PREMISEES Clause Samples

The PREMISES clause defines and describes the specific property or space that is the subject of a lease or agreement. It typically details the location, boundaries, and sometimes the condition or size of the premises being leased, ensuring both parties are clear about what is included. For example, it may specify a particular suite within a building or outline any shared areas accessible to the tenant. This clause is essential for preventing disputes by clearly identifying the exact property rights and obligations being transferred or granted under the agreement.