This office lease clause is a fairly aggressive clause dealing with reentry and continuing access to the demised premises. This form covers several practical issues.
District of Columbia Aggressive Clause Dealing with Reentry and Continuing Access to the Demised Premises
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Multi-State
Control #:
US-OL1502
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Word;
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How to fill out Aggressive Clause Dealing With Reentry And Continuing Access To The Demised Premises?
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FAQ
The term demised premises means the space or the property let to a tenant under a lease agreement. In the context of leasehold property ownership, it means the property owned by the leaseholder. The word demise comes from the Latin verb dimittere, meaning to send away.
In property law, 'demise' means to transfer by lease. The phrase 'demised premises' generally refers to premises that have been transferred by lease, as opposed to the 'retained parts' which are not transferred but are retained by the landlord.
The demise of something or someone is their end or death. [formal] ...the demise of the reform movement. Smoking, rather than genetics, was the cause of his early demise. Synonyms: failure, end, fall, defeat More Synonyms of demise.
The ?property? refers to the entirety of the land, buildings, structures, equipment, etc., owned by the landowner, while the ?premises? refers to only that portion of the property and/or components of it that are the subject of the lease.
Demise means transfer of property by a lease or will.
The term demised premises means the space or the property let to a tenant under a lease agreement. In the context of leasehold property ownership, it means the property owned by the leaseholder. The word demise comes from the Latin verb dimittere, meaning to send away.