The department selects a site. Real Property begins negotiations. When all details and a lease cost are agreed upon, Real Property prepares a lease document for signature by Lessor. The approved lease is returned to the JMU Office of Real Property for signature. The fully executed lease is distributed to the appropriate parties.
Most leases provide for automatic renewal options.
The memo must then be signed and returned to the Real Property Administrator. If applicable, a JMU Purchase Requisition should be included with the Renewal Authorization. The approved NLI is returned to Real Property for distribution to the appropriate parties. On occasion, there may be a need to change the terms and conditions of a lease during the lease period. Upon BRPM review and acceptance, the Lease Amendment is forwarded to the Lessor for signature.