [date]. In the event of a delay in delivering possession, the rent for the period of such delay will be deducted from the total rent due under this lease agreement. No extension of this lease agreement shall result from a delay in delivering possession. SECURITY DEPOSIT The Tenant has deposited with the Landlord the sum of [AMOUNT] as security for the full and faithful performance by the Tenant of all the terms of this lease required to be performed by the Tenant. Such sum shall be returned to the Tenant after the expiration of this lease, provided the Tenant has fully and faithfully carried out all of its terms. In the event of a bona fide sale of the property of which the leased premises are a part, the Landlord shall have the right to transfer the security to the purchaser to be held under the terms of this lease, and the Landlord shall be released from all liability for the return of such security to the Tenant. TAXES Property Taxes: The Tenant shall be liable for all taxes levied against any leasehold interest of the Tenant or personal property and trade fixtures owned or placed by the Tenant in the Leased Premises. Real Estate Taxes: During the continuance of this lease Landlord shall deliver to Tenant a copy of any real estate taxes and assessments against the Leased Property. From and after the Commencement Date, the Tenant shall pay to Landlord not later than [NUMBER] days after the day on which the same may become initially due, all real estate taxes and assessments applicable to the Leased Premises, together with any interest and penalties lawfully imposed thereon as a result of Tenant's late payment thereof, which shall be levied upon the Leased Premises during the term of this Lease. Contest of Taxes: The Tenant, at its own cost and expense, may, if it shall in good faith so desire, contest by appropriate proceedings the amount of any personal or real property tax. The Tenant may, if it shall so desire, endeavor at any time or times, by appropriate proceedings, to obtain a reduction in the assessed valuation of the Leased Premises for tax purposes. In any such event, if the Landlord agrees, at the request of the Tenant, to join with the Tenant at Tenant's expense in said proceedings and the Landlord agrees to sign and deliver such papers and instruments as may be necessary to prosecute such proceedings, the Tenant shall have the right to contest the amount of any such tax and the Tenant shall have the right to withhold payment of any such tax, if the statute under which the Tenant is contesting such tax so permits. Payment of Ordinary Assessments: The Tenant shall pay all assessments, ordinary and extraordinary, attributable to or against the Leased Premises not later than [NUMBER] days after the day on which the same became initially due. The Tenant may take the benefit of any law allowing assessments to be paid in installments and in such event the Tenant shall only be liable for such installments of assessments due during the term hereof. ","Commercial Lease Agreement","19",145,"https://templates.business-in-a-box.com/imgs/1000px/lease-agreement-D1179.png","https://templates.business-in-a-box.com/imgs/250px/1179.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1179.xml",{"title":6,"description":6},[95,98],{"label":96,"url":97},"Real Estate","real-estate-business",{"label":99,"url":100},"Business Checklists","business-checklists","lease agreement","/template/lease-agreement-D1179",{"description":104,"descriptionCustom":6,"label":105,"pages":106,"size":9,"extension":10,"preview":107,"thumb":108,"svgFrame":109,"seoMetadata":110,"parents":112,"keywords":111,"url":119},"Bid Proposal Your business slogan here. Prepared By: [YOUR NAME] [YOUR JOB TITLE] Phone 555.555.5555 Email info@yourbusiness.com www.yourbusiness.com Statement of Confidentiality & Non-Disclosure This document contains proprietary and confidential information. All data submitted to [RECEIVING PARTY] is provided in reliance upon its consent not to use or disclose any information contained herein except in the context of its business dealings with [YOUR COMPANY NAME]. The recipient of this document agrees to inform its present and future employees and partners who view or have access to the document's content of its confidential nature. The recipient agrees to instruct each employee that they must not disclose any information concerning this document to others except to the extent that such matters are generally known to, and are available for use by, the public. The recipient also agrees not to duplicate or distribute or permit others to duplicate or distribute any material contained herein without [YOUR COMPANY NAME]'s express written consent. [YOUR COMPANY NAME] retains all title, ownership and intellectual property rights to the material and trademarks contained herein, including all supporting documentation, files, marketing material, and multimedia. BY ACCEPTANCE OF THIS DOCUMENT, THE RECIPIENT AGREES TO BE BOUND BY THE AFOREMENTIONED STATEMENT. Table of Content Statement of Confidentiality 2 Table of Content 3 Cover Letter 4 1. History of [COMPANY NAME] 5 1.1 History and Current Status 5 1.2 Mission Statement 5 2. The Proposal 6 2.1 The Project Scope 6 3. Scope of work 7 4. Timeframe 9 4.1 Project Schedule 9 5. Budget 10 5.1 Budget Determination 10 6. Monitoring and Evaluation 11 6.1 Monitoring and Evaluation of the Project 11 SCHEDULE A 12 Cover Letter Dear [RECEIVING PARTY NAME], Thank you for considering [YOUR COMPANY NAME] for your [DESCRIBE OPPORTUNITY]. At [YOUR COMPANY NAME] we are committed to excellence and our experience in providing [SPECIFY THE SERVICE OFFERED] stand out! Here is why! First, we understand the dynamics of the [SPECIFY] market and the challenges that companies like [RECEIVING PARTY NAME] face. That's why we are not afraid to think outside the box and we find solutions customized for our clients. After [SPECIFY] years helping customers, we have been able to overcome many obstacles while developing an incredible expertise. Our experience provides us a solid understanding of your business environment and needs. By hiring [YOUR COMPANY NAME] to take care of [DESCRIBE OPPORTUNITY], you ensure yourself that you are working with a team dedicated to deliver this project on time, on budget while maintaining the highest quality. Having duly examined your situation, we are confident that our proposed services will effectively address your needs. Our goal is to [BRIEFLY DESCRIBE OBJECTIVE(S)] by [BRIEFLY DESCRIBE STRATEGY or SOLUTION] and to complete this by [DATE], for a total cost of [AMOUNT]. Our successful track record in [MENTION RELEVANT EXPERIENCE] makes us an invaluable partner in the [SPECIFY] market. We look forward to serving you! [YOUR NAME] [YOUR COMPANY NAME] [YOUR NAME@YOURCOMPANYNAME] [YOUR PHONE NUMBER] 1. History of [COMPANY NAME] 1.1 History and Current Status We are a [NEWLY ESTABLISHED/ FAST GROWING /MATURE] company that started its activities in [YEAR]. The purpose of [COMPANY NAME] is not only to provide [SPECIFY PRODUCTS/SERVICES] to its customers, but also to communicate to them its overall mission of providing quality products and services, at reasonable prices in the [SPECIFY TARGET MARKET]. We are one of the leading [SPECIFY] company in region with almost [NUMBER] years of experience in the industry. We understand the needs and concerns of our customers and we are compliant with the [SPECIFY INDUSTRY] quality standards. Our top of the line technical and management skills enables us to deliver our projects on time and on budget. We believe in our service-oriented approach to business as the reason of our success. Our measure of success is to always satisfy our customers by adding value to their business and interests. That said, we look forward to building a strong relationship with you. 1.2 Mission Statement A mission statement is a brief explanation of your company's reason for being. Keep your mission statement to one or two sentences. [WRITE YOUR CONTENT HERE]. 2. The Proposal 2.1 The Project Scope Project scope is the part of project planning that involves determining and documenting a list of specific project goals, deliverables, features, functions, tasks, deadlines, and ultimately costs. In other words, it is what needs to be achieved and the work that must be done to deliver a project This proposal contains several key features in which we would like to discuss with you in full detail when we meet. Rest assured that such information contained herein are only brief estimates and are not meant as a solicitation demanding such requirements from your good name. The project involves: [WRITE YOUR CONTENT HERE]. 