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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 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 demised premises mean?
rented space
What is a commercial lease?
a written agreement concerning a piece of property used as a bussiness
What are questions for commercial real estate lease?
When considering a commercial real estate lease, important questions to ask include: What are the lease terms, including duration and renewal options? What is included in the rent, and are there any additional costs such as maintenance fees or property taxes? What are the policies regarding modifications to the space and subleasing? Lastly, what are the termination clauses and conditions for returning the property at the end of the lease?
What is the meaning to say demised premises in lease agreement?
the part that you rent
What does demised premesis mean?
Demised premises refer to a specific property or space that is leased or rented to a tenant under a lease agreement. This term typically outlines the boundaries of the property being leased, including any structures and land associated with it. The tenant gains exclusive rights to occupy and use the demised premises as stipulated in the lease, while the landlord retains ownership of the property.
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 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.
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.
What happens to a written lease agreement when the land owner conveys the land to another person?
If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.
Can you be on a lease for a property without actually living there?
Yes, you can be on a lease for a property without actually living there. Being on a lease means you are legally responsible for the terms of the lease, regardless of whether you reside at the property.
What to do if there is a lease agrement and the owner dies and there is no will and liens on the property?
If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.
Is a lease valid if owner turns property over to a property manager?
Yes. As long as that is not prohibited in the lease.
Can one owner lease out property that is jointly owned?
No. All the owners would need to consent to the lease by signing it. If all the owners of the property, or their duly appointed agent, didn't sign the lease it would not be a valid lease. All the undivided interest owners have the right to the use and possession of the whole property but one owner cannot encumber the whole property.A lease signed by only one of the owners of the property is not binding on the other owners. The tenant would not have their permission to lease their property.
Can a tenant come back 2 months later and dig up her plants?
No. Plants in the ground fall into the area of "leasehold improvements" and therefore become part of the real property covered by the lease - known as the "demised premises." As such, plants which are IN the ground have the same legal status as a fence and become the property of the owner rather than thenant, and they cannot be removed without the owner's permission.
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.
