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INSTRUCTIONS TO BE OBSERVED IN EXECUTING LEASE
<br />1. This standard form of lease shall be used' whenever the Government is the Ies ea off real
<br />property; that wh% thd° total consideration does not exceed $104 and the term of the lease
<br />does not exceed 1 year the use of this form is optionat In all cases where the rental !0 b paid
<br />exceeds $2,000 per annum the annual rental shall not exceed 15 per centum of the fair market value
<br />of the rented premises at the date of lease. Alteratiops, wnprovements, and repazirs ot the rented
<br />premises by the Go-, ernmeut shall not exceed 25 per centum of the amou4t of the rent for the first
<br />year of the rental terns or for the rental term if less than 1 year
<br />2, The lease shall be dated and the full name and address of the lessor clearly written
<br />in paragraph 1
<br />3 The premises shall be fully described, and, in case of rooms, the floor and room nui�ber of,
<br />each room given The language inserted at the end of article 2 of the lease shouJ4 specify only the}
<br />general nature of the use, that is, "office quartexs�" "storage space,'' etc.
<br />4 Whenev4r the leas i executed y a attoorney, gent, our tXysi, on behalf of tYe ,jessor, wo
<br />authenticated 4o ieQ of hi ��j wer pf att4trne , ox p�tTier e i�ieno� t� sct on beQk of the lessor, 's i if
<br />p 1 r J 6 ! Q v C^ $ t� nR xl S Ile) ^i 1
<br />accompany tlie lease
<br />5 When the lessor is a partnership, the names of the partners composing the firurl sballf
<br />be stated in the body of the lease The lease shalt be signed wi#h the partnership name, fo4?wed
<br />by the name of W4 pat�n4 signing the same v
<br />6. Where the lessor is a� corporation, t`he lease shall be signed Wntl� the co�pQ Atq�pame, fol•
<br />lowed by the signature and title of the officer or other person signing the lease on its behalf, duly
<br />attested, and, if requested by the Government, evidence of his authority so to act shall be furnished.
<br />7 Under paragraph 6 of the lease insert necessary facilities to be furnished, such as heat, light,
<br />j amtor service, etc.
<br />8 There shall be lid deviation from this form without prior authorization by the Director of
<br />Procurement, except —
<br />(a) Paragraph 3 may be drafted to cover a monthly tenancy or other period less than a
<br />year , - '
<br />(b) In pazagraph 5, if a renewal for a specified period other than a wear, or for a period
<br />optional with the Government is desired, the phrase "from year to year' shall be deleted and
<br />proper substitution made If the right of renewal is not desired or cannot be secured pard
<br />graph 5 may be deleted
<br />(c) Paragraph,6 may be deleted if the owner is not to furnish additional facilities
<br />(d) If the premises are suitablewithopt alterations, etc , paragraph 8 may be deleted
<br />(e) Paragraph 91 provides that the lessor shall, "unless herein spoczjW to the contrary,
<br />maintain the, saki premiNeW iVL good repair, etc " A modification or 4unmation of this
<br />(+ requirement would I not therefore) be a deviation '
<br />(f) In case the premises consist of unimproved land, paragraph 10 ;nay be deleted
<br />(g) When executing leases covering premises in foreign countries, departure from the
<br />standard form is permissible to the extent necessary to conform to local laws, customs, or
<br />T practice _
<br />(h) Additional provisions, relating to the particular subject matter_ mutually agreed
<br />upon, may be inserted, if not in conflict with the standard provisions, including a mutual
<br />right to terminate the lease upon a stated number of days' notice, but to per`nut only the
<br />lessor so to terminate would be a deviation requiring approval as above provided.
<br />9 When deletions or other alterations are permitted specific notation thereof §hall be entered
<br />in the blank space following paragraph 11 before signing.
<br />10 If the property leased is located in a State requiring the recording of leases in order to
<br />prptect the tenant's rights, care should be taken to comply with all such statutory requirements
<br />S. OOVENNMENT P= lNTIM4 OFFICL 18+-^30881 -1 'P 2090
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