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.
Ohio 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
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.
A demising clause states when the landlord will lease the property and the date the tenant will take possession.
Demised Space means the portion of the Property in which a Subtenant has an interest pursuant to a Sublease, including, without limitation, any portion of the Roof Top Garden Space or the Lobby Sublease Space.
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.