What are the rights and responsibilities of landlords and tenants in an industrial real estate lease?
FAQ » Industrial » Rights And Responsibilities Of Landlords And Tenants In An Industrial
The rights and responsibilities of landlords and tenants in an industrial real estate lease will vary depending on the specific terms of the lease. However, some common rights and responsibilities include:
Landlord:
Provide the tenant with access to the property
Maintain the exterior of property in good condition
Pay property taxes and insurance
Tenant:
Pay rent on time
Maintain the interior property in good condition
Pay for any damages that they cause to the property
Provided by
Swindon Press Room
Swindon Property is a leading commercial and industrial real estate organisation and the commercial associate for international real estate advisor, Savills, for sub-Saharan Africa.
