Key Considerations in Airport Concession Leasing | Practical Law

Key Considerations in Airport Concession Leasing | Practical Law

A Practice Note discussing certain key provisions found in leases for airport concessions. This Note examines tenant and landlord considerations for various provisions, including rent, operations, staffing issues, construction issues, airport concessions disadvantaged business enterprise (ACDBE) compliance, relocation and termination rights, use restrictions, and assignment rights. Federal, state, and local laws affect airport lease agreements, but the guidance contained in this resource is useful and relevant to landlords and tenants in every state.

Key Considerations in Airport Concession Leasing

Practical Law Practice Note w-016-4329 (Approx. 20 pages)

Key Considerations in Airport Concession Leasing

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A Practice Note discussing certain key provisions found in leases for airport concessions. This Note examines tenant and landlord considerations for various provisions, including rent, operations, staffing issues, construction issues, airport concessions disadvantaged business enterprise (ACDBE) compliance, relocation and termination rights, use restrictions, and assignment rights. Federal, state, and local laws affect airport lease agreements, but the guidance contained in this resource is useful and relevant to landlords and tenants in every state.