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Construction of the Premises

Construction of the Premises

Name: Construction of the Premises
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.73 (436 reviews)

Category:

Landlord Tenant - Commercial Leases

State:

Multi-State

Control #:

US-OL12016

Format:

Instant download

Description

This office lease form describes the landlords costs and expenses for all work performed and the conditions under which the construction is to be completed. It also states the tenants plans and specifications.

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FAQ

In Contract Law, Terms means Terms of a Contract, the conditions and warranties agreed upon between parties to the contract. Contract terms may be verbal or in writing. Conditions are those terms which are so important that one or more of the parties would not enter into the contract without them.

: inside a building or on the area of land that it is on The hotel has a restaurant on the premises. No smoking is allowed on the premises.

Premises. n. 1) in real estate, land and the improvements on it, a building, store, shop, apartment, or other designated structure. The exact premises may be important in determining if an outbuilding (shed, cabana, detached garage) is insured or whether a person accused of burglary has actually entered a structure.

The Merriam-Webster dictionary defines premises as a tract of land with buildings thereon, whereas premise is a proposition anecdotally supposed or proved as a basis of argument or interference.Premises, already a single noun, cannot be replaced by premise, and the two are quite different.

(Entry 1 of 2) 1a : a proposition antecedently supposed or proved as a basis of argument or inference specifically : either of the first two propositions of a syllogism from which the conclusion is drawn. b : something assumed or taken for granted : presupposition.

Definitions. The Premises describes what is being leased. At minimum, this means the land, but can also include buildings and other infrastructure such as greenhouses, wells, and fencing. Leased equipment could be part of the Premises, or could be contained in a separate lease.

The property refers to the entirety of the land, buildings, structures, equipment, etc., owned by the landowner, while the premises refers to only that portion of the property and/or components of it that are the subject of the lease.

Construction of the Premises

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