Makegood and Defit: What Commercial Tenants Need to Know Before Exiting a Lease
Ending a commercial lease can feel like a relief—until you realise the work doesn’t stop when the last desk is packed. One of the most overlooked (and expensive) parts of vacating a business premises is meeting your makegood and defit obligations. Ignore them, and you could kiss your bond goodbye—or worse, face a legal mess. This guide cuts through the jargon and tells you exactly what’s involved, what to watch out for, and how to handle it all without burning cash or bridges.