Mailing and Shipping Deadlines
The US Postal Service has announced holiday shipping and mailing deadlines. The tables below show deadlines for expected delivery to domestic and military addresses by December 25, 2021.
Hazardous/Toxic Conditions Clause of USPS Lease
The General Conditions portion of the US Postal Service lease contains eleven sections. Sections 1, 4, 5, 8, 10 and 11 are federally mandated.
An Accurate Legal Description of the Post Office Premises is Necessary
It is important for a USPS lease to include an accurate description of the premises leased to the USPS. If the USPS leases an entire parcel, the legal description of the parcel should be used. If the USPS leases only a portion of a larger legal parcel, then the legal description will need to be…
Become Aware of “Other Provisions” Before Signing a Lease, Continued
In October 2015, we examined Paragraph #5 “Other Provisions” in the USPS lease. The provision is used to incorporate various USPS lease riders (e.g., the Utilities Services & Equipment Rider, the Maintenance Rider, etc.) into the lease. This month we discuss the opportunity to use the provision to a separate addendum to add other customized…
Renewal Options in the USPS Lease
The landlord needs to review his or her USPS lease periodically if it contains a renewal option or a series of renewal options. When the USPS is exercising a renewal option, the USPS is required to give the landlord notice during a specific time period. If the Postal Service does not exercise the option before…
Two Possible Situations That Justify Emergency Suspension by USPS
The Postal Service must occasionally order an emergency suspension of service at a postal facility. The most common occurrences which justify such an emergency suspension are when a post office is not tenantable because of storm damage and/or unsafe health or safety conditions, such as those involving the presence of toxic mold or asbestos. When…
The Postal Service & Rent Payments
Like many other governmental agencies, the USPS pays for services after they are rendered. Therefore, rent is paid at the end of the month, which is considered the service period. Rent due for a partial month will be prorated based upon the portion of the month during which the postal service had occupancy. In the…
Landlords: Know Your Building’s Site & Space Boundaries
The landlord needs to know the site area and building area of the properties they lease to the Postal Service. The building area is the net interior square feet of the space. Exterior walls are not included. The site area is the area encompassed by the leased parcel of land. It is the land area…
Make Sure the Landlord Identity is Correct in Your Postal Lease
The parties to the lease agreement are identified in the first paragraph on Page 1 of the USPS Lease Agreement. The Landlord identity needs to be the same as (1) the Grantee’s name on the recorded deed, and (2) the identity of the taxpayer shown in local county records. Unless proper assignment documents are prepared,…
When Will I Negotiate My Postal Lease With CBRE and When Will I Negotiate with USPS?
Postal lessors will usually negotiate a new lease with a CBRE agent. A new lease starts when the old lease expires and there are no options remaining. A renewal lease is one that contains options. When an option on a lease is given to the USPS, the lessor is giving the Postal Service the right…