Interesse termini refers to a lessee's right to enter a leased property or their interest in the property before actually taking possession. This legal concept establishes a claim for the lessee against anyone who may prevent them from entering or accepting delivery of the property. Essentially, it protects the lessee's rights even before they physically occupy the space.
Interesse termini is commonly used in real estate and lease agreements. It is particularly relevant in situations where a lease is set to begin in the future, or when the lease term has started but the lessee has not yet taken possession. This term is significant in civil law, especially in property law, and can involve various legal forms and procedures that users may manage with the right tools, such as templates from US Legal Forms.
Here are a couple of examples of abatement:
Example 1: A business signs a lease for a retail space that will begin in three months. During this waiting period, the business has interesse termini, allowing them to claim rights to the property even though they have not yet moved in.
Example 2: A tenant's lease starts on the first of the month, but they cannot move in until the fifth due to renovations. They still hold interesse termini for those days, protecting their rights to the property.
| State | Notes |
|---|---|
| Alabama | Interesse termini is recognized as a present interest that vests even if possession has not yet been taken. |
| California | Similar recognition of interesse termini, emphasizing the lessee's rights during the lease period. |
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
| Term | Definition | Difference |
|---|---|---|
| Leasehold Estate | A tenant's right to occupy a property for a specified term. | Interesse termini is a right before possession, while a leasehold estate begins once possession is taken. |
| Possession | The physical control over a property. | Interesse termini exists even without physical possession. |
If you believe interesse termini applies to your situation, consider the following steps:
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It is the right of a lessee to enter a leased property or their interest in it before taking possession.