Defit and Makegood: What Every Business Needs to Know Before Ending a Lease
When a commercial lease ends, most tenants think it’s just a matter of handing back the keys. But landlords think differently. That’s where defit and makegood come in—two terms that can cost you thousands if you don’t fully understand them.
Whether you’re vacating an office, retail shop, hospitality venue or warehouse, planning for defit and makegood is essential. Let’s break down what it means, what’s expected, and how to avoid common (and expensive) mistakes.