These are parts of a premises or real estate that have been moved by lease. In comparison, retained parts are not transferred but are retained by the landlord. Demised premises are typically the parts of the property that a tenant or leaseholder can occupy.
Demised Premises
These are parts of a premises or real estate that have been moved by lease. In comparison, retained parts are not transferred but are retained by the landlord. Demised premises are typically the parts of the property that a tenant or leaseholder can occupy.