This office lease clause stipulates the conditions under which alterations may or may not be made to property by the tenant.
This office lease clause stipulates the conditions under which alterations may or may not be made to property by the tenant.
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A Standard Clause containing alterations provisions commonly found in a commercial real estate lease. This Standard Clause generally favors the landlord, but includes integrated notes with important explanations and drafting and negotiating tips for both landlords and tenants.
This Letter of Consent to Alterations should be used where the Tenant wishes to carry out minor alterations to the property and, under the terms of the tenancy agreement, the Landlord's consent is required. This Letter of Consent should only be used for minor works, e.g. fitting new shelves or window blinds.
If consent is unreasonably withheld it is treated by the courts as given so the tenant may proceed with the alterations. However, in most cases the tenant should not be making alterations without having first received the landlord's consent in writing.
Alterations means any modification of the improvements, other than Utility Installations or Trade Fixtures, whether by addition or deletion.
Tenants have the right to peaceful possession, demand receipts for payments, pay rent on time, take care of the rental property, and comply with rules and regulations. Both parties have legal remedies available in case of disputes or violations of rights and obligations.
Yes! Improvements made by a tenant that are permanently affixed to real estate become part of the real estate to which they are attached.
Tenant alterations are any changes the tenant wishes to make to a property, whether they be internal or external. Examples include installing new countertops and decorating in the tenant's brand style. Tenant alterations can only be made to the property as defined in the lease.
A tenancy agreement can normally only be changed if both you and your landlord agree. If you both agree, the change should be recorded in writing, either by drawing up a new written document setting out the terms of the tenancy or by amending the existing written tenancy agreement.