Premises Closure Clause Samples
The Premises Closure clause outlines the conditions and procedures for closing or vacating a leased property at the end of a lease term or upon early termination. It typically specifies the tenant’s obligations regarding the condition of the premises, such as removing personal property, repairing any damage, and returning keys or access devices. This clause ensures that both parties understand their responsibilities during the transition, minimizing disputes and facilitating a smooth handover of the property.
Premises Closure. Tenant shall see that the doors of the Premises are closed and securely locked before leaving the Building and that all water faucets, water apparatus and electricity are entirely shut off before Tenant or Tenant’s employees leave the Building. Tenant shall be responsible for any damage to the Building and/or Common Area Facilities or other tenants caused by a failure to comply with this rule.