Form agreements for sale and lease transactions are customary in our market. They are especially commonly used in multi-tenant office and industrial leases. Before we draft the first lease, we send the base form and any specific addendums to our client and ask to have their legal advisers review.
AIR states it best, “If you’re executing a deal, you will need contracts. Designed by experts and written to be completely party-neutral, AIR CRE Contracts provide you with totally customizable templates to cover all the necessary bases to close your deal, both legally and efficiently. As a Member, you have access to more than 50 of the most used forms in commercial real estate transactions, complete with up-to-date content. Our forms are regularly reviewed to account for changes in real estate law, as well as incorporate user feedback.”