3. Scope of Work Complete the tables below Explain the reasons that led to the project below Explain and provide all relevant details/informations about the project Explain what should be delivered after completing this project Define any terms and conditions or requirements that have not already been stated 4. Timeframe 4.1 Project Schedule A well-defined project must be limited in time. Provide detailed information on the expected project schedule. Divide the project into phases and provide a schedule for each phase. Complete the tables below. Phase Description Timeframe Phase One Phase Two Phase Three Activity Phase Duration Responsibility 5. Budget 5.1 Budget Determination A well-crafted project must not only be well-crafted in terms of determining the tasks to be carried out, but also in terms of estimating the costs of carrying out the project. Estimate the total budget and proposed cost for the project based on the cost of the resources specified in the table above. Also include information on how you intend to manage the budget. [WRITE YOUR CONTENT HERE]. Complete the tables below. Phase Description Cost Phase One Phase Two Phase Three Activity Phase Cost Total 6. Monitoring and Evaluation 6.1 Monitoring and Evaluation of the Project Explain how you will evaluate whether the project has achieved its objectives throughout and at the end of the project. Also indicate: Formulate clear indicators for each objective and result; Indicate how and when to conduct monitoring and evaluation activities to determine project's progress and outcome; Identify who will carry out the project evaluation; State which methods will be used to monitor and evaluate the project; What information will be collected to assess the progress and impact of the project undertaken (e.g., feedback, website visits, participant statistics); Explain how you will collect the information (e.g., surveys, meetings, interviews, peer review, file review); What indicators will you use or measure to determine if the project is on track and achieving its objectives? [WRITE YOUR CONTENT HERE]. SCHEDULE A This section is deliberately left blank INDEPENDENT CONTRACTOR AGREEMENT This Independent Contractor Agreement (\"Agreement\") is made and effective [DATE], BETWEEN: [INDEPENDENT CONTRACTOR NAME] (the \"Independent Contractor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] RECITALS ","Bid Proposal","18","https://templates.business-in-a-box.com/imgs/1000px/bid-proposal-D12677.png","https://templates.business-in-a-box.com/imgs/250px/12677.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12677.xml",{"title":111,"description":6},"bid proposal",[113,116],{"label":114,"url":115},"Sales & Marketing","sales-marketing",{"label":117,"url":118},"Sales Proposals","sales-proposals","/template/bid-proposal-D12677",{"description":121,"descriptionCustom":6,"label":122,"pages":123,"size":9,"extension":10,"preview":124,"thumb":125,"svgFrame":126,"seoMetadata":127,"parents":129,"keywords":128,"url":135},"REAL ESTATE PURCHASE AGREEMENT This Real Estate Purchase Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [SELLER NAME], (the \"Seller\") an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [PURCHASER NAME], (the \"Purchaser\") an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] Collectively, the Seller and Purchaser shall be referred to as the \"Parties.\" WHEREAS, the Seller is the owner of the real property located at [ADDRESS OF PROPERTY] (hereinafter referred to as the \"Property\") and the Purchaser is interested in buying the Property from the Seller pursuant to the following terms and conditions. WHEREAS, in consideration of and as a condition of the Seller selling the Property and the Purchaser purchasing the Property and other valuable consideration, the receipt and sufficiency of which are acknowledged here; NOW, THEREFORE, the Parties agree as follows: PROPERTY The Property is situated at [SPECIFY ADDRESS] and the legal description of the Property is as follows: [SPECIFY LEGAL DESCRIPTION OF PROPERTY] which includes with it but is not limited to permits, easements, and cooperative and association memberships (the \"Property\"). The Seller agrees to sell and convey to the Purchaser and the Purchaser agrees to purchase the Property from the Seller. The Seller shall release possession, occupancy, existing keys and/or means to operate all locks, mailbox, security system/alarms and all common area facilities to the Purchaser on the Closing Date. The Seller agrees that all the existing fixtures on the Premises, and any existing personal property including but not limited to light fixtures, fireplace, ceiling fans, lighting, and storage sheds shall be included in this sale and shall be transferred with no monetary value, and free and clear of all liens or encumbrances. PAYMENT OF PURCHASE PRICE The Purchaser agrees to pay to the Seller [SPECIFY AMOUNT] for the Property. At the time of signing of the Agreement, the Purchaser shall make the payment of [SPECIFY PERCENTAGE] % of the total amount. The remaining amount shall be transferred to the Seller on the Closing Date. The Purchaser is entitled to pay the amount by any of the following modes: [SPECIFY MODES OF PAYMENT]. TITLE INSURANCE The Seller shall furnish to the Purchaser an owner's policy of title insurance (the \"Title Insurance\") from [SPECIFY INSURANCE COMPANY] (the \"Title Company\") in an amount of the Sales Price dated as of the date that the sale of the Property becomes final, and the Purchaser takes possession, which insures and indemnifies the Purchaser against loss, as stipulated under the provisions of the Title Policy, subject to exceptions contained therein. TITLE COMMITMENT At the Seller's sole cost, the Seller will furnish or cause to be furnished to the Purchaser a commitment for the Title Insurance and copies of restrictive covenants and documents evidencing the exceptions in the Commitment. DISCLOSURES BY THE SELLER The Seller shall send disclosures to the Purchaser, within 28 days of signing of this Agreement, in which he shall disclose the details of the Property under various categories. The categories include: Boundaries. Changes made to the Property (extensions, alterations). Shared areas with neighbors, formal and informal agreements. Disputes or complaints (made by or about the Seller). Occupiers (who live at the Property). Guarantees and warranties affecting the Property. Environmental matters. The relevant issues disclosed to the Purchaser shall include, but are not limited to the following: Any disputes with neighbors that have resulted in written exchanges, or police or local authority involvement. Whether the neighbors have any anti-social behavior orders. Planning permission on the Property that is pending, granted or denied. Problems with pests, current or historic. Flooding issues, current or historic. Structural issues. Whether there is a flight path nearby or one planned. Whether there is a motorway within view or one planned. A previous sale falling through due to bad survey results on the Property. The neighborhood having high levels of crime. A violent death that occurred at the Property. Notwithstanding anything contained in the foregoing provisions, the Seller shall disclose all such information which would materially affect the Purchaser's consent to purchase the Property. WARRANTY BY THE SELLER The Seller has full power and authority to enter into and perform this Agreement in accordance with its terms; The individuals executing this Agreement on behalf of the Seller are authorized to do so and, upon execution hereof, this Agreement shall be binding upon and enforceable against the Seller; The Seller has no actual knowledge of any impending lawsuits with respect to the Property; The Seller represents and warrants that there will be no liens, assessments, or security interests from third parties against the Property on the Closing Date; The Seller warrants and shall maintain and repair the Premises so that at the time of possession, all the heating, cooling, mechanical, plumbing and electrical systems, and built-in appliances shall be in working condition; The Seller warrants that