What Are the Requirements Needed for a Defit?
A defit, also known as a make-good, is a crucial process for businesses vacating a commercial space. It involves returning the premises to its original condition as outlined in the lease agreement. Whether it’s a retail store, office, or industrial site, failing to meet defit requirements can lead to financial penalties or legal complications. But what are the requirements needed for a defit? Understanding these obligations ensures a smooth transition while complying with lease terms and local building regulations.