Lease Verification Form Clause Samples

A Lease Verification Form clause requires tenants or landlords to complete and provide a standardized document confirming the key terms and status of a lease agreement. Typically, this form is requested by third parties such as lenders, buyers, or property managers to verify details like rent amount, lease duration, and any outstanding obligations. By formalizing the process of confirming lease information, this clause helps prevent misunderstandings and ensures that all parties have accurate, up-to-date records, thereby facilitating transactions or due diligence processes.
Lease Verification Form. For the Lease Verification methodology, the written request shall be in the form of a Requisition from Developer Funds Account as set forth on Exhibit B-2, attached hereto and incorporated herein by reference (a “Developer Funds Requisition”), and shall be accompanied by the executed lease, with, at Developer’s discretion, confidential information redacted, but containing, at a minimum, the building for which the lease is executed, the name of the tenant, the square footage, the date by which the tenant is anticipated to occupy the premises, the obligations of the Developer to the tenant to be fulfilled with the amount to be released from the Developer Funds Account and any other information reasonably requested by the Town.
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