Free Rent Period (Commercial Lease) (Pro-Tenant) | Practical Law
A Standard Clause for use in a commercial real estate lease agreement to detail a tenant's right to free rent at the beginning of the lease term. This Standard Clause favors the tenant but has integrated notes with important explanations and drafting and negotiating tips for both landlords and tenants. While commercial real estate leases are generally governed by state law, this jurisdictionally neutral Standard Clause is useful and relevant in every state.