Important information for Landlords & Tenants regarding Make-Good

Make-Good rights and obligations are an important aspect of leasing for both Landlords and Tenants.

Landlords are often entitled to enforce their rights by requiring Tenants to comply with the Make-Good provisions when the Lease ends.

The Make-Good provisions should clearly define the condition in which the premises must be returned to by the Tenant at the end of the Lease.

Typically this means that the premises must be returned to the same condition that the premises was in at the commencement of the Lease, excluding fair wear and tear.

The Make Good provisions may also require re-painting / carpeting / re-decorating.

This article provides a refresher as to some of the key considerations for Landlords, Tenants and leasing agents, when dealing with Make-Good obligations.