Tim Crowe Orchestral Supplies Company, an Arizona corporatio…

Tim Crowe Orchestral Supplies Company, an Arizona corporation, has been negotiating with Robinson Equities III, LP, a Florida limited partnership, to lease one of Robinson’s downtown Pensacola buildings. Tim Crowe Orchestral Supplies Company is very private about its finances and operations, and has insisted its broker includes a non-disclosure/confidentiality agreement in the Letter of Intent between Robinson Equities III, LP and Tim Crowe Orchestral Supplies Company. In order to strengthen the LOI’s confidentiality/non-disclosure provision, this clause has been made specifically  _____________________  in the Letter of Intent. (Select one answer only.)

James Metaphysics Textbooks is considering a lease at the Al…

James Metaphysics Textbooks is considering a lease at the Alfred Thinking Mall. While James is the top-of-the-line specialty interest bookseller in the world, it is actually a small company and does not have the operational capacity to administer the improvements in a stand-alone building. Alfred Thinking Mall happens to have a vacant 1,500 square foot outparcel available which meets James Metaphysics Textbooks’ particular location, size, and customer-base demographic needs, although the building on the outparcel was previously used as a full-service submarine sandwich restaurant, and it will repurpose and finish-out the building for James Metaphysics Textbooks per James Metaphysics Textbooks’ architect’s and interior designer’s plans. Given the facts as presented Alfred Thinking Mall and James Metaphysics Textbooks enter into a  _____________________  lease. (Assume no additional facts or special circumstances.) (Select one answer only.)

Linda Shocknek is building Sebastian Central, a mid-price po…

Linda Shocknek is building Sebastian Central, a mid-price point residential development in Meredithtown. The community she is developing is presently zoned to allow one single family residence per five acres, but her pro forma requires her to develop it as one residence per acre. Ms. Shocknek, her lawyer, and her civil engineer applied for a zoning variance. Hearings were held before the Zoning Commission, which approved Sebastian Central’s development plan with conditions. Ms. Shocknek has fulfilled those conditions, and now proceeds to the Meredithtown Commission for final plan approval, and, accordingly, the issuance of a zoning variance permitting Sebastian Central to move forward to construction and sales. The Meredithtown Commission heard neighborhood, developer, and expert witness testimony, with cross-examination, at this  _____________________  hearing. The Meredithtown Commission approved the zoning variance and issued an ordinance permitting Sebastian Central to begin its construction work. SebastianCentral ended up being a lovely community, and materially increased Meredithtown’s total property tax base. (Select one answer only.)

James Music Shoppe will be leasing a 2,500 square foot unit…

James Music Shoppe will be leasing a 2,500 square foot unit at the Pell Shopping Centre. Pell Shopping Center’s broker prepared a Letter of Intent describing the transaction. As is typical with Letters of Intent, the Pell Shopping Centre/James Music Shoppe LOI outlines the lease structure and should include (at least) the following elements: (Select one answer only.)

Crittenden & Haney, LLC is a franchisee to Dietrich’s Fancy…

Crittenden & Haney, LLC is a franchisee to Dietrich’s Fancy Outfits Franchising, Inc., and will do business as “Dietrich’s Fancy Outfits” accordingly. Crittenden & Haney, LLC is owned by Josh and Jade Crittenden-Haney, who were married in 2011. Crittenden & Haney, LLC is leasing a 1,1150 square foot suite at The Countryside Mall in The Villages, Florida. The Countryside Mall will require Josh and Jade Crittenden-Haney to provide a(n)  _____________________  provision with its lease. (Select one answer only.)

Hope & Square Bass Guitars and Amps Co., a Kansas corporatio…

Hope & Square Bass Guitars and Amps Co., a Kansas corporation, is expanding its retail store and music school by leasing a retail suite at the second floor of the Lakeland Music Mall. The suite is just perfect for Hope & Square – it is located near a train station, has a well-operated parking garage, and the rear of the suite can be easily built-out for instrument demonstrations/try-outs and lessons. Squure & Hope typically uses F. Sheehan Contractors to conduct its improvement work. Lakeland Music Mall has a mortgage with Valori Loan Services. In order to properly observe the covenants of its mortgage, and to protect its interests, Lakeland Music Mall includes a(n) _____________________ paragraph in its lease to Squire & Hope. (Select one answer only.)

Adronis Family Ice Cream Parlors, LLC pays Gary, LP a single…

Adronis Family Ice Cream Parlors, LLC pays Gary, LP a single “all-inclusive” rent check each month of the lease term (including during all extensions or renewals). Adronis Family Ice Cream Parlors, LLC separately pays its metered utility costs to the local utility. Gary, LP and Adronis Family Ice Cream Parlors, LLC have entered into a _____________________  rent lease. Assume no other facts or special circumstances. (Select one answer only.)