Real estate leases can be entered into with the UC as a landlord or tenant. A tenancy agreement is a contract in which the lessor agrees to give the tenant the exclusive right to occupy real estate, usually for a fixed term, and in return, the tenant agrees to grant some kind of consideration to the lessor. A rental agreement confers on the tenant an interest in the lease on the property and, unless otherwise stated in the lease agreement, is transferable and irrevocable. APBC is responsible for managing most real estate contracts for ANR. These include leases, licences, facilities, rights of way, access to researchers and other related contracts. The delegation of the 2629 Authority, Capital Project Matters, which has been delegated at a limited level to the Associate Vice President, Associate Vice President – Business Operations, Controller and Vice-Provoste of Research and Extension – is the competent authority for the implementation of real estate agreements. Unless a delegation is granted by Business Revenue Contracts, campus departments are NOT allowed to sign agreements on behalf of the university. Below, we will briefly describe the different types of real estate agreements, the selection and process for real estate agreements, provide templates, provide contact information and insert useful links. A license authorizes an individual or organization to use real estate for specific purposes. Unlike a lease agreement, it does not transfer any interest in the property.
It is personal for the licensee and any attempt to transfer the license puts an end to it. It is (usually) revocable and can be either exclusive or non-exclusive. The types of agreements made by business and revenue contracts include: `For explanation, down payment and tax representation forms, please contact pikka.sodhi@ucop.edu, Director of Administration and Compliance, Finance Capital Markets For more information on the types of real estate contracts, you can access The Facilities Manual Volume 2, Chapter 7 – Capital Planning and Real Estate Approvals. You can also find a full list of agreements on our website. UC Berkeley Fleet Services negotiated special lease conditions for the company site in 1990 at Oxford St. on the west side of the campus. UC insurance coverage is included, but other conditions applicable to this site may differ from system-wide agreements.