This article will teach you how to add Lease Encumbrance information to a tenant space.
- From the Property & Facility menu, click Properties.
- From the Properties page, click the name of the Property where the desired tenant is located.
- From the [Property Name] page, click the Spaces tab, navigate to the space that you desire to modify, and then click the Suite Number in the Title column.
- Once the Update Space window has opened, navigate to the Lease Information section and select the checkboxes for any Encumbrances that apply to the space:
Field | Explanation |
---|---|
ROFO | Right of First Offer |
ROFR | Right of First Refusal |
RTE | Right to Extend |
Termination Right | Early termination rights |
Signage Right | Building signage rights |
- Fill in the textbox next to each field with useful information such as a brief summary of the encumbrance and/or the section in the tenant's lease.
- Click the Save button.
- The desired Lease Encumbrances have now been added to the space.