Red Line vs. Black Line in site plans difference?
Whether it is in an offer to lease or in the lease itself, do not outline the tenant's premises in red.
Why not?
Usually many copies are made of either the offer or the lease in which the site plan of the tenant's premises is included.
After the first or second copy, it is often forgotten to outline the tenant's premises in red.
Better that the premises be cross hatched in black, as you can run as many photocopies of the site plan as you wish, but the premises will always come out cross hatched in black.
Giving Notice:
Make sure that whenever either party has to give notice, they must give it in accordance with the terms of the lease.
Lessee vs. Lessor – Is there a Difference?
YES.
It is too easy to make a mistake using the terms "lessor" and "lessee". Instead, use "Landlord" and "Tenant".
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