Property Law: 21 March 2024
Author: Lauren Woolley & Ralph Davies - Our People
Make good clauses dictate how the tenant should vacate the property once the lease comes to an end, imposing a legal obligation to restore the premises to its original condition before the commencement of the lease.
If the clause is too narrow, the landlord could lose out on necessary repairs; too broad and the tenant could be held accountable for extortionate repair costs.
When considering the terms of a commercial lease, it is important you consider your obligations both during, and at the end of your lease.