Leased Premises Definition and Right to Remeasure (Commercial Lease) (Pro-Landlord) | Practical Law

Leased Premises Definition and Right to Remeasure (Commercial Lease) (Pro-Landlord) | Practical Law

A Standard Clause defining the leased premises for a commercial real estate lease with language allowing the parties to remeasure the premises. A tenant's right to remeasure is generally a tenant-favorable concept, but this Standard Clause offers a landlord-friendly alternative for remeasurement. This Standard Clause contains integrated notes with important explanations and drafting and negotiating tips for 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.

Leased Premises Definition and Right to Remeasure (Commercial Lease) (Pro-Landlord)

Practical Law Standard Clauses w-035-2420 (Approx. 9 pages)

Leased Premises Definition and Right to Remeasure (Commercial Lease) (Pro-Landlord)

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A Standard Clause defining the leased premises for a commercial real estate lease with language allowing the parties to remeasure the premises. A tenant's right to remeasure is generally a tenant-favorable concept, but this Standard Clause offers a landlord-friendly alternative for remeasurement. This Standard Clause contains integrated notes with important explanations and drafting and negotiating tips for 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.