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Avoid the White Flag by Negotiating Surrender Provisions in Commercial Leases

The average base rent obligation over the term of the lease, in each commercial lease crossing my inbox in 2022, was over $1 million, exclusive of triple net charges and other potential obligations of a tenant that may arise during or after the lease term. Notwithstanding the importance of a lease to the balance sheets of […]

Contributed by Chamberlain Hrdlicka

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