Focus on Leasing: Commencement Date Issues

Real Estate Counselors, PLLC
Contact

WHEN DOES A LEASE START AND WHEN DO THE TENANT’S OBLIGATIONS BEGIN?

Answers to such questions may not be that simple.

Contractual Obligations – Absent express language to the contrary, each party’s obligations under a lease generally begin when the lease is fully executed, though some obligations may not begin until the term of the lease commences and/or possession of the premises is delivered. A tenant’s obligation to carry insurance and indemnify the landlord, typically begins when the term of the lease commences. If, however, the tenant is permitted early access to the premises (to install furniture and equipment for example), those obligations may begin as soon as tenant enters the premises.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

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.

© Real Estate Counselors, PLLC | Attorney Advertising

Written by:

Real Estate Counselors, PLLC
Contact
more
less

Real Estate Counselors, PLLC on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.