AS IS OR???

In a commercial lease, when it states a tenant will accept the premises “as is”, does it really mean that the tenant accepts the premises with ALL faults?  Even though that may be the intention of the parties, there may be laws that preclude a landlord from completely passing the buck on certain issues, such as environmental cleanup and hazardous waste.  In addition, the law sometimes requires mandatory disclosure of defective conditions or other problems with the premises or property.

We are here to help you and your clients with all aspects of commercial property management.  Please contact us for further assistance!

Nothing found herein should be construed as an attempt to offer or render a legal opinion or otherwise engage in the practice of law. You should not rely solely on this information. We encourage our clients to work with a lawyer experienced in commercial and/or residential real estate matters as they can be complicated and confusing.