How is Cosmetic Changes defined in a legal contract?
- Cosmetic Changes means changes to the interior of a premises that are purely decorative in nature, such as wall, floor and ceiling decorations and window treatments. These changes do not require any permissions like building permits. However, the overall cost of such changes should not exceed a determined threshold in any single instance. The organization should receive notice of performance and details of contractors prior to the commencement of these changes. Seen in 2 SEC filings.
- Cosmetic Changes means minor, non-structural changes of a decorative nature that are in line with a first-class office building. These changes do not need a building permit and the cost, including installation, should fall below a certain amount. Examples of these changes include painting, carpeting and hanging pictures. Seen in 1 SEC Filing.
- Cosmetic Changes means any changes, alterations or additions that cost below a certain threshold, do not adversely affect the structure or system of a building or the provision of services to other occupants. These changes should not involve any core drilling or alteration of the exterior or interior walls of a building. The organization should be notified of these changes, including details of contractors and plans, prior to commencement. 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 cosmetic changes' 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
Cosmetic Changes means alterations to a space that are decorative, non-structural, and fall under a specified cost threshold.
Relevant Contract Types
Relevant Circumstances
- Tenant improvements or alterations in rented spaces.
- Redesign or renovation projects within an existing space.
- Modification for a business premise for brand aesthetics.
Relevant Sectors
Genie Definition 2
Cosmetic Changes means modifications devoid of impact on structure, system or service provision to others within the premise.
Relevant Contract Types
Relevant Circumstances
- Remodelling or renovation projects that do not affect the building's structure or systems.
- Upgrades to a rented property that do not impact other tenants or the overall service provision.
Relevant Sectors
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Cosmetic Changes means alterations to a space that are decorative, non-structural, and fall under a specified cost threshold
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