Casualty Clause (Industrial/Warehouse Lease) (Pro-Tenant) | Practical Law

Casualty Clause (Industrial/Warehouse Lease) (Pro-Tenant) | Practical Law

Standard Clauses containing casualty provisions for use in an industrial or warehouse lease to protect the parties if fire damage or other casualty losses to the premises occur during the lease term. These casualty provisions favor the tenant but contain integrated drafting notes with helpful guidance and negotiating tips for landlords and tenants. While real estate leases are generally governed by state law, these jurisdictionally neutral clauses are useful and relevant in every state.

Casualty Clause (Industrial/Warehouse Lease) (Pro-Tenant)

Practical Law Standard Clauses w-032-0743 (Approx. 8 pages)

Casualty Clause (Industrial/Warehouse Lease) (Pro-Tenant)

by Practical Law Real Estate
MaintainedUSA (National/Federal)
Standard Clauses containing casualty provisions for use in an industrial or warehouse lease to protect the parties if fire damage or other casualty losses to the premises occur during the lease term. These casualty provisions favor the tenant but contain integrated drafting notes with helpful guidance and negotiating tips for landlords and tenants. While real estate leases are generally governed by state law, these jurisdictionally neutral clauses are useful and relevant in every state.