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Commercial Lease Relocation Clause
Negotiating Commercial Leases 2013 ( Edition)
Book Publication Date:
In a commercial lease the landlord may want to retain the right to relocate tenants if a more profitable use can be made of the premises.
This sample lease provision allows the landlord to relocate a tenant to substantially similar premises, with notice and at the landlord'd sole expense.
PLI Item #:
"commercial real estate" landlord
"option to relocate"
"at its sole expense"
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