the Premises, including all additional existing personal property included in the sale, will be in substantially the same condition, except the changes caused by reasonable wear and tear or irresistible force, as on the date of acceptance of the Agreement; The Seller warrants that no damage would be caused to the Property, by any improvement work being carried out by the Seller in the Property, to substantially reduce its value or damage it in a way to make its enjoyment difficult. WARRANTY BY THE PURCHASER The Purchaser has full power and authority to enter into and perform this Agreement in accordance with its terms; and Any individual executing this Agreement on behalf of the Purchaser is authorized to do so, and, upon execution hereof, this Agreement shall be binding upon and enforceable against the Purchaser. INDEMNIFICATION The Seller will bear all the risk of loss to the Property or its improvements, which includes but is not limited to physical damage or destruction to the Property, or loss caused by eminent domain, until the Closing Date. If prior to the Closing Date, the Property is damaged or destroyed, the Seller will restore the Property to its previous condition as soon as possible before the Closing Date. The Seller agrees to defend, indemnify, and hold the Purchaser harmless from and against all claims, liabilities, obligations, costs, expenses, and reasonable attorney's fees arising out of or related to: Any breach or inaccuracy of representation or warranty of the Seller made in this Agreement; Any failure by the Seller to perform any covenant required to be performed by it under this Agreement; Any liability or obligation of any third party assumed by the Seller in accordance with the terms of this Agreement; Use of the Property before the Closing Date. PRORATION The Seller and the Purchaser agree to proration of the following items: Title Insurance and Closing Fee: The Seller shall pay all costs of the Title Commitment and the premium as applicable under law. Recording Costs: The Purchaser shall pay the cost of the deed and all other documents. Real Estate Taxes and Special Assessments: All real estate property taxes, levies and assessments as of the Closing","Real Estate Purchase Agreement","8","https://templates.business-in-a-box.com/imgs/1000px/real-estate-purchase-agreement-D13234.png","https://templates.business-in-a-box.com/imgs/250px/13234.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13234.xml",{"title":128,"description":6},"real estate purchase agreement",[130,132],{"label":18,"url":131},"business-legal-agreements",{"label":133,"url":134},"Purchase & Sale Agreements","purchase-sale-agreement","/template/real-estate-purchase-agreement-D13234",{"description":137,"descriptionCustom":6,"label":138,"pages":139,"size":9,"extension":10,"preview":140,"thumb":141,"svgFrame":142,"seoMetadata":143,"parents":145,"keywords":144,"url":150},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","3","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":144,"description":6},"non disclosure agreement nda",[146,147],{"label":18,"url":131},{"label":148,"url":149},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":152,"descriptionCustom":6,"label":153,"pages":154,"size":155,"extension":10,"preview":156,"thumb":157,"svgFrame":158,"seoMetadata":159,"parents":160,"keywords":163,"url":164},"JOINT VENTURE AGREEMENT This Joint Venture Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"First Joint Venturer\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SECOND JOINT VENTURER NAME] (the \"Second Joint Venturer\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] This Agreement is entered by First Joint Venturer and Second Joint Venturer, herein after collectively referred to as the \"Joint Venturers\", for the purpose of performing: [DESCRIBE JOINT VENTURE]. WITNESSETH: WHEREAS, the parties are desirous of forming a Joint Venture (the \"Venture\"), under the laws of the [State/Province] of [STATE/PROVINCE] by execution of this Agreement for the purposes set forth herein and are desirous of fixing and defining between themselves their respective responsibilities, interests, and liabilities in connection with the performance of the before mentioned project; and NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, the Parties herein agree to constitute themselves as Joint Venturers, henceforth, \"Venturers\" for the purposes before mentioned, and intending to be legally bound hereby, the parties hereto, after first being duly sworn, do covenant, agree and certify as follows: DEFINITIONS \"Affiliate\" shall refer to (i) any person directly or indirectly controlling, controlled by or under common control with another person, (ii) any person owning or controlling 10% or more of the outstanding voting securities of such other person, (iii) any officer, director or other partner of such person and (iv) if such other person is an officer, director, joint Venturer or partner, any business or entity for which such person acts in any such capacity. \"Venturers\" shall refer to [VENTURE NAME] Inc., and any successor(s) as may be designated and admitted to the Venture. \"Internal Revenue Code\", \"Code\" or \"I.R.C.\" shall refer to the current and applicable Internal Revenue Code. \"Net Profits and Net Losses\" means the taxable income and loss of the Venture, except as follows: [DESCRIBE] The \"Book\" value of an asset shall be substituted for its adjusted tax basis if the two differ, but otherwise Net Profits and Net Losses shall be determined in accordance with federal income tax principles. \"Project\" shall refer to that certain [DESCRIBE] project known as [NAME]. \"Treasury Regulations\" shall refer to those regulations promulgated by the Department of the Treasury with respect to certain provision of Internal Revenue Code. \"Percentage of Participation\" shall refer to that figure set forth in Exhibit A. FORMATION, NAME, AND PRINCIPLE PLACE OF BUSINESS Formation (a) The Venturers do hereby form a joint venture pursuant to the laws of the State of [STATE/PROVINCE] in order for the Venture to carry on the purposes for which provision is made herein. (b) The Ventures shall execute such certificates as may be required by the laws of the [State/Province] of [STATE/PROVINCE] or of any other state in order for the Venture to operate its business and shall do all other acts and things requisite for the continuation of the Venture as a joint venture pursuant to applicable law. Name The Name and style under which the Venture shall be conducted is: [DESCRIBE]. Principal place of business The Venture shall maintain its principal place of business at [FULL ADDRESS]. The Venture may re-locate its office from time to time or have additional offices as the Venturers may determine. PURPOSE OF THE JOINT VENTURE The business of the Venture shall be to perform: [DESCRIBE], a project having the Contract # , being entitled, and being in a dollar amount of [AMOUNT], in accordance with the contract documents for the Project and all such other business incidental to the general purposes herein set forth. TERM The term of the Venture shall commence as of the date hereof and shall be terminated and dissolved upon the earliest to occur of: (i) completion of the Project and receipt of all sums due the Venture by the Owner, [OWNER NAME] pursuant thereto and payment of all laborers and material men employed by the Venture in connection with the project; (ii) [DATE]; (iii) the unanimous agreement of the Ventures; or (iv) the order of a court of competent jurisdiction. PERCENTAGE OF PARTICIPATION Description Except as otherwise provided in sections 6.0 and 9.0 hereof, the interest of the Parties in any gross profits and their respective shares in any losses and/or liabilities that may result from the filing of a joint bid and/or the performance of the Construction Contract, and their interests in all property and equipment acquired and all money received in connection with the performance of the Contract shall be as follows: [Name Joint Venture Partner Percentage] Losses The Parties agree that in the event any losses arise out of or results from the performance of the Project, each Venturer shall assume and pay the share of the losses that is equal to the percentage of participation. Liabilities If for any reason, a Venturer sustains any liabilities or is required to pay any losses arising out of or directly