What do you mean by inheriting the lease?FL.
Commercial tenant installed computer cabling and patch panel and wants to take it with him.
I inherited the lease, the lease does not say anything about this.
I thought once it is attached to the property it stays with the property.
Does anybody know?
This is a contractual matter. Does the lease speak to the matter? If not, then I agree with Quincy's response.FL.
Commercial tenant installed computer cabling and patch panel and wants to take it with him.
I inherited the lease, the lease does not say anything about this.
I thought once it is attached to the property it stays with the property.
Does anybody know?
The lease apparently says nothing about the panel or cables.This is a contractual matter. Does the lease speak to the matter? If not, then I agree with Quincy's response.
Considering that statement took up 25% of the sentences in the OP, I should have seen it. <oops>The lease apparently says nothing about the panel or cables.
It actually is your contract...but I know what you mean.The lease does not address this issue at all.
I am the landlord.
They were a tenant when we bought the property, so it is not my "contract".
This is a commercial property. Leaving it in the same condition as when it was first comtractors doesn’t always hold true for commercial leases. Sometimes the space is a big empty box to start and everything must be built out. A tenant is often not liable to demo the place back to what it wasIt actually is your contract...but I know what you mean.
Because it's not addressed in the lease, I agree with Quincy. All that is required is that you receive the property at the end of the lease in the same condition as it was at the beginning of the lease.
Fair enough...This is a commercial property. Leaving it in the same condition as when it was first comtractors doesn’t always hold true for commercial leases. Sometimes the space is a big empty box to start and everything must be built out. A tenant is often not liable to demo the place back to what it was
While the network cabling may not be addressed specifically in the lease, I would hope buildout or alterations in general is addressed in the lease.
Both the lease with the departing tenant and the purchase agreement with the previous owner should be reread to make sure the condition of the rental space/building is not addressed in more detail.This is a commercial property. Leaving it in the same condition as when it was first comtractors doesn’t always hold true for commercial leases. Sometimes the space is a big empty box to start and everything must be built out. A tenant is often not liable to demo the place back to what it was
While the network cabling may not be addressed specifically in the lease, I would hope buildout or alterations in general is addressed in the lease.
Personally, having installed hundreds if not thousands of miles of such cable and related infrastructure I find it odd the tenant wants the cable. It’s a mess to remove and it ends up a rats nest. There are individual pieces running from the patch panel to each jack (outlet)Both the lease with the departing tenant and the purchase agreement with the previous owner should be reread to make sure the condition of the rental space/building is not addressed in more detail.
It still seems reasonable to me that the cables and patch panel would go with the business that (apparently) required their use for their business. The next tenant might be using the space for an entirely different purpose.
Maybe the departing commercial tenant will discover that and leave it all behind -and MIKE then will have a nicely equipped space for the next tenant (if the next tenant is looking for a space equipped with cables and a patch panel).Personally, having installed hundreds if not thousands of miles of such cable and related infrastructure I find it odd the tenant wants the cable. It’s a mess to remove and it ends up a rats nest. There are individual pieces running from the patch panel to each jack (outlet)
I don’t know what sort of patch panel was installed but they are usually less than $100. Heck, the cost of removing the cable could exceed the cost of the cable. Typical cable is around a quarter per foot.