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Rent Abatement Lease Clause Sample
Fashion Law and Business: Brands & Retailers ( Edition)
Book Publication Date:
A retail tenant's ability to pay rent may be highly dependant on their ability to generate revenues from that particular location.
Therefore, it is important to inlcude a rent abatement clause in the lease.
The sample rent abatement clause included here provides for rent abatement in the event that the premises become untenantable due to the landlord's failure to provide agreed upon repairs or services.
PLI Item #:
Corporate & Securities, Employment, Intellectual Property
"brick and mortar"
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