How is Reletting defined in a lHow is Letting defined in a legal contract?
- Letting means the act of accepting bids before awarding a construction contract for any part of a project. Seen in 57 SEC filings
- Letting means giving of a lease for up to [number] years. Seen in 7 SEC filings
- Letting means the act of leasing under this agreement for the original term stated, inclusive of any extensions thereof which may be granted according to the terms of the agreement. Seen in 3 SEC filings
- Letting means the reception, opening, and determination of the lowest bidder. Seen in 3 SEC filings
- Letting means the leasing under this agreement for the stated term. Seen in 3 SEC filings
- Letting means the process of granting property right as a result of, for instance, a lease or the cession of a right in and to the property. Seen in 2 SEC filings
- Letting means leasing of all or any goods under the lease. Seen in 2 SEC filings
- Letting means the use of facilities for agreed activities and for an agreed period of hire. Seen in 2 SEC filings
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of letting' yourself to verify these results. We are always keen to point people to source documents.
egal contract?
- Reletting means: In circumstances where the landlord has recovered possession of the leased premises due to the tenant's default, the landlord can, at their discretion, occupy the premises or cause the premises to be reasonably redecorated, transformed, divided, or combined with other adjoining premises, or otherwise changed or prepared for reletting. The landlord can then relet the premises or any part of it under their agency or otherwise for various terms. The landlord can collect the rent for it, applying it first to the payment of certain expenses incurred concerning recovery of possession, redecorating, altering, dividing, consolidating with other adjoining premises, or otherwise changing or preparing for reletting, and the reletting. Any net proceeds received from such reletting may be deducted from the tenant's obligations under the lease. Seen in 1 SEC filing.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of reletting' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Reletting means the landlord's action of redecorating, modifying, dividing, merging, or preparing the leased premises for a new lease after a tenant's default.
Relevant Contract Types
- Commercial Lease Agreement
- Rental Agreement
- Office Lease Agreement
- Retail Lease Agreement
- Sublease Agreement
Relevant Circumstances
- Tenant default or breach of lease conditions
- Pre-lease renovation or modification
- Property management for investment properties
Relevant Sectors
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Reletting means the landlord's action of redecorating, modifying, dividing, merging, or preparing the leased premises for a new lease after a tenant's default.
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