Common Contracts
1 similar Tenancy Agreement contracts
Demised premises in tenancy agreementTenancy Agreement • March 23rd, 2021
In property law, 'demise' means to transfer by lease. The phrase ‘demised premises’ generally refers to premises that have been transferred by lease, as opposed to the ‘retained parts’ which are not transferred but are retained by the landlord. The phrase can also be used in property deeds, and can sometimes be considered to include the duration of the lease as well as the physical extent of the premises. The demised premises therefore are generally the parts of the premises that the leaseholder or tenant is permitted to occupy. It is very important to check that the extent of the demised premises set out in the lease correctly reflects both parties understanding of what the leaseholder or tenant is permitted to occupy and what are the retained parts. This may be set out in terms of an address and a plan or plans with the demised premises clearly edged in black or red. The extent of the demised premises may include; parts of a building (perhaps including lofts or basements) parts of th
