Security Deposit (Cash with Burndown) (Commercial Lease) (Pro-Tenant) | Practical Law

Security Deposit (Cash with Burndown) (Commercial Lease) (Pro-Tenant) | Practical Law

A Standard Clause for use when a commercial tenant provides a cash lease security deposit and the deposit amount is to be reduced over the term of the lease. This Standard Clause is tenant-favorable but includes integrated notes with important explanations and drafting and negotiating tips for both landlords and tenants. While real estate leases are generally governed by state law, this jurisdictionally neutral clause is useful and relevant in every state.

Security Deposit (Cash with Burndown) (Commercial Lease) (Pro-Tenant)

Practical Law Standard Clauses w-011-8211 (Approx. 10 pages)

Security Deposit (Cash with Burndown) (Commercial Lease) (Pro-Tenant)

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A Standard Clause for use when a commercial tenant provides a cash lease security deposit and the deposit amount is to be reduced over the term of the lease. This Standard Clause is tenant-favorable but includes integrated notes with important explanations and drafting and negotiating tips for both landlords and tenants. While real estate leases are generally governed by state law, this jurisdictionally neutral clause is useful and relevant in every state.