Chapter 26 - § 26.1 • TENANT IMPROVEMENTS

• Jurisdiction: Colorado

§ 26.1 • TENANT IMPROVEMENTS

The premises may be ready for the tenant to move in at the start of the lease, or the tenant may agree to take the premises "as is." More commonly, however, improvements need to be made to make the premises suitable for the tenant's purposes. If so, the lease will usually specify the work to be performed by the landlord and the work to be performed by the tenant. The nature of the work, who will do it, and who will pay for it is usually specified in an exhibit to the lease called a "work letter."¹ If the landlord is to perform work before the commencement of the lease, and the tenant is expected to pay for the work if the lease is not entered into, it would be wise to address the work in an agreement separate from the lease.

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Notes:

^[1] See Nina B. Matis, "Tenant Work Letters," 13 Prac. Real Est. Law. 69 (1997)...