Addendum

TXR 2105Commercial Lease Addendum for Tenant's Right of First Refusal

This addendum gives the tenant a right of first refusal (ROFR) to lease additional space in the property when the landlord receives an acceptable offer from another person. The tenant may match the third-party offer terms within 7 days of notice and must execute a lease or amendment within a specifi

Source: TXR
Form Number: 2105
Category: Addendum
Revised: July 8, 2022

Used For

COMMERCIAL_LEASING

Form Outline

The TXR 2105 form is organized into the following sections:

  1. Additional Space Definition
    Identifies the specific additional space subject to the ROFR by floor, suite, or custom description, acknowledging that rentable area may include common area allocation.
  2. Exercise Process
    Establishes the ROFR exercise process: landlord notifies tenant of third-party offers, tenant has 7 days to match, and must execute documents within a specified period. Includes checkbox for whether the ROFR survives if the original offer falls through.
  3. Partial Offers
    Partial offers affect only the specific space in the offer, preserving the ROFR for remaining additional space. Existing tenant renewals do not trigger the ROFR.
  4. Special Provisions
    Space for additional ROFR-related terms.

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