Work Letter Agreement
(Landlord Performs Work, Allowance)

Summary

This template is a Work Letter Agreement (Landlord Performs Work, Allowance) that is an agreement that documents the work to be performed by landlord on tenant's behalf prior to tenant taking occupancy of the leased premises. This template is used when the landlord performs the work and the landlord pays the costs of the work up to an agreed upon allowance with tenant being responsible for any excess costs above and beyond the allowance. This template may be tailored to suit each transaction. For a full listing of key content covering mechanic's liens, see Mechanic's Lien Resource Kit. For a full listing of key content covering commercial real estate, see First Year Associate Resource Kit: Real Estate. For a full listing of key content covering commercial leasing, see Junior Associate Real Estate Resource Kit (Commercial Leasing).