reinsw commercial lease fm00900

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SPECIAL CONDITIONS 31. a The Tenant shall not assign or sub-let or part with possession of the Premises or any part thereof except with the written consent of the Landlord. b. The Landord shall not
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Welcome to expert answers have you ever been in business and thought we're going to need some premises let's go and leave some premises because we haven't got the money to buy but we don't mind renting and the Landlord presents you with the lease and you have a quick flick through it and you see yes that looks fine and dandy it's the premises we want it's the price we want and I see here that with responsible for various things and we're responsible for repairs you need to be very wary before you sign anything make sure that you've read it and make sure that you understand it because if you sign a document a commercial document without reading it legally you've understood it even if you're not ready it doesn't matter but you've read it you don't understand it if you sign it you agree to it and you understand it so don't sign anything unless you understand it commercial leases have generally got one clause Inc which is to be avoided like the plague there are lots of courses in it sometimes they can run to a lot of pages the one clause you want to avoid which will be hidden in there somewhere it's the one about repairs now don't get me wrong generally the lease will require you to do repairs that's not a problem it's the wording of the repairing clause that's the problem for you because it will say quite innocently the tenant is responsible for keeping the building in good and tenant abang repair that seems okay doesn't it wrong that really really is not okay if that plaus is in the lease commercial lease and you move into the property when you move in it's a bit dilapidated it looks a mess and you do a lot of work to it and it looks pretty good you'd be justifiably pleased with yourself and then a few years later whatever you decide you want different premises you want to move your larger premises you want smaller premises and you come to move out and you've kept the place in reasonable repair in fact it's a much better condition than it was when you moved in did you know that the landlord is entitled because of that pause I'm going to repeat it for you in a minute because of that clause he's entitled to have the property poor back into good condition even though it was a mess when you moved in remember the wording of the clause the tenants that keep the property in good and tender ball repair that means but if it's a mess when you move in it's got to be in good and tangible repair when you move out avoid that phrase what you want to do is add in something and the sentence that you are Dean is really simple and it can save you thousands if not tens of thousands of pounds and that Clause is that the tenants got to keep the property in good intent of a repair but this clause doesn't require the tenant to put the property into any better condition than at the date of the lease what that means is that if it's a mess when you move in it's okay if it's a mess when you move out of course you could have to prove what kind of mess it was when he moved in...