When negotiating a commercial lease, many tenants focus on their obligations during the lease term, but what about when it ends?
That’s where the surrender clause comes in. It determines what happens when a tenant returns the premises at lease expiration or earlier termination. While surrender clauses can cover many issues, there are three key things you should always watch for: timing, alterations, and consideration. In this episode of Quick Insights, Michael Gladstein explains why these details matter.
This content is for informational purposes only and does not constitute legal advice. For guidance on your specific situation, please contact us or consult your attorney.
