What are the legal obligations of tenants in a commercial real estate lease?

In Virginia, commercial real estate tenants are legally obligated to fulfill the provisions of their lease. This includes making all rental payments in full and on time, using the property only for its specified purpose, and following the rules and regulations outlined in the lease. Tenants are also responsible for any damage to the property resulting from their use, and they must comply with Virginia health and building codes. Tenants typically agree to maintain the premises in good condition, meaning they are responsible for repairs due to ordinary wear and tear as long as they are within the limits of the lease. This includes keeping the interior and exterior of the building in good condition and keeping all fixtures and equipment in working order. Tenants may be liable for property taxes, utility costs and other fees related to the premises, such as for snow removal, trash collection, or pest control. In addition, tenants may be required to obtain or maintain a business license or permit for the operations conducted on the premises. If the tenant breaches the lease, the landlord may be able to sue for any damages or loss of income caused by the breach. Tenants may also be responsible for paying attorney’s fees or court costs if they are required to go to court. It is important for tenants to understand all of their legal obligations under their commercial real estate lease in Virginia.

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What are the legal obligations of tenants in a commercial real estate lease?

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