NATIONAL UNIVERSITY OF SINGAGPORE 1

What is the Difference Between Renovation and Reinstatement?

Renovation improves or redesigns a space to suit a business’s needs, while reinstatement returns a leased space to its original condition at the end of a tenancy. Renovation is usually done when moving in, and reinstatement when moving out, as required by the lease’s reinstatement clause. Lease endings rarely come with flexibility. One email from […]

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