This office lease clause stipulates the conditions under which alterations may or may not be made to property by the tenant.
This office lease clause stipulates the conditions under which alterations may or may not be made to property by the tenant.
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33-1321 - Security deposits. A. A landlord shall not demand or receive security, however denominated, including prepaid rent in an amount or value of more than one and one-half month's rent.
Alterations means any modification of the improvements, other than Utility Installations or Trade Fixtures, whether by addition or deletion.
The alterations provision of a lease outlines the tenant's rights and obligations when undertaking any alteration work in the premises. In a lease for retail space, the landlord generally maintains responsibility for structural alterations that preserve the integrity of the building.
Alteration refers to a big change made to a building or other structure that essentially creates a different building or structure. It can also refer to a significant change to real estate, especially to a structure, that does not involve adding or removing the exterior dimensions of a building's structural parts.
The Right to Compensation for Improvements gives tenant the right to receive compensation for certain works (or qualifying improvements) that they carried out to their home during the course of the tenancy - should they end their tenancy with the Association.
§ 33-1324(A)(1)); Maintain all appliances must be in working order (A.R.S. § 33-1324(A)(4)); and. Provide running water, reasonable amounts of hot water, and heating and air-conditioning when required by the weather (A.R.S.
B. The landlord or the tenant may terminate a month-to-month tenancy by a written notice given to the other at least thirty days prior to the periodic rental date specified in the notice.
Yes! Improvements made by a tenant that are permanently affixed to real estate become part of the real estate to which they are attached.