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Green Lease Fundamentals for Tenants

November 07, 2011

Landlords are adopting green provisions in standard leases to advance business and sustainability goals. Tenants and their brokers now need to understand green leasing issues for the same reasons, or risk losing in these green lease negotiations. The prepared tenant will have a working command of fundamental green leasing issues, including common area maintenance charges, utility cost-sharing arrangements and green building law compliance to assure its legal and economic interests are protected and its own sustainability goals are realized. This article examines from a tenant's perspective fundamental green leasing issues that arise in the context of lease and tenant improvement work letter negotiations and premises build-out.

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