Exclusive Use Clause (Retail Lease) | Practical Law

Exclusive Use Clause (Retail Lease) | Practical Law

A negotiated exclusive use clause for use in a shopping center retail lease. This Standard Clause imposes restrictions on the landlord's ability to lease to other tenants in businesses that are the same as or competitive with the tenant. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips for both landlords and tenants. While retail leases are generally governed by state law, this jurisdictionally neutral clause is useful and relevant in every state.

Exclusive Use Clause (Retail Lease)

Practical Law Standard Clauses 8-507-2295 (Approx. 8 pages)

Exclusive Use Clause (Retail Lease)

by Practical Law Real Estate, with Scott P. Kadish, Ulmer & Berne LLP
MaintainedUSA (National/Federal)
A negotiated exclusive use clause for use in a shopping center retail lease. This Standard Clause imposes restrictions on the landlord's ability to lease to other tenants in businesses that are the same as or competitive with the tenant. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips for both landlords and tenants. While retail leases are generally governed by state law, this jurisdictionally neutral clause is useful and relevant in every state.