Title and Condition of the Premises Clause Samples

The "Title and Condition of the Premises" clause establishes the landlord's responsibility to provide the tenant with legal ownership (title) and a specified physical condition of the leased property at the start of the lease. Typically, this clause outlines that the landlord must deliver the premises free of any undisclosed liens or encumbrances and in a condition suitable for the tenant's intended use, such as being clean, safe, and compliant with applicable laws. Its core function is to ensure the tenant receives both legal rights to occupy the property and a space that meets agreed-upon standards, thereby preventing disputes over property defects or ownership issues at the outset of the lease.
Title and Condition of the Premises. (a) Title to the Premises(s) including all improvements, whether existing or constructed during the Contract Term is held in fee by Landlord. (b) The taking of possession of the Premises by the Concessionaire, in itself, shall constitute acknowledgement that the Premises are in good and sufficient condition for the purposes for which Concessionaire is entering into this Contract. Concessionaire acknowledges that it has had adequate opportunity to survey the Premises and has no outstanding questions or concerns regarding the current conditions or fitness for the stated use. (c) Concessionaire agrees to accept the Premises in their presently existing condition, “AS IS,” and that the Landlord shall not be obligated to make any alterations, additions, or betterments to the Premises except as otherwise provided in this Contract. Concessionaire hereby and forever waives any and all claims or causes of action against Landlord arising from or in relation to the condition of the Premises. (d) Concessionaire agrees to use the utmost skill and diligence in the conduct of Concessionaire's operations for the purpose of promoting the success and survival of the business. Concessionaire agrees at all times during the term of this Contract to continue its operations on the Premises, subject only to closures resulting from natural catastrophes or total destruction of the premises or upon the request of Landlord.
View SourceView Similar (2)
Title and Condition of the Premises. Lessor hereby represent and warrants that (a) Lessor is the sole owner of fee simple title to the Premises, subject to (i) any encumbrances of record, (ii) any rights of way or easements in, on, and over the Premises in favor of the Board of Mississippi Levee Commissioners, and (iii) the Regulations; (b) Lessor and the officials executing this Lease on behalf of Lessor have the legal right and have obtained all necessary authorizations Lessor must have to execute this Lease; (c) the Premises are not subject to any mortgage, deed of trust, or similar lien; (d) the Premises are not currently and shall not at any time during any term of this Lease be subject to real property or ad valorem taxes; and (e) to the best of Lessor’s knowledge, information and belief, the Premises is free from any hazardous materials. Lessor’s representations and warranties shall survive termination or expiration of this Lease. The Premises are leased to LP in their present physical condition without representation or warranty by Lessor, except as provided herein. LP has inspected and examined the Premises has found the same to be satisfactory.
View Source
Title and Condition of the Premises. Seller has good, clear, record and marketable title to the Premises in accordance with the terms of this Agreement.
View Source
Title and Condition of the Premises. The Premises are leased to Tenant in their present condition without representation or warranty by Landlord, except as provided herein, and subject to (i) the existing state of title as of the Commencement Date, and (ii) all applicable Legal Requirements. “Legal Requirements” means all laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of and agreements with all governments, departments, commissions, boards, court, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Premises or any part thereof. Tenant has inspected and examined the Premises and has found the same satisfactory.
View Source
Title and Condition of the Premises 
View SourceView Similar (3)

Related to Title and Condition of the Premises

  • Condition of the Premises Tenant has examined the Premises, including the appliances and fixtures (☐ and furnishings), and acknowledges that they are in good condition and repair, normal wear and tear excepted, and accepts them in its current condition, except for:

  • Condition of the Property All bidders shall be deemed to have carried out all investigations and examinations of the Property and the title particulars at their own costs and expenses and upon being successful, accept the property in the state and condition in which the Property is at the date of the auction sale.

  • Alterations, Additions, and Improvements Tenant shall not make any alterations, additions or improvements which affect the structure of the Building or which decrease the square footage of the Building or which reduce the value of the Premises, in each case without the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. Notwithstanding the above, and provided Tenant complies with all Legal Requirements in connection therewith, Tenant shall have the right at all times to make all other alterations, additions or improvements to the Building without Landlord’s prior written approval. Tenant shall not be required to restore any alterations or additions permitted under this paragraph to the Premises or remove improvements at the end of the Term. All alterations, additions and improvements permitted under this paragraph or consented to in writing by Landlord are referred to as “Permitted Alterations”. All alterations, additions or improvements made by Tenant which are permanently attached to and made part of the Premises shall become the property of Landlord at the expiration of the Term, except for signs, trade fixtures, furnishings, machinery and equipment used in or on the Premises and furnished by Tenant which Tenant may remove, provided Tenant repairs any damage to the Premises caused thereby (reasonable and ordinary wear and tear excepted). For federal income tax purposes, Tenant’s signs, trade fixtures and furnishings are defined herein as equipment. Tenant shall pay, when due, all claims for labor or materials furnished or alleged to have been furnished to or for Tenant for use in the Premises, which claims are or may be secured by any mechanics’ or materialmen’s lien against the Premises or any interest therein.