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Policies and Procedures

Lease Policy/Procedure

Real property leased must be scheduled on NSU's insurance policies.

All leases, contracts, and agreements for facilities, goods for services that either

  • have a monetary obligation in excess of $15,000
  • are for a term of more than one (1) year, or
  • contain provisions relating to liability, default, indemnification or insurance

Must be approved by NSU's counsel and signed by the President or the Executive Vice President for Administration.

With respect to the Health Professions Division, affiliation agreements for placement of its students must be approved by the Chancellor of HPD. Insurance requirements are handled by the Risk Management Office.

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