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Alterations and Upgrades
The tenant may have certain rights to modify the premises to suit its own needs. This will obviously depend on the nature of the property. In some residential properties, for instance, a tenant may agree with the landlord to install ceiling fans in all bedrooms, in exchange for a deduction on the monthly rental cost, or something similar. The same is true in a commercial development, with careful attention paid in the language to whether certain changes become fixtures (remember, “intent” is critical here).
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