connected with the Project, or the execution of any surety bonds or indemnity agreements in connection therewith, which are in excess of its Percentage of Participation, in the Joint Venture, the other Venturer shall promptly reimburse such Venturer this excess, so that each and every member of the Joint Venturer will then have paid its proportionate share of such losses to the full extent of its Percentage of Participation. Indemnities The Venturers agree to indemnify each other and to hold the other harmless from, any and all losses of the Joint Venture that are in excess of such other Venturer's Percentage of Participation. Provided that the provisions of this subsection shall be limited to losses that are directly connected with or arise out of the performance of the Project and/or the execution of any bonds or indemnity agreements in connection therewith and shall not be relate to or include any incidental, indirect or consequential losses that may be sustained or suffered by a Party. Duration The Parties shall from time to time execute such bonds and indemnity agreements, including applications there and other documents that may be necessary in connection with the performance of the Project. Provided however, that the liability of each of the Parties under any agreements to indemnify a surety company or surety companies shall be limited to the percentage of the total liability assumed by all the Parties under such indemnity agreements that is equal to the Party's Percentage of Participation. Initial contribution of the venture (a) The Venturers shall contribute the Property to the Venture and their Capital Account shall each be credited with the appropriate value of such contribution in accordance with their Venture interests. (b) Except as otherwise required by law or this Agreement, the Venturers shall not be required to make any further capital contributions to the Venture. Venture interests Upon execution of this Agreement, the Venturers shall each own the following interests in the Venture: Joint Venture Partner Percentage Return of capital contributions (a) No Venturer shall have the right to withdraw his capital contributions or demand or receive the return of his capital contributions or any part thereof, except as otherwise provided in this Agreement. (b) The Venturers shall not be personally liable for the return of capital contributions or any part thereof, except as otherwise provided in this Agreement. (c) The Venture shall not pay interest on capital contributions of any Venturer.","Joint Venture Agreement","7",70,"https://templates.business-in-a-box.com/imgs/1000px/joint-venture-agreement-D889.png","https://templates.business-in-a-box.com/imgs/250px/889.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#889.xml",{"title":6,"description":6},[161,162],{"label":18,"url":131},{"label":18,"url":131},"joint venture agreement","/template/joint-venture-agreement-D889",{"description":166,"descriptionCustom":6,"label":167,"pages":168,"size":9,"extension":10,"preview":169,"thumb":170,"svgFrame":171,"seoMetadata":172,"parents":174,"keywords":173,"url":181},"","Invoice","1","https://templates.business-in-a-box.com/imgs/1000px/invoice-D12538.png","https://templates.business-in-a-box.com/imgs/250px/12538.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12538.xml",{"title":173,"description":6},"invoice",[175,178],{"label":176,"url":177},"Finance & Accounting","finance-accounting",{"label":179,"url":180},"Invoices & Receipts","invoice-receipt","/template/invoice-D12538",false,{"seo":184,"reviewer":196,"legal_disclaimer":200,"quick_facts":201,"at_a_glance":203,"personas":207,"variants":232,"glossary":258,"clauses":292,"how_to_fill":343,"common_mistakes":384,"faqs":409,"industries":437,"comparisons":454,"diy_vs_lawyer":469,"jurisdictions":482,"related_template_ids_curated":503,"schema":513,"classification":514},{"meta_title":185,"meta_description":186,"primary_keyword":187,"secondary_keywords":188},"Build To Suit Agreement Template (Free Word)","Free build to suit agreement template for custom commercial construction leases. Trusted by companies in USA, Canada, UK, Australia, and 190+ countries. Free Word and PDF download.","build to suit agreement template",[189,190,191,192,193,194,195],"build to suit lease template","build to suit contract template","build to suit agreement word","commercial construction lease agreement","custom build lease template","bts lease agreement template free","net lease build to suit template",{"name":197,"credential":198,"reviewed_date":199},"Bruno Goulet","CEO, Business in a Box","2026-05-02",true,{"difficulty":202,"legal_review_recommended":200,"signature_required":200,"notarization_required":182},"advanced",{"what_it_is":204,"when_you_need_it":205,"whats_inside":206},"A Build To Suit Agreement is a legally binding contract between a property developer or landlord and a tenant in which the developer agrees to construct a commercial building to the tenant's specific requirements, with the tenant committing to a long-term lease upon completion. This free Word download gives you a structured, attorney-ready starting point you can edit online and export as PDF to share with your legal counsel, lender, or counterparty.\n","Use it when a business needs a purpose-built facility — a warehouse, retail location, distribution center, or office — and a developer or landlord is willing to finance and construct the building in exchange for a long-term lease commitment. It is executed before construction begins to lock in specifications, costs, and lease terms.\n","Site description and legal parcel identification, construction specifications and approved plans, project milestones and completion deadlines, rent commencement triggers, base rent and escalation schedule, tenant improvement allowances, default and termination rights, and governing law provisions.\n",[208,212,216,220,224,228],{"title":209,"use_case":210,"icon_asset_id":211},"Commercial tenants","Securing a facility built to exact operational specifications before signing a long-term lease","persona-commercial-tenant",{"title":213,"use_case":214,"icon_asset_id":215},"Real estate developers","Locking in a creditworthy anchor tenant before breaking ground on a new commercial project","persona-real-estate-developer",{"title":217,"use_case":218,"icon_asset_id":219},"Logistics and warehouse operators","Commissioning a distribution center with dock heights, clear heights, and power specs defined in the agreement","persona-operations-director",{"title":221,"use_case":222,"icon_asset_id":223},"Retail chains and franchise operators","Establishing a prototype store footprint with brand-mandated layout requirements in a new market","persona-franchise-applicant",{"title":225,"use_case":226,"icon_asset_id":227},"Healthcare and medical facility operators","Requiring regulatory-grade construction standards and infrastructure for a clinic or imaging center","persona-healthcare-operator",{"title":229,"use_case":230,"icon_asset_id":231},"Corporate real estate managers","Coordinating a ground-up office or headquarters build with landlord-funded construction and a defined lease commencement","persona-ceo",[233,237,240,243,247,250,254],{"situation":234,"recommended_template":235,"slug":236},"Tenant occupies and owns the building at lease end","Build To Suit Agreement with Purchase Option","build-to-suit-agreement-D12990",{"situation":238,"recommended_template":239,"slug":236},"Developer retains ownership; tenant signs a triple-net lease on completion","Build To Suit Net Lease Agreement",{"situation":241,"recommended_template":242,"slug":236},"Tenant already owns the land and hires a developer to build","Design-Build Contract",{"situation":244,"recommended_template":245,"slug":246},"Existing shell building to be finished to tenant specifications","Tenant Improvement Addendum to Commercial Lease","lease-agreement-D1179",{"situation":248,"recommended_template":249,"slug":246},"Short-term occupancy while permanent facility is built","Temporary Commercial Lease Agreement",{"situation":251,"recommended_template":252,"slug":253},"Landlord and tenant share construction risk on a joint venture basis","Commercial Real Estate Joint Venture Agreement","joint-venture-agreement-D889",{"situation":255,"recommended_template":256,"slug":257},"Industrial facility with environmental compliance requirements","Industrial Lease