Rent Adjustment Determination Clause (Baseball Method) (Ground Lease) | Practical Law

Rent Adjustment Determination Clause (Baseball Method) (Ground Lease) | Practical Law

This Standard Clause is a negotiated rent adjustment clause that can be used in a ground lease using the baseball method. It provides for an appraisal proceeding conducted by independent appraisers. This Standard Clause has integrated notes with important explanations and drafting tips for both landlords and tenants.

Rent Adjustment Determination Clause (Baseball Method) (Ground Lease)

Practical Law Standard Clauses w-002-4549 (Approx. 7 pages)

Rent Adjustment Determination Clause (Baseball Method) (Ground Lease)

by Practical Law Arbitration and Practical Law Real Estate
Maintained • USA (National/Federal)
This Standard Clause is a negotiated rent adjustment clause that can be used in a ground lease using the baseball method. It provides for an appraisal proceeding conducted by independent appraisers. This Standard Clause has integrated notes with important explanations and drafting tips for both landlords and tenants.