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Real Property for Indiana Paralegals

The Premises

As you would expect, this is usually a description of the location and layout of the premises to be let. While this may consist of a simple address and (if necessary) apartment or unit number, it may also include a full legal description of the leased property. In the case of commercial leases, this may be very important to keep boundaries with other tenants, and to ensure that the tenant has a clear indication of the amount of space leased. When drafting a commercial lease, there is no limit to the ways in which you may clarify the rented space. So, if it helps, you could even include a highlighted map of the space being leased, for pure clarification purposes.