Most leases will provide that a tenant is required to return a premises to a certain condition once the lease comes to an end. The requirements of the lease can vary greatly. For instance: Returning the premises to an empty shell where, if the tenant has made any changes to the lighting or the plumbing, for instance, these all need to be returned to the condition they were in prior to that time; and Returning the premises to the condition they were in at the date of entering into the lea...

Most commercial and retail shop leases provide that a tenant is required to refurbish the premises throughout the term of the lease. It is important that the tenant is aware of the following: 1.      When the refurbishment is required to take place. For example, the lease may provide that a tenant is required to do this every 3 years or just before the lease comes to an end; and 2.      What refurbishment requires. For example, refurbishmen...

Are you in the retail business and wondering about your lease terms? Here's a tip: Early determination of rent can be a game-changer! If you have a retail shop lease, don't hesitate to ask your landlord for an early determination of the rent, especially for a market review at the option period. This proactive approach allows you to gauge the landlord's intentions regarding rent charges, helping you make informed decisions about renewing the lease. While these provisions are not ...