Surrender Clause (Medical Lease in Shopping Center) | Practical Law

Surrender Clause (Medical Lease in Shopping Center) | Practical Law

A Standard Clause for use in a lease agreement between a medical use tenant and a shopping center landlord. It sets out the requirements for the tenant's surrender of the premises at the expiration or termination of the lease. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips for both tenants and landlords. While real estate leases are generally governed by state law, this jurisdictionally neutral clause is useful and relevant in every state.

Surrender Clause (Medical Lease in Shopping Center)

Practical Law Standard Clauses 6-582-1566 (Approx. 6 pages)

Surrender Clause (Medical Lease in Shopping Center)

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A Standard Clause for use in a lease agreement between a medical use tenant and a shopping center landlord. It sets out the requirements for the tenant's surrender of the premises at the expiration or termination of the lease. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips for both tenants and landlords. While real estate leases are generally governed by state law, this jurisdictionally neutral clause is useful and relevant in every state.