Beware of the Ordinary Wear & Tear Clause in a Commercial Lease

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Ah, boilerplate. It seems so easy and convenient to simply slap a document together using snippets of documents you used in the past. The problem with that approach is that the written word governs the parties' conduct, rights, and responsibilities after it is all signed up. If the words in the contract do not match the reality on the ground, pray that no disputes arise. If they do, those pennies you saved not getting your contract done correctly in the first place could cost you big dollars in getting everything sorted out. The attached article addresses one small area that has caused many a commercial landlord and tenant quite a few bucks after the fact by not paying attention up close to the very important issue of "reasonable wear and tear."

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Timothy McKeown | Attorney Advertising

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