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When a lease ends does the tenant takes all the construction and equipment?
A friend of mine has a restaurant and his commercial lease ended, can he take all the construction such as hot table, sinks, etc… or he leaves it to the landlord?
Also , When he leased the restaurant there was no construction what so ever, and he put all the construction to start the business
Mail this postTechnorati Tags: commercial lease, landlord
September 3, 2009 | Filed Under Equipment Leasing Questions
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5 Responses to “When a lease ends does the tenant takes all the construction and equipment?”
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- Wildcat on Do you think apartment complexes should be sued for failure to provide services aside from maintenance?
- Mr Placid on Do you think apartment complexes should be sued for failure to provide services aside from maintenance?
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- Designer Dogs are fancy mutts on Do you think apartment complexes should be sued for failure to provide services aside from maintenance?
- chatsplas on Do you think apartment complexes should be sued for failure to provide services aside from maintenance?
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- in the China Shop on I want to open a restaurant?
- Sam San on I want to open a restaurant?
- Henry on I want to open a restaurant?
- Metal M on What do you think about my business idea…could this work?
This should be clearly stated in his lease.
The standard that anything that is installed or bolted down stays. Anything portable leaves.
The hot table, sinks, lighting fixtures, ovens , stoves, etc would all stay in the building unless specified in the lease agreement.
The lease agreement might very well state that the building has to be returned to the original condition, which would mean not only removal, but repair of any sign that the buillding was ever used for any purpose.
Depends on the lease. If he leased those items along with the building, then no. If he contracted to have the equipment installed, then yes.
what the the lease state in writing ? It should have a section as to fixtures of tenant.
some leases the tenant must return the space back to the original condition at signing of lease and remove all alterations, other leases the landlord owns anything connected, nailed or screwed to the premises. Its all going to depend on the lease and if he/she does not understand it, first they should have not signed it but, consult an attorney for clarification.
Usually permanent modifications you make stay with the building - if you try to remove certain things that were installed you could cause damages and result in problems with your landlord. However, smaller changes or modifications that were not there before-hand and would say "not be noticed" if removed (this means no holes, gaps, or obvious removal debris, then you can take those items.
Obviously you can not take items that were there when you began your lease - they remain the property of the landlord.
Depends on the lease and local laws regarding real estate, but generally if there is something work related your friend can take it with him as long as the lease has not expired. After lease expiration forget it. Would check with a local real estate attorney.