Right to compensation for improvements Sample Clauses
The "Right to compensation for improvements" clause establishes that a party who has made enhancements or upgrades to a property or asset is entitled to receive compensation for the value of those improvements upon termination or expiration of the agreement. Typically, this clause applies in lease or license agreements where a tenant or licensee invests in structural changes, renovations, or other value-adding modifications with the consent of the owner. Its core function is to ensure fairness by protecting the investing party from financial loss due to improvements that remain with the property, thereby encouraging beneficial investments while clarifying financial responsibilities at the end of the contractual relationship.
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Right to compensation for improvements. If your tenancy is coming to an end you may be able to receive compensation from the Council for certain specified improvements you have made to the property, subject to you having gained all necessary approvals.
Right to compensation for improvements. (This applies to secure tenants only, except where introductory tenants have been granted permission to carry out alterations and they fulfil the conditions set out in the scheme). At the end of your tenancy you have the right to claim compensation from us for certain kinds of improvements that you have made to the property with our written permission. This applies to improvements that would normally form part of our ‘duty to provide’ and that were carried out after 1 April 1994.
Right to compensation for improvements. Secure tenancies only
Right to compensation for improvements. If your tenancy is coming to an end, you may be able to get compensation for improvements you have made. You have the right to compensation for certain improvements, such as a new bathroom, kitchen and central heating. You have up to 14 days after your tenancy ends to make your claim. You will need to show the Council bills for work done. The Council will work out the amount of compensation and take the following into account: the original costs, any financial assistance to help make the improvements, the age of the improvements and the physical condition of the improvements at the time of the claim. The Tenants Handbook has more information about the Right to Compensation.
Right to compensation for improvements. If you carry out certain improvements to your home and then your tenancy ends, you may be entitled to some compensation towards the costs of these improvements. This will be explained further at the time you apply for permission to carry out the works.
Right to compensation for improvements. 9.1 You may be entitled to compensation at the end of the tenancy for certain qualifying improvements. The amount of compensation will be based on the costs incurred by you less depreciation over the notional life of the qualifying improvements.
Right to compensation for improvements. When your tenancy comes to an end you may claim compensation for certain types of improvements you have made to your home so long as they’ve been made after 1 April 1994. You must have had our written permission first (see section 6.10 below). You will need to be able to produce bills and receipts to support your claim. We will then work out how much compensation to pay you after allowing for wear and tear, etc. You may contact us for more information on this. While you are an introductory tenant you do not have this right.
Right to compensation for improvements made with our consent
Right to compensation for improvements. We have made minor changes to the wording. We have made minor changes to the wording.
Right to compensation for improvements. Depending on the type of improvements, you may be entitled to receive compensation for them if you end your tenancy. This will be explained further at the time you apply for permission to carry out the works. If a fixed-term tenancy comes to an end and another tenancy (of any description) is offered and accepted for the same property, then there will be no right to compensation for improvements.