HQ request to us to check the ‘reinstatement’ clause in office lease contract(or tenancy agreement) for early termination by ‘LANDLORD’
Please check your branch office’s lease contract for ‘reinstatement’ clause terms whether:
1. Tenant have obligations to reinstate to the original condition on the expiry of contract
2. Tenant have obligations to reinstate to the original condition for early termination by landlord
3. KE should pay the cost for reinstatement even landlord terminate the contract before expiry date for renovate, redevelop, retrofit or alter the whole or part of the building
Those inquiries are also applied to airport office lease contract.
Please check and reply back to us by 03 Oct. (To KIM SUNG SOO, LEE PO YONG, cc ROG)