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Fillable Printable Simple Memorandum of Lease Agreement

Fillable Printable Simple Memorandum of Lease Agreement

Simple Memorandum of Lease Agreement

Simple Memorandum of Lease Agreement

This instrument prepared by:
USA Title of AL, Inc
3829 Lorna Rd, Ste 322
Hoover, AL 35244
MEMORANDUM OF LEASE AGREEMENT
This Memorandum of Lease Agreement (the “Memorandum”) is entered into this
7
th
day of December, 5/7/12, by and between XYZ Corp, an Alabama corporation (“Landlord”),
whose address for purposes hereof is 2000 XYZ Ave, Ste 100,
Birmingham, Alabama 35203 and ABC, LLC, an Alabama Limited Liabilty Corporation
(“Tenant”), with its address for notice purposes being 2000 ABC St, Ste 100, Birmingham,
Alabama 35203.
Recitals
A. Landlord and Tenant have entered into a Lease Agreement (the Lease”)
dated as of XXX XX, 20XX pursuant to which Landlord has demised and let to Tenant 2000
ABC St, Ste 100, Birmingham, Alabama 35203, as more particularly described on Exhibit A
attached hereto and made a part hereof (the “Leased Premises”).
B. Landlord and Tenant desire to execute this Memorandum, which is to be
recorded in the Public Records of Jefferson County, Alabama, in order that third parties may
have notice of the estate of Tenant in the Leased Premises and of the Lease.
Agreement
NOW, THEREFORE, in consideration of the rents and covenants provided for in
the Lease to be paid and performed by Tenant, Landlord does hereby demise and let unto Tenant
the Leased Premises on the terms, and subject to the conditions set forth in the Lease, among
which are the following:
1.
TERM. The initial term of the Lease shall be for a period of Forty (40) years,
commencing July 1, 2007, and ending on June 30, 2047.
2.
IF EASEMENTS AND EXCLUSIVE USE ARE GRANTED, INCLUDE
LANGUAGE FROM LEASE.
3.
INCORPORATION OF LEASE TERMS BY REFERENCE. All of the terms,
conditions, provisions and covenants of the Lease are incorporated in this Memorandum by
reference as though written out at length herein. In the event of any inconsistency between the
provisions of this Memorandum and those of the Lease, the provisions of the Lease shall control.
Copies of the Lease are held by both Landlord and Tenant at their respective addresses first set
forth above.
1
IN WITNESS WHEREOF, the Landlord and Tenant have caused this
Memorandum to be executed by their respective duly authorized representatives as of the date
first above written.
Landlord: XYZ Company, Inc.
_________________________________
By______________________________
Its_____________________________
Tenant: ABC Company, LLC
By______________________________
Its_____________________________
Notary Public
Commission Expires
2
EXHIBIT A
[Legal Description]
3
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