What improvements is a landlord responsible for when giving tenant possession?

Typically, what improvements is a landlord responsible for when giving possession of an existing restaurant to another restaurant tenant?

i.e. interior demolition, water line, sewer lines, gas lines, etc. etc.

dangermouse

in General Discussion 9 years and 2 months ago

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resident2 | 9 years and 2 months ago

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Commercial leases are open to negotiation. If you are taking a build to suite lease it is all spelled out in extreme detail.
Most other commercial leases are rented As-Is and the tenant is responsible to build out to accommodate their business with in local laws etc

slopefarm | 9 years and 2 months ago

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Commercial RE is not my areas, but I would think that is entirely a negotiated item. this is commercial, not L&T, so a lot less is governed by statute or regulation. Potential tenant inspects, asks for what they want, owner says yes or no, they agree to terms and that is it, I think.

daveinbedstuy | 9 years and 2 months ago

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In most cases, absolutely nothing. Let them deal with the permits and the work though I assume you’d supply water, gas and electric service to the building.