University of Virginia Library

POLICY STATEMENT GOVERNING
EXERCISE OF AUTONOMY
IN LEASES OF PROPERTY
Attachment B

THE RECTOR AND VISITORS OF THE
UNIVERSITY OF VIRGINIA POLICY STATEMENT
GOVERNING EXERCISE OF AUTONOMY IN LEASES OF PROPERTY

TABLE OF CONTENTS

               

		PAGE
I.	Preamble	1
II.	Definitions	2
III.	Scope of Policy	3
IV.	Requirements for Leases	4
	A. Factors To Be Considered When Entering Into Leases	4
	B. Competition to Be Sought to Maximum Practicable Degree	4
	C. Procurement of Leases	4
	D. Approval of Form of Lease Required	5
	E. Execution of Leases	5
	F. University as Lessor	5
	G. Compliance with Other Provisions of Law	6
	H. Certification of Occupancy	7
	I. Copies of Leases and Amendments Forwarded to Department of General Services	7
	J. Implementation of Board of Visitors Policies, Procedures and Guidelines	7