This office lease form illustrates the different time lines for different components of rent, additional rents and other charges, thus creating independent commencement and running dates for measurement, and payment. This form also deals with resulting delays in the performance of either party and the impact on all of the defined measurement periods of any delays. Without reference to other facts and documents, the reader will see the benefit of precise complex definitions and also the danger that can result from the casual review of a document that employs the pyramiding of one definition upon another.
Ohio Allocation of Certain Time Periods for Construction Between the Landlord and Tenant Drafted Using the Pyramiding Technique
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US-OL1051
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FAQ
As a tenant, you have the right to: live in a property that's safe and in a good state of repair.
Leasehold estate. A tenant's right to occupy real estate during the term of a lease, generally considered to be a personal property interest.
Leasehold interest The right held by the lessee or tenant to use and occupy real estate for a stated term and under the conditions specified in the lease.
Leasehold interest The right held by the lessee or tenant to use and occupy real estate for a stated term and under the conditions specified in the lease.
Leasehold. Explanation: A lease defines the period of time during which the tenant has a right to occupy and enjoy a property. At the end of that period, The right reverts to the owner.
After reasonable notice to the tenant (24 hours), you have the right to enter the premises to inspect, repair, make improvements, supply services or show the property.