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What is leased premises?

Updated: 9/19/2023
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11y ago

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You can say either (or 'leasehold premises'). Best avoid 'demised premises' when used in a lay sense however, for the reason mentioned in the question and also because it is an unnecessarily technical term for other than legal reasons.

(Solicitor)

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11y ago
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What does CPE mean after someone's name?

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Right of quiet enjoyment.


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Damage to Premises Rented to You - formerly known as Fire Legal Liability Coverage - covers your liability to others if you occupy leased or rented property for which you could be held legally liable for damage to the property due to fire or explosion.


What is the General Liability Class Code for rented or leased space?

If you mean LAND owned but leased to others for business purposes, I'd use 45539 (lessor's risk only.) Others could be: 61223 Buildings or Premises - Bank and Other Financial Institutions 61216 Buildings or Premises - Bank or Office - Mercantile or Mfg (Lessor's Risk Only) 61227 Buildings or Premises - Office, Not for Profit Only 61226 If you mean LAND owned but leased to others for business purposes, I'd use 45539 (lessor's risk only.) Others could be: 61223 Buildings or Premises - Bank and Other Financial Institutions 61216 Buildings or Premises - Bank or Office - Mercantile or Mfg (Lessor's Risk Only) 61217 Buildings or Premises - Bank or Office - Mercantile or Mfg (Lessor's Risk Only) - Maintained by the Insured - Other than Not for Profit 61218 Buildings or Premises - Bank or Office - Mercantile or Mfg (Lessor's Risk Only) - Maintained by the Insured - Not for Profit Only 61227 Buildings or Premises - Office, Not for Profit Only 61226 Buildings or Premises - Office, Other Than Not for Profit 61225 Buildings or Premises - Office, Premises Occupied by Employees of the Insured, Not for Profit Only 61224 Buildings or Premises - Office, Premises Occupied by Employees of the Insured


What is the definition of Tenant's Legal Liability?

Provides insurance against legal liability for property damage to business premises leased or rented to the insured.


Who owns Spencer plaza in chennai?

The present Spencer Plaza was developed by Mangal Tirth Estate Ltd, who have an office in the same premises and have sold or leased most of the commercial space to the present occupants.


What is the homophone for leased?

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What is correct in the premises or on the premises?

on the premises


When is it proper to say in premises and on premises?

on the premises


What is an example sentence for premises?

It does not match your Premises. That is how we can use Premises.


How does the cloud computing differs from on-premises solutions?

On-premises solutions refer to installations of software on hardware owned or leased by an end-user. Cloud computing provides an alternative for users seeking an alternative to purchasing or leasing their own hardware and facilities. With cloud based services, customers can very easily scale up and down their computing power as the demands fluctuate.


Is it proper to say demised premises instead of leased premises?

According to Webster's New World Dictionary the word demise means death, so it's doesn't make sense to the average person to see the term "demised property" referred to in a lease. Lawyers love to use "legal" sounding language in everything they do, but this is "old school, and is going the way of the dinosaur.