Permitted Uses: Flexibility and Adaptability

Claud Mccoid

When negotiating permitted-use clauses under retail leases, landlords attempt to attain the most extensive restrictions doable so as to steer clear of conflicts with other tenants’ leases and violations of exclusive-use clauses that are managed by other tenants in the retail facility. Tenants, however, should really be quite careful to include a certain degree of adaptability and adaptability into their leases’ permitted-use clauses to consider into account an evolving landscape.

      
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