factual

What is the 'Tenant' referring to in the Creative World School lease agreement?

Creative_World_School Franchise · 2025 FDD

Answer from 2025 FDD Document

efore delinquent all taxes, assessments 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. Landlord's interest in the leased premises is not subject to liens for improvements made by Tenant and Tenant shall have no power or authority to subject the leased premises or any portion thereof to any mechanics', construction or other liens. Tenant shall promptly pay all contractors, subcontractors, materialmen, and laborers so as to prevent any liens from attaching to the leased premises.

Source: Item 23 — RECEIPTS (FDD pages 80–247)

What This Means (2025 FDD)

According to the 2025 Creative World School FDD, the 'Tenant' in the context of the lease agreement refers to the franchisee who is leasing the premises to operate their Creative World School business. Several sections within the lease agreement outline the tenant's rights, responsibilities, and restrictions regarding the use, maintenance, and alterations of the leased property.

Specifically, the FDD details that the tenant is responsible for using the premises to operate a Creative World School, and they must obtain the landlord's written consent before making any structural alterations to the property. Non-structural changes are permitted without prior consent. The tenant is also obligated to maintain the property and prevent any construction liens from being placed on it due to their actions or the actions of their contractors.

Furthermore, the lease agreement includes a 'Quiet Enjoyment' clause, ensuring that the tenant can peacefully use the property for the duration of the lease, provided they adhere to the terms and conditions outlined in the lease. In the event the tenant assigns the lease to another franchisee, specific provisions apply, particularly regarding the franchisor's rights and the notification of any defaults to the franchisor. These provisions collectively define the tenant's role and obligations within the lease agreement, ensuring compliance and protecting the interests of both the landlord and the franchisor.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.