Agreement","industrial-lease-agreement-D5212",[259,262,265,268,271,274,277,280,283,286,289],{"term":260,"definition":261},"Build To Suit (BTS)","A real estate arrangement in which a developer constructs a commercial building to a specific tenant's requirements in exchange for a long-term lease commitment.",{"term":263,"definition":264},"Rent Commencement Date","The contractually defined date on which the tenant's obligation to pay base rent begins, typically tied to a certificate of occupancy or substantial completion milestone.",{"term":266,"definition":267},"Substantial Completion","The point at which construction is complete enough for its intended use, even if minor punch-list items remain — the trigger for most rent commencement clauses.",{"term":269,"definition":270},"Tenant Improvement Allowance (TIA)","A dollar amount the landlord or developer agrees to contribute toward finishing or customizing interior spaces to the tenant's specifications.",{"term":272,"definition":273},"Triple Net Lease (NNN)","A lease structure in which the tenant pays base rent plus all operating expenses — property taxes, insurance, and maintenance — in addition to any build-out costs.",{"term":275,"definition":276},"Punch List","A list of minor incomplete or defective construction items identified at substantial completion that the developer must remedy before the lease obligation fully commences.",{"term":278,"definition":279},"Construction Specifications","Detailed technical documents describing the materials, dimensions, systems, and standards to which the building must be constructed.",{"term":281,"definition":282},"Force Majeure","A clause that excuses a party from performance obligations when construction delays are caused by events outside their control, such as natural disasters, labor strikes, or material shortages.",{"term":284,"definition":285},"Guaranteed Maximum Price (GMP)","A contractual ceiling on total construction cost, above which the developer — not the tenant — bears the cost overrun risk.",{"term":287,"definition":288},"Certificate of Occupancy (CO)","A document issued by the local building authority confirming that a structure meets applicable building codes and is safe for its intended use.",{"term":290,"definition":291},"Estoppel Certificate","A signed statement by the tenant confirming the current status of the lease — commencement date, rent amount, and absence of defaults — often required by lenders financing the project.",[293,298,303,308,313,318,323,328,333,338],{"name":294,"plain_english":295,"sample_language":296,"common_mistake":297},"Parties, Recitals, and Defined Terms","Identifies the developer and tenant as legal entities, states the purpose of the agreement, and defines capitalized terms used throughout the contract.","This Build To Suit Agreement ('Agreement') is entered into as of [DATE] by and between [DEVELOPER LEGAL NAME], a [STATE] [ENTITY TYPE] ('Developer'), and [TENANT LEGAL NAME], a [STATE] [ENTITY TYPE] ('Tenant'). Developer agrees to construct the Project on the Site described in Exhibit A in accordance with the terms hereof.","Using trade names instead of registered legal entity names. If the contracting entity differs from the operating entity, enforcing construction obligations or lease terms against the correct party becomes difficult.",{"name":299,"plain_english":300,"sample_language":301,"common_mistake":302},"Site Description and Title","Identifies the specific parcel of land where construction will occur using legal description, assessor's parcel number, and address, and confirms the developer's title or ground lease interest sufficient to perform.","The Site is the real property located at [ADDRESS], [CITY], [STATE] [ZIP], described legally as [LEGAL DESCRIPTION], Assessor's Parcel No. [APN]. Developer represents that it holds [fee simple title / a ground lease interest expiring no earlier than [DATE]] sufficient to grant the leasehold interest contemplated herein.","Failing to attach the full legal description or APN as an exhibit. An address alone is insufficient for a recorded instrument and can create title disputes when the lease is later assigned or refinanced.",{"name":304,"plain_english":305,"sample_language":306,"common_mistake":307},"Construction Specifications and Plans","Incorporates the approved construction drawings, performance specifications, and any tenant-required design standards, and establishes the process for approving changes to the plans.","Developer shall construct the Project substantially in accordance with the Plans and Specifications attached as Exhibit B. Any material modification to the Plans requires Tenant's prior written approval, not to be unreasonably withheld, within [10] business days of Developer's written request.","Attaching only schematic-level drawings rather than construction documents. Vague specifications give the developer latitude to substitute materials or systems that reduce quality while remaining technically 'in compliance.'",{"name":309,"plain_english":310,"sample_language":311,"common_mistake":312},"Construction Schedule and Milestones","Sets the project commencement date, key milestone dates (foundation pour, roof, substantial completion), and the outside delivery deadline after which the tenant may terminate.","Developer shall commence construction no later than [DATE] and achieve Substantial Completion no later than [DATE] ('Outside Delivery Date'). Developer shall provide Tenant a written construction schedule within [30] days of execution, updated monthly. If Substantial Completion has not occurred by the Outside Delivery Date (as extended for Force Majeure), Tenant may terminate this Agreement by written notice.","Setting a single delivery date with no intermediate milestones. Without checkpoints, a tenant may not discover that construction is fatally behind schedule until it is too late to make alternative arrangements.",{"name":314,"plain_english":315,"sample_language":316,"common_mistake":317},"Cost, Budget, and Change Orders","States who bears construction costs, whether a guaranteed maximum price applies, and the process for authorizing and pricing scope changes requested by either party.","Developer shall construct the Project for a total cost not to exceed $[GMP AMOUNT] ('Guaranteed Maximum Price'). Tenant-initiated scope changes ('Change Orders') shall be priced within [10] business days of request. Change Orders increasing the GMP require Tenant's written approval before Developer proceeds. Cost savings below the GMP shall be [shared equally / retained by Developer].","Omitting a guaranteed maximum price and relying on 'reasonable cost' language. Open-ended cost structures expose the tenant to rent increases tied to cost overruns, particularly on projects with long construction timelines.",{"name":319,"plain_english":320,"sample_language":321,"common_mistake":322},"Rent Commencement and Base Rent Schedule","Defines exactly when rent begins — typically on substantial completion or a fixed number of days after the certificate of occupancy — and sets the base rent, annual escalation rate, and total lease term.","Base Rent shall commence on the date that is [30] days after the Rent Commencement Date, defined as the later of (a) the date of Substantial Completion or (b) [DATE CERTAIN]. Base Rent for Lease Year 1 shall be $[AMOUNT] per month, increasing by [3]% per annum on each anniversary of the Rent Commencement Date. The initial Lease Term is [10] years.","Linking rent commencement solely to a certificate of occupancy without a date-certain backstop. CO issuance can be delayed by municipal backlogs unrelated to construction quality, leaving both parties in limbo.",{"name":324,"plain_english":325,"sample_language":326,"common_mistake":327},"Tenant Improvement Allowance and Completion Obligations","Specifies the dollar amount the developer will contribute toward tenant-specific finishes, the scope of work it covers, the disbursement process, and what happens if the tenant's improvements exceed the allowance.","Developer shall provide Tenant an improvement allowance of $[AMOUNT] per square foot ('TIA'). The TIA shall be disbursed against Tenant's invoices within [30] days of submission with lien waivers. Amounts expended by Tenant in excess of the TIA are Tenant's sole responsibility.","Not specifying the disbursement trigger or lien waiver requirement. Developers have been held liable for subcontractor mechanics' liens