Altered states

Many commercial leases enable a tenant to conduct physical alterations to the premises demised: some works require landlord's consent, some do not. Certain leases, or licences to conduct alterations, require the tenant to remove some or all alterations at the lease end and restore the premises...

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Bibliographic Details
Published inBuilding Surveying Journal p. 18
Main Author King, Vivien
Format Journal Article
LanguageEnglish
Published London Royal Institution of Chartered Surveyors 01.12.2016
Subjects
Flooring
Landlord tenant relations
Leases
Negotiations
Office space
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Summary:Many commercial leases enable a tenant to conduct physical alterations to the premises demised: some works require landlord's consent, some do not. Certain leases, or licences to conduct alterations, require the tenant to remove some or all alterations at the lease end and restore the premises to the physical state at commencement. This article is not concerned with the meaning and effect of those covenants, neither with when nor how the landlord should make their request to restore the premises to their original condition. Whatever the reason and procedure, negotiations will almost certainly have been protracted, usually in relation to rental levels, and little thought will have been given to the premises to be demised.
ISSN:1750-1032
1759-3387