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Updated about 4 years ago,
Who is responsible for leased space upkeep in this situation?
Good afternoon everyone!
So, I know that in most tenant/landlord situations, most of the maintenance of the general premises is the responsibility of the landlord to maintain, since they are usually the ones that own the space and likely paid for most of the improvements for the tenant.
What if a tenant pays for the improvement of the space from "warm dark" shell up to their finish. They of course own the improvements for depreciation purposes for the duration of their lease. But if we have issues arise with maintenance, i.e. dropped ceiling issues, I don't even know....normal stuff. Then would they be responsible for the upkeep of that?
I appreciate it!
Dave