What is the 'Leased Premises' referring to in the context of the Creative World School lease agreement?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
sments and charges assessed during the term of this Lease against Tenants leasehold interest or any personal property used in connection with the leased premises.
- 2.4 Sales Tax. Tenant agrees to pay Landlord any applicable sales or privilege taxes imposed in connection with this Lease or the sums payable hereunder. The sales or privilege tax imposed in connection with any installment of Base Rent shall be paid by Tenant together with such installment. This Section 2.4 shall apply to any tax imposed by Florida Statute 212.031, as well as increases in or replacements to such tax and any similar additional tax generally paid by tenants.
- 2.5 Additional Offset Rights. Tenant may offset against the Base Rent due hereunder any sums owed by Landlord to Tenant under the Franchise Agreement or under Section 1.9 (Failure to Deliver Premises) of this Lease.
SECTION 3 USE AND OPERATION
Tenant shall use the leased premises for the purpose of operating a CREATIVE WORLD SCHOOL® Business, or for any other lawful use.
SECTION 4 ALTERATIONS, ADDITIONS AND IMPROVEMENTS
- 4.1 Alterations by Tenant. Tenant shall not make or cause to be made any structural alterations, additions or improvements to the leased premises without Landlord's prior written consent. Tenant may make non-structural alterations, additions and improvements without Landlord's prior consent. All alterations, additions and improvements shall be done in a good workmanlike manner. All alterations, additions or improvements excluding, however, Tenant's furniture, trade fixtures, equipment, and other personal property, shall become the property of the Landlord upon the expiration or termination of the Lease, except as Landlord may otherwise agree.
- 4.2 Construction Liens.
Source: Item 23 — RECEIPTS (FDD pages 80–247)
What This Means (2025 FDD)
According to the 2025 Creative World School Franchise Disclosure Document, the 'leased premises' refers to the physical location where the franchisee will operate their Creative World School business.
Specifically, the FDD states that the franchisee, referred to as the Tenant, must use the leased premises for operating a Creative World School business or any other lawful use. The franchisee cannot make structural alterations to the leased premises without the landlord's written consent, but non-structural changes are allowed. Any alterations or improvements made by the franchisee, excluding furniture, trade fixtures, equipment, and personal property, become the property of the landlord upon lease expiration or termination, unless otherwise agreed.
The FDD also addresses construction liens, stating that the landlord's interest in the leased premises is not subject to liens for improvements made by the franchisee. The franchisee is responsible for paying contractors to prevent liens from attaching to the leased premises. If a lien is filed, the franchisee must discharge or transfer it within 30 days of the landlord's written request, in accordance with Florida Construction Lien Law.
These lease terms are typical in franchise agreements, ensuring the franchisee has a suitable location while protecting the landlord's property rights. Prospective franchisees should carefully review the lease agreement and understand their obligations regarding alterations, improvements, and potential liens on the leased premises.