I think thats its technical term - the clause that states that the tennant must return the property to the same condition (less wear and tear) as when first let.
OK, this is a dumd question but hey. It relates to the purchase of a commercial property thats already tennanted
Does this clause mean that
(i) the tennant returns the property to the condition that the property was in when the rent agreement was first drafted and signed or
(i) does the tennant return the property to the condition that the property was in when sold.
If it is (i) then as the new landlord how would I know what the property looked like before my purchase.
OK, this is a dumd question but hey. It relates to the purchase of a commercial property thats already tennanted
Does this clause mean that
(i) the tennant returns the property to the condition that the property was in when the rent agreement was first drafted and signed or
(i) does the tennant return the property to the condition that the property was in when sold.
If it is (i) then as the new landlord how would I know what the property looked like before my purchase.
