Follow Us

Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Landlord Tenant Law

Five Secrets to Drafting an Effective Default Lease

Part One of a Two-Part Article

This article contains some of the lesser-known, creative clauses used to ensure either payment of rent and compliance, or a swift eviction of the commercial tenant. They are what the authors call "tools of the effective default clause."

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

An effective commercial lease will dictate the future relationship between landlord and tenant. The more clauses forcing the commercial tenant to comply with its obligations, the better chance the landlord will have, not only to achieve a successful relationship, but also to ensure that the rent is paid and the tenant behaves. Below are some of the lesser-known, creative clauses used to ensure either payment of rent and compliance, or a swift eviction of the commercial tenant. They are what we call “tools of the effective default clause.”

This premium content is locked for Commercial Leasing Law & Strategy subscribers only

Continue reading by getting
started with a subscription.

ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS FOR COMMERCIAL REAL ESTATE PRATITIONERS.
  • Stay current on the latest information, rulings, regulations, and trends
  • Includes practical, must-have information on the business and legal aspects of commercial leases
  • Tap into expert guidance from top commercial real estate lawyers

SUBSCRIBE NOW

Subscribe Now For Unlimited Access

Read These Next