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Commercial Lease Termination Option
Negotiating Commercial Leases 2013 ( Edition)
Book Publication Date:
Especially In uncertain economic times flexibility will be important to parties to commercial leases.
One way to provide such flexibility is to include a termination option in the lease.
This sample option to terminate allows the tenant to terminate with adequate notice to landlord, if all other terms of the lease are complied with.
PLI Item #:
"commercial real estate" landlord
"option to terminate"
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