ASSESSMENT OF LIABILITY IN CASES OF DEFECTS AND WEAR & TEAR IN LEASED PROPERTY
Damage to or deficiencies in leased real property, whether identified at the time of delivery to the lessee or arising during the tenancy, may give rise to various legal disputes. In practice, some of the most common issues include the failure to take into account defects existing in the property at the time the lease agreement is concluded, the determination of liability for ordinary or extraordinary damage occurring during the lease term, and the allocation of responsibility for damage identified during the vacating and handover process.