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Shopping Center Remodeling and Expansion: Model Language for Drafting a Lease
Part Two of a Two-Part Series
This two-part article explores some of the issues that arise when negotiating a lease form that contains clauses defining the rights of the landlord and obligations of the tenant with regard to remodeling or expanding a shopping center. The first part of the article discussed negotiating points that could benefit the parties during the administration of the lease. The conclusion provides some suggested model language to consider when drafting a lease.
Sample Form Lease Language for Remodeling, Rent Increases, Relocation and Abatement Rights
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