Noneconomic defaults: Robust protections, remedies
See all Events

Noneconomic defaults: Robust protections, remedies

June 05, 2024

With tenants increasingly focused on protecting themselves from defaulting landlords, partone of this series addressed doing diligence on potential landlords and protecting the tenant’s economic bargain, but a tenant should also protect against the landlord’s defaults in noneconomic obligations. Leases significantly limit and waive tenant remedies for landlord defaults. Although these concepts are rarely completely, or even substantially, modified, tenants can negotiate for more favorable terms.

Click here to read the full article.

Recent Insights