on tenant improvement work when allowance payments were made without collecting conditional lien releases.",{"name":329,"plain_english":330,"sample_language":331,"common_mistake":332},"Default, Remedies, and Termination Rights","Defines what constitutes a developer default (failure to construct, insolvency, material deviation from plans) and a tenant default (failure to execute the lease on substantial completion), the notice and cure periods, and each party's remedies.","Developer shall be in default if it (a) fails to commence construction by [DATE], (b) abandons the Project for more than [30] consecutive days, or (c) materially deviates from the approved Plans without Tenant's consent. Tenant shall provide [30] days' written notice to cure. If uncured, Tenant may terminate and recover [liquidated damages of $[AMOUNT] / actual damages including relocation costs].","Providing identical cure periods for all default types. A material structural deviation requires immediate action, not 30 days — tiered cure periods calibrated to default severity protect the tenant more effectively.",{"name":334,"plain_english":335,"sample_language":336,"common_mistake":337},"Insurance and Risk of Loss During Construction","Allocates risk between the parties for damage or destruction to the project during construction, specifies required builder's risk and general liability coverage amounts, and names each party as an additional insured.","Developer shall maintain builder's risk insurance in an amount not less than the full replacement cost of the Project, and commercial general liability insurance with limits of not less than $[AMOUNT] per occurrence. Tenant shall be named as an additional insured on all policies. Risk of loss passes to Tenant on the Rent Commencement Date.","Not requiring the developer to maintain builder's risk through the punch-list period. A fire or major casualty between substantial completion and the rent commencement date can fall into a coverage gap if builder's risk lapses at CO issuance.",{"name":339,"plain_english":340,"sample_language":341,"common_mistake":342},"Governing Law, Dispute Resolution, and Recording","Specifies the jurisdiction whose law governs the agreement, how disputes are resolved, and whether a memorandum of the agreement will be recorded against title to provide constructive notice to third parties.","This Agreement shall be governed by the laws of [STATE]. Any dispute shall be submitted to binding arbitration administered by [AAA] in [CITY], except claims for injunctive relief. A Memorandum of this Agreement in the form of Exhibit C shall be recorded in the [COUNTY] land records within [30] days of execution.","Not recording a memorandum of agreement. Without a recorded instrument, a subsequent buyer or lender who takes the property without actual knowledge of the BTS arrangement may claim priority over the tenant's rights.",[344,349,354,359,364,369,374,379],{"step":345,"title":346,"description":347,"tip":348},1,"Identify the parties using full legal entity names","Enter the developer's and tenant's full registered legal names, states of formation, and entity types. Confirm both entities have authority to enter into a real estate transaction of this type.","Request a current certificate of good standing from both parties before execution — an entity that has lapsed may lack legal capacity to contract.",{"step":350,"title":351,"description":352,"tip":353},2,"Attach the full legal description and site exhibit","Obtain the current legal description from a title commitment or county assessor record and attach it as Exhibit A. Include the APN and confirm the site boundaries match the intended construction footprint.","If the parcel has not yet been subdivided from a larger tract, include a condition precedent requiring subdivision completion before construction commences.",{"step":355,"title":356,"description":357,"tip":358},3,"Incorporate construction plans and specifications as an exhibit","Attach the approved construction drawings (at minimum design development documents, updated to construction documents before groundbreaking) as Exhibit B. Define the approval process for any future plan revisions.","Require the developer to use a licensed architect and state-licensed general contractor — name them in the agreement or require tenant approval of each.",{"step":360,"title":361,"description":362,"tip":363},4,"Set milestone dates and the outside delivery deadline","Define the commencement date, key construction milestones, the targeted substantial completion date, and an outside delivery deadline with a clear termination right if it is missed. Allow force majeure extensions but cap the total extension period.","Cap force majeure delays at 180 days total. Uncapped force majeure provisions have allowed developers to delay delivery by years without remedy.",{"step":365,"title":366,"description":367,"tip":368},5,"Negotiate and document the cost and GMP structure","Agree on whether construction proceeds on a fixed-price, GMP, or cost-plus basis. Enter the agreed dollar amount, define what costs are included and excluded, and set the change order approval process with pricing timelines.","Require the developer to provide a construction cost breakdown by trade at execution so you have a baseline against which to evaluate change order pricing.",{"step":370,"title":371,"description":372,"tip":373},6,"Define rent commencement and the full lease economics","State the exact rent commencement trigger, initial base rent per square foot per year, the annual escalation formula, and the full lease term including any renewal options. Attach a rent schedule exhibit if the escalation is non-linear.","Negotiate a free-rent period of 30–90 days after substantial completion to allow fit-out and occupancy without double-carrying construction loan interest and base rent.",{"step":375,"title":376,"description":377,"tip":378},7,"Complete the insurance and risk allocation section","Set minimum coverage amounts for builder's risk, commercial general liability, and workers' compensation. Name both parties as additional insureds and specify when each policy must be in force through.","Require the developer to deliver certificates of insurance before construction commences, not after — waiting until groundbreaking is too late.",{"step":380,"title":381,"description":382,"tip":383},8,"Have legal counsel review and arrange for recording","Submit the final draft to a real estate attorney familiar with the applicable state's commercial landlord-tenant and construction law. Execute before construction begins and record a memorandum of agreement in the county land records.","Recording costs $50–$200 and protects the tenant's leasehold interest against subsequent liens and encumbrances — it is always worth the cost.",[385,389,393,397,401,405],{"mistake":386,"why_it_matters":387,"fix":388},"No outside delivery deadline with a termination right","Without a hard deadline and a genuine termination right, a developer facing cost overruns or financing problems has no contractual incentive to deliver on time. Tenants have been left waiting for facilities 12–24 months past the expected completion date with no remedy.","Set a specific outside delivery date with a clean termination right and, for long-lead construction projects, negotiate liquidated damages for each month of delay beyond a grace period.",{"mistake":390,"why_it_matters":391,"fix":392},"Attaching schematic drawings instead of construction documents","Schematic drawings leave material selections, system specifications, and dimensions undefined, giving the developer broad discretion to reduce quality while claiming compliance. Disputes over finish levels and system capacity are the most common BTS litigation trigger.","Require construction documents — or at minimum design development drawings with a detailed specification sheet — as the binding exhibit. Include a right to approve any value-engineering substitutions before they are made.",{"mistake":394,"why_it_matters":395,"fix":396},"Linking rent commencement only to certificate of occupancy","CO issuance depends on municipal inspectors and can lag substantial completion by weeks or months in busy jurisdictions. During that gap, the tenant cannot occupy but rent has not yet started — or the developer claims completion and the tenant owes rent on a building it cannot legally occupy.","Define rent