Altered states

Vivien King considers the implications for reinstatement clauses of lease renewal in demised premises that have been altered by tenants Many commercial leases enable a tenant to conduct physical alterations to the premises demised: some works require landlord's consent, some do not. The identit...

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Bibliographic Details
Published inProperty Journal p. 26
Main Author King, Vivien
Format Journal Article
LanguageEnglish
Published London Royal Institution of Chartered Surveyors 01.05.2017
Subjects
Flooring
Landlord tenant relations
Office space
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Summary:Vivien King considers the implications for reinstatement clauses of lease renewal in demised premises that have been altered by tenants Many commercial leases enable a tenant to conduct physical alterations to the premises demised: some works require landlord's consent, some do not. The identity of the property demised by a lease depends on the way the documentation is constructed but, as Nicholas Dowding and Kirk Reynolds point out in Dilapidations: The Modern Law and Practice, "The description of the demised premises in the lease must also be read in the light of the objective facts reasonably available to the parties at the date of the lease." Equally, the parties' building surveyors could bring this matter to their respective clients' attention, for instance, agreeing works to be conducted pursuant to the old lease and advising that a schedule of works to be conducted at the lease expiry be annexed to the new lease.
ISSN:2053-0935
2053-5732