Death and Disability / Key Person Provisions in a Commercial Lease
In certain commercial leases, particularly for businesses that are heavily reliant on the expertise or presence of a specific individual, the tenant may negotiate for the inclusion of a death and disability or key person provision. Such a provision is designed to...
Tenant Termination Options in Commercial Leases
Commercial real estate leases generally do not include a right for the tenant to terminate the lease early. However, in certain circumstances, a commercial tenant may negotiate with its landlord for the inclusion of an early termination option in a lease....