commencement as the later of substantial completion (engineer's certification) or the date the CO is issued, and include a date-certain backstop after which rent commences regardless, to motivate the developer to resolve inspection delays promptly.",{"mistake":398,"why_it_matters":399,"fix":400},"Not recording a memorandum of agreement","An unrecorded BTS agreement is invisible to subsequent purchasers, lenders, and judgment creditors of the developer. If the developer sells or refinances the property before construction is complete, the tenant's rights may not bind the new owner.","Execute and record a short-form memorandum of the BTS agreement in the county land records immediately after signing. The memo needs only identify the parties, the property, the lease term, and any purchase options — it does not expose confidential rent terms.",{"mistake":402,"why_it_matters":403,"fix":404},"Omitting tiered default cure periods","A single 30-day cure period for all developer defaults treats a late insurance certificate the same as a structural defect or project abandonment. By the time a 30-day notice period lapses for a serious default, the tenant may be unable to source an alternative site in time.","Tier cure periods by severity: 5 business days for insurance lapses, 15 days for plan deviations, 30 days for project abandonment — with a right to cure by a substitute developer for defaults not curable in 30 days.",{"mistake":406,"why_it_matters":407,"fix":408},"No guaranteed maximum price or cost cap","When base rent is calculated as a function of total development cost, an open-ended cost structure allows the developer to pass cost overruns through to the tenant via higher rent. A 10% cost overrun on a $5M project translates to materially higher annual rent over a 10-year lease term.","Negotiate a guaranteed maximum price before execution and specify that any costs above the GMP are the developer's sole responsibility, with savings shared or credited to the TIA.",[410,413,416,419,422,425,428,431,434],{"question":411,"answer":412},"What is a build to suit agreement?","A build to suit agreement is a contract between a property developer and a commercial tenant in which the developer agrees to construct a building to the tenant's specific requirements on a designated site, and the tenant commits to a long-term lease of the completed facility. The agreement is executed before construction begins and governs specifications, costs, milestones, rent commencement, and each party's rights if construction is delayed or defective.\n",{"question":414,"answer":415},"What is the difference between a build to suit lease and a standard commercial lease?","A standard commercial lease is signed for an existing building. A build to suit lease is executed before the building exists and includes a pre-construction phase governing how the facility will be designed and built to the tenant's requirements. The BTS agreement also allocates construction risk — delays, cost overruns, defective work — that a standard lease never addresses because the building is already complete when the parties sign.\n",{"question":417,"answer":418},"Who typically pays for construction in a build to suit arrangement?","In most build to suit arrangements, the developer finances and pays for construction, recovering the investment through above-market rent over the lease term. The tenant may contribute a tenant improvement allowance for custom interior finishes above a base building specification. In some structures — particularly sale-leaseback or ground lease BTS deals — the tenant funds construction and a developer or investor purchases and leases back the completed asset.\n",{"question":420,"answer":421},"How long are build to suit leases typically?","Build to suit leases typically run 10 to 20 years, with 10 to 15 years being most common for industrial and distribution facilities and 15 to 20 years for healthcare and mission-critical facilities. The long term is necessary to justify the developer's upfront construction investment and to satisfy lender requirements for permanent financing of the completed project. Shorter terms of 5 to 7 years are possible for smaller construction budgets.\n",{"question":423,"answer":424},"What happens if construction is not completed on time?","The consequences depend entirely on what the agreement says. A well-drafted BTS agreement gives the tenant a termination right if substantial completion is not achieved by an outside delivery date, often with liquidated damages for delay beyond a grace period. Without these provisions, the tenant's only remedy is a general breach of contract claim, which requires proving actual damages — a costly and uncertain process. Always negotiate a specific outside delivery deadline with a clear termination right before executing.\n",{"question":426,"answer":427},"What is substantial completion in a build to suit context?","Substantial completion is the point at which construction is sufficiently complete for the building to be used for its intended purpose, even if minor punch-list items remain. It is typically evidenced by an architect's or engineer's certificate and triggers rent commencement under most BTS agreements. The definition matters enormously — a tenant should ensure that substantial completion requires all major systems (HVAC, electrical, plumbing, loading dock equipment) to be operational, not just the shell.\n",{"question":429,"answer":430},"Should a build to suit agreement be reviewed by a lawyer?","Yes, for virtually all BTS transactions. The agreement creates obligations worth millions of dollars over a decade or more, allocates construction and financing risk between sophisticated parties, and intersects with real property law, construction law, and commercial landlord-tenant law — all of which vary significantly by state and province. A real estate attorney familiar with construction contracts and commercial leasing should review the agreement before execution, particularly for first-time tenants or developers entering a new jurisdiction.\n",{"question":432,"answer":433},"What is the difference between a build to suit agreement and a design-build contract?","A build to suit agreement is primarily a real estate and leasing instrument — it governs the landlord-tenant relationship from pre-construction through the end of the lease term. A design-build contract is a construction procurement contract in which a single entity handles both design and construction, typically used when the owner (not a landlord) is procuring a building on their own land. A BTS deal may incorporate design-build delivery as the construction method, but the BTS agreement itself covers far more than construction — it governs rent, lease terms, and tenant rights for the building's entire economic life.\n",{"question":435,"answer":436},"Can a build to suit agreement include a purchase option?","Yes. Many BTS agreements include a tenant purchase option exercisable at the end of the initial lease term or at defined points during the lease. The option price is typically tied to a cap rate applied to then-current rent, a fixed price agreed at execution, or fair market value at time of exercise. Purchase options add meaningful complexity — tax treatment, financing contingencies, and title transfer mechanics — and should always be drafted with real estate counsel.