Premises and Appurtenant Rights Sample Clauses

The "Premises and Appurtenant Rights" clause defines the specific property or space being leased or conveyed, along with any associated rights or privileges that come with it, such as access to common areas, parking, or utility easements. In practice, this clause clarifies exactly what areas the tenant or buyer is entitled to use and may detail boundaries, shared facilities, or additional rights necessary for the enjoyment of the premises. Its core function is to ensure both parties have a clear understanding of what is included in the agreement, thereby preventing disputes over property use or access.