Saginaw Valley State University School/University Partnership Office REAL PROPERTY LEASE AGREEMENT DUE DILIGENCE QUESTIONNAIREReal Property Lease Agreement • May 19th, 2016
Contract Type FiledMay 19th, 2016Before an Academy Board votes to approve an agreement to lease real property, the Academy Board must perform sufficient due diligence to establish that the lessor of the facility (“Lessor”) and the facility are suitable for the Academy. Prior to executing an agreement to lease real property (“Lease Agreement”), the Academy Board must obtain sufficient information to conclude that the Lease Agreement, on the terms to be approved, is in the best financial and educational interest of the Academy. At a minimum, and prior to the execution of the Lease Agreement, the Academy Board shall provide the School/University Partnership Office with the completed form.