\n",[438,442,446,450],{"industry":439,"icon_asset_id":440,"specifics":441},"Logistics and Distribution","industry-logistics","Clear heights (typically 32–40 feet), dock door ratios, truck court depth, and power specifications must be embedded in the construction exhibit to avoid costly retrofits after occupancy.",{"industry":443,"icon_asset_id":444,"specifics":445},"Healthcare and Medical Facilities","industry-healthtech","Regulatory compliance requirements — ADA, NFPA, state health department standards — must be incorporated into the construction specifications, with the developer warranting compliance as a condition of rent commencement.",{"industry":447,"icon_asset_id":448,"specifics":449},"Retail and Quick-Service Restaurants","industry-retail","Prototype plan compliance, drive-through lane geometry, signage rights, and exclusivity restrictions on co-tenancy are standard BTS provisions for chain retailers and QSR operators expanding to new markets.",{"industry":451,"icon_asset_id":452,"specifics":453},"Manufacturing and Industrial","industry-manufacturing","Heavy floor load ratings, utility service capacity (gas, three-phase power, water), environmental permitting conditions, and rail or port access tie-ins require detailed specification and permitting milestones in the construction schedule.",[455,458,462,465],{"vs":87,"vs_template_id":456,"summary":457},"commercial-lease-agreement-D13","A commercial lease agreement governs the rental of an existing building. A build to suit agreement covers both the pre-construction and leasing phases — including who builds what, to what standard, and by when. If the building already exists, use a commercial lease; if it needs to be built to your specifications, a BTS agreement is required.",{"vs":459,"vs_template_id":460,"summary":461},"Tenant Improvement Addendum","D{TENANT_IMPROVEMENT_ADDENDUM_ID}","A tenant improvement addendum modifies an existing lease to govern interior fit-out work within a completed shell building. A build to suit agreement governs the construction of the entire building from the ground up. Use a TI addendum when the structure exists and only interior work is needed; use a BTS agreement when the building itself does not yet exist.",{"vs":242,"vs_template_id":463,"summary":464},"D{DESIGN_BUILD_CONTRACT_ID}","A design-build contract is a construction procurement document between an owner and a single entity responsible for both design and construction. A build to suit agreement is a real estate instrument that creates a landlord-tenant relationship lasting well beyond construction completion. A BTS deal may use design-build delivery, but the BTS agreement governs the full economic relationship for the entire lease term.",{"vs":466,"vs_template_id":467,"summary":468},"Ground Lease Agreement","D{GROUND_LEASE_AGREEMENT_ID}","A ground lease gives a tenant the right to use land and construct improvements that revert to the landowner at lease end. A build to suit agreement transfers construction risk to the developer and typically results in the developer owning both land and building, with the tenant as a pure lessee. Ground leases shift ownership of improvements; BTS arrangements typically do not.",{"use_template":470,"template_plus_review":474,"custom_drafted":478},{"best_for":471,"cost":472,"time":473},"Smaller build to suit projects under $1M in construction value where both parties are experienced in commercial real estate transactions","Free","1–3 days to draft and negotiate",{"best_for":475,"cost":476,"time":477},"Projects between $1M and $5M in construction value, first-time BTS tenants or developers, or transactions in states with complex landlord-tenant law","$1,500–$4,000 for a real estate attorney review and negotiation support","1–2 weeks",{"best_for":479,"cost":480,"time":481},"Projects exceeding $5M, sale-leaseback structures, healthcare or regulated facilities, multi-jurisdiction portfolios, or transactions with institutional lenders requiring bespoke documentation","$5,000–$25,000+","3–8 weeks",[483,488,493,498],{"code":484,"name":485,"flag_asset_id":486,"note":487},"us","United States","flag-us","BTS agreements are governed by state law, and commercial landlord-tenant statutes vary significantly across states. California, New York, and Texas have well-developed case law on construction completion standards and tenant remedy rights. Non-compete and exclusivity provisions within BTS retail leases may be subject to antitrust scrutiny in certain jurisdictions. Recording a memorandum of agreement in the county land records is advisable in all US states to protect against bona fide purchasers and construction lenders.",{"code":489,"name":490,"flag_asset_id":491,"note":492},"ca","Canada","flag-ca","Canadian BTS agreements are governed by provincial law, with Ontario, Alberta, and British Columbia having the most active commercial construction and leasing markets. Provincial construction lien legislation — including Ontario's Construction Act — imposes holdback requirements on construction payments that must be reflected in the BTS cost and disbursement structure. Quebec BTS transactions must comply with the Civil Code of Quebec, which differs materially from common-law provinces on property rights and contract remedies.",{"code":494,"name":495,"flag_asset_id":496,"note":497},"uk","United Kingdom","flag-uk","UK build to suit arrangements are typically structured as an agreement for lease with a collateral development agreement, rather than a single BTS instrument. The Landlord and Tenant Act 1954 gives commercial tenants security of tenure rights that can materially affect the developer's ability to recover possession at lease end — most BTS leases are contracted out of the Act. RICS guidance on construction cost management and the JCT suite of building contracts are standard references for UK BTS construction obligations.",{"code":499,"name":500,"flag_asset_id":501,"note":502},"eu","European Union","flag-eu","EU member states have divergent commercial property and construction law frameworks, making cross-border BTS portfolios complex to standardize. GDPR considerations arise where tenant data infrastructure is incorporated into the building specification. In Germany, the notarial form requirement for real property transfers and long-term leases means that BTS agreements and any memoranda must be notarized. French BTS transactions often use the 'bail en état futur d'achèvement' (BEFA) structure, a civil-law instrument with specific statutory requirements for construction guarantee and rent commencement.",[246,246,504,505,506,507,253,508,509,510,511,512],"construction-agreement-D13002","bid-proposal-D12677","real-estate-purchase-agreement-D13234","non-disclosure-agreement-nda-D12692","independent-contractor-agreement-D160","invoice-D12538","purchase-order-D1411","termination-of-lease-obligation-D1202","property-management-agreement-D1196",{"emit_how_to":200,"emit_defined_term":200},{"primary_folder":131,"secondary_folder":515,"document_type":516,"industry":517,"business_stage":518,"tags":519,"confidence":524},"real-estate-and-leases","agreement","real-estate","all-stages",[517,520,521,522,523],"build-to-suit","lease-agreement","commercial-property","landlord-tenant",0.95,"\u003Ch2>What is a Build To Suit Agreement?\u003C/h2>\n\u003Cp>A \u003Cstrong>Build To Suit Agreement\u003C/strong> is a legally binding contract between a property developer (or landlord) and a commercial tenant in which the developer agrees to construct a purpose-built facility to the tenant's precise specifications, in exchange for the tenant's commitment to occupy and pay rent on the completed building under a long-term lease. Unlike a standard commercial lease — which governs occupancy of an existing structure — a build to suit agreement is executed before the building exists and governs two distinct phases: the pre-construction and construction phase (specifications, milestones, cost allocation, and delivery obligations) and the post-completion lease phase (rent, term, renewal options, and tenant rights). The agreement functions as both a construction delivery contract and a lease instrument, creating enforceable obligations that run for the full economic life of the project.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Without a properly executed build to suit agreement in place before construction begins, a tenant has no contractual basis to enforce the specifications to which the building was promised, no defined remedy if delivery is late or the facility is materially deficient, and no protection if the developer sells the property or defaults on its construction loan mid-project. Developers face equivalent exposure: without a binding tenant commitment, they cannot secure permanent financing, and a tenant who walks away after groundbreaking leaves the developer with a partially completed, purpose-built facility that is difficult to re-let. The agreement locks both parties into their obligations before capital is deployed, converts vague understandings about building quality and delivery timing into enforceable standards, and — when a memorandum is recorded against title — protects the tenant's leasehold rights against subsequent purchasers and encumbrances for the full lease term. This template gives you the structural framework to capture all of those obligations in a single, organized document that legal counsel can review and finalize efficiently.\u003C/p>\n",1781185957413]