Retail Lease: Key Provisions
A Practice Note discussing certain key provisions found in retail leases that provides drafting and negotiating tips for landlords and tenants. This Note examines tenant and landlord considerations for various provisions, including the co-tenancy clause, the operating covenant, the exclusive clause, additional rent, the tenant allowance, and the assignment and subleasing provisions. State and local laws where the premises are located generally govern lease agreements, but the guidance contained in this resource is useful and relevant to landlords and tenants in every state.
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