What is the 'Leased Premises' referring to in 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 FDD, the 'leased premises' refers to the physical location where the franchisee will operate their Creative World School business. Specifically, Section 3 of Item 23 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. This indicates that the lease agreement is for a property intended to house the franchisee's school.
Furthermore, Section 4 outlines the franchisee's responsibilities regarding alterations, additions, and improvements to the leased premises. While franchisees can make non-structural changes without the landlord's consent, any structural alterations require prior written approval. It also clarifies that any alterations or improvements made to the property, excluding the franchisee's personal property like furniture and equipment, become the property of the landlord upon the lease's expiration or termination, unless otherwise agreed upon. This highlights the importance of understanding the terms of the lease agreement regarding property ownership and modifications.
Section 4.2 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 and preventing any liens from being attached to the leased premises. This section emphasizes the franchisee's financial responsibility for any construction-related issues and the need to protect the landlord's property from potential legal claims. Creative World School also requires that any site for a franchised school be no less than 9,400 square feet.