Commercial Real-Estate Lease Clause

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A Commercial Real-Estate Lease Clause is a real-estate lease clause within a commercial lease agreement that specifies the terms, conditions, and obligations agreed upon by the landlord and tenant.

  • Context:
    • It can (typically) include a wide range of clauses, such as:
    • It can (often) significantly impact both the financial and operational aspects of leasing commercial real estate, emphasizing the importance of careful negotiation and understanding of each clause.
    • ...
  • Example(s):
    • A clause that allows for rent escalation based on increases in operating costs or inflation indices.,
    • A provision granting audit rights to ensure accuracy in the allocation and billing of operating expenses.
    • ...
  • Counter-Example(s):
    • A Residential Lease Clause, which may cover similar topics but is tailored to the unique context of residential property leases and governed by different legal standards.
  • See: OLA Casualty Damage Article, Lease Renewal Clause, Rent Escalation Clause, Subleasing Clause.


References