0
What else can I help you with?
What is mean by leasehold premises?
A leasehold premises is a property that is held by a lease. The occupants can remain on the property and in possession until the lease has expired.
What does non-demised mean?
"Non-demised" refers to property or space that is not leased or rented out to a tenant. In a real estate context, it typically indicates areas that remain under the control of the property owner and are not included in a tenant's lease agreement. This term is often used to clarify responsibilities for maintenance, access, and use of certain areas within a property.
What is the meaning of demised property in a lease?
I believe that it is referencing the land being leased.
Is it on the office premises or in the office premises?
on
What is business premises burglary insurance?
It's burglary,, "Theft" coverage for the business premises.
What are the demised premises in a shopping center lease?
"Demised" means transferred by lease or otherwise for a limited time "premises" means a tract of land including its buildings or a building together with its grounds or other appurtenances.
What is the meaning to say demised premises in lease agreement?
the part that you rent
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.
Is it proper to say the demised premises is or the demised premises are?
In a Lease agreement for a Building being constructed, it may say:'said premises and the building and other improvements thereon, upon completion of construction, are hereinafter called the "demised premises".'Etymology and usage: 'Premises' is from Medieval Latin praemissa, a plural word, meaning the "things mentioned before" and was used in legal documents. In Middle English, premises was defined as being "that property, collectively, which is specified in the beginning of a legal document and which is conveyed, as by grant, …". In due course premises was also legally extended to mean "a house or building with its grounds or appurtenances," a usage which was recorded before 1730.In a general sense today, premises means a piece of land together with the building(s) on it, or even just a building with all its parts. Therefore the word 'premises' is always plural when used in this way.
What does demised mean?
rented space
What is leased premises?
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)
What happened to highwaymen when they got demised?
It is crash.
In real estate law what is the definition of the term demise?
Demise had a broad historic definition in real estate law.Its technical meaning is to convey land by deed to another for a limited time period. That grantee would not acquire the fee. The grantor retains the fee. The "demised premises" is generally taken to mean the premises are leased.In its broadest use demise can also mean to convey land in fee or for life. However, that form isn't used often in that context.Demise can also mean to transfer title to land by will or succession. However, the word generally used to denote that type of transfer is devise.
What does POP mean in pet ads?
Parents on premises
What is mean by leasehold premises?
A leasehold premises is a property that is held by a lease. The occupants can remain on the property and in possession until the lease has expired.
What is the plural of premise?
The plural of the noun premise (proposition) is premises.*The term premises is also used collectively to mean grounds or property.
What does it mean when premises are stated or unstated?
Stated premises are explicitly mentioned in an argument or discussion, while unstated premises are assumed to be true but are not explicitly stated. Both stated and unstated premises play a role in supporting the conclusion of an argument. Unstated premises are often implied and can be inferred by understanding the context of the discussion.
