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.
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