Tennessee Alterations Clauses Reasonable and Practical Approach

State:
Multi-State
Control #:
US-OL12042
Format:
Word; 
PDF
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Description

This office lease form states the conditions where, subject to the prior written consent of the owner, the tenant, at tenant's expense, may make alterations, installation, additions or improvements which are non-structural and which do not affect utility services or plumbing and electrical lines, in or to the interior of the demised premises using contractors or mechanics first approved by owner.

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FAQ

§ 47-18-5101 et seq.) Tennessee's price gouging laws make it unlawful for individuals and businesses to charge unreasonable prices for essential goods and services, including gasoline, in direct response to a disaster regardless of whether the emergency occurred in Tennessee or elsewhere.

In essence, this duty requires parties to a contract to act in good faith and with honesty in exercising their rights under a contract and in delivering their obligations under a contract.

The duty of good faith includes a duty not to act in bad faith ? meaning a prohibition on conduct which would be regarded as commercially unacceptable by reasonable and honest people but not necessarily dishonest.

The Tennessee Supreme Court ruled that where contracting parties have agreed to allow assignment of a contract with the consent of the non-assigning party, and the agreement is silent regarding the anticipated standard of conduct in withholding consent, an implied covenant of good faith and fair dealing requires the ...

You cannot be evicted without notice. The landlord cannot change the locks or shut off your utilities to make you leave. Most of the time, a landlord needs to go to court before evicting you.

When a contract vests one party with a degree of discretion in performance (example: applying for a loan, performing inspections, negotiating repairs), there is an obligation of Good Faith to observe reasonable limits in exercising that discretion consistent with common standards of decency, fairness and reasonableness ...

Generally, indemnification (or indemnity) is an undertaking by one party to compensate the other party for certain costs and expenses. Indemnity is imposed either by law or contract in Tennessee.

The Duty of Good Faith and Fair Dealing In general, every contract contains an implied duty of good faith and fair dealing. This duty requires that neither party will do anything that will destroy or injure the right of the other party to receive the benefits of the contract.

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Tennessee Alterations Clauses Reasonable and Practical Approach