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CPPREP4235 Case Study: Conditions of termination and responsibilities of lessor and lessee. A commercial tenancy you have been managing is coming to an end (end

CPPREP4235 Case Study: Conditions of termination and responsibilities of lessor and lessee.

A commercial tenancy you have been managing is coming to an end (end of lease).

For the case study, refer to your learner guide and the sample "Make Good" provision.

Make Good Provision

When this lease ends, the lessee shall remove its fixtures, fittings and goods and make good any damage to the premises or any property of which the premises may be part caused by such removal and in the event such fixtures, fittings and goods have not been removed by the lessee within 7 days of such expiration or earlier determination then they shall be forfeited to the lessor and shall become the property of the lessor.

(a)Explain 3 typical "make good" provisions at the end of a commercial lease

(I) Make good provision #1

(I) Make good provision #2

(I) Make good provision #3

(b) Explain the lessee's responsibilities in relation to "making good" the premises

(c) Explain the property manager's (acting for the lessor) responsibilities in relation to "making good" the premises

(d) How would you consult or confirm with the lessee that make-good is satisfactorily completed?

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