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normal wear and tear |
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normal wear and tear That amount of physical deterioration that occurs with normal use of a property as contemplated by the parties.It could be dramatically different between a day-care facility and an upscale clothing store.Most commercial leases require the tenant to return the premises in like condition as when rented,normal wear and tear excepted.Consumer protection laws in many states prohibit withholding a tenant's deposit if there is only normal wear and tear to the premises. The best practice is to define the term in the lease. For example,“Normal wear and tear shall mean the necessity to shampoo carpets and paint walls, but not the necessity to replace carpet or repair walls for anything larger than a small picture hanger.” How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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