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The term demised premises means the space or the property let to a tenant under a lease agreement. In the context of leasehold property ownership, it means the property owned by the leaseholder. The word demise comes from the Latin verb dimittere, meaning to send away.
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Demised premises are the property that a tenant rents under a lease or rental agreement. Learn how to define and describe demised premises in different types of leases and why it matters for repair and maintenance responsibilities.
Definition: Demised premises are the physical boundaries that identify the property being leased or transferred. These premises explicitly describe what is and what is not a part of the property.
DEMISED PREMISE means all that portion of the Building which is leased or intended to be leased by the Landlord to the Tenant by this Lease, including any additions and improvements to the Building herein provided; Sample 1. Based on 1 documents.
Demised premises are properties leased or rented to someone else through a deed or contract. Learn what demised premises mean, how they can be abandoned or vacant, and how they can be revitalized for new use.
Define Demised Premises. or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at ...
29 Jun 2023 · The term “demised premises” refers to the specific area of a property that is leased or rented to a leaseholder under a lease. This area is explicitly defined in the lease and outlines the physical boundaries of the property being leased or transferred.
