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.
Tennessee Aggressive Clause Dealing with Reentry and Continuing Access to the Demised Premises
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US-OL1502
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FAQ
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.
A demising clause states when the landlord will lease the property and the date the tenant will take possession.
The landlord may enter the premises without consent of the tenant in case of emergency. ?Emergency? means a sudden, generally unexpected occurrence or set of circumstances demanding immediate action.
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.
Demise means transfer of property by a lease or will.
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.
Termination by Landlord for Violence or Threats to Health, Safety, or Welfare of Persons or Property.
The landlord and tenant may agree in writing that the tenant perform specified repairs, maintenance tasks, alterations, and remodeling, but only if the transaction is entered into in good faith and not for the purpose of evading the obligations of the landlord.
