Leases: clause claiming sum equivalent to rent for breach of tenant's yielding up obligations | Practical Law

Leases: clause claiming sum equivalent to rent for breach of tenant's yielding up obligations | Practical Law

A plug-in clause allowing the Landlord to recover an amount equivalent to the Annual Rent for the period that it would reasonably take to put the Property into the condition it should be in if the Tenant had complied with its yielding up obligations.

Leases: clause claiming sum equivalent to rent for breach of tenant's yielding up obligations

Practical Law UK Standard Clause w-016-5341 (Approx. 4 pages)

Leases: clause claiming sum equivalent to rent for breach of tenant's yielding up obligations

by Practical Law Property
Maintained, England, Wales
A plug-in clause allowing the Landlord to recover an amount equivalent to the Annual Rent for the period that it would reasonably take to put the Property into the condition it should be in if the Tenant had complied with its yielding up obligations.