Get Termination Option for "Key Player's" Death or Disability

January 29, 2013
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When negotiating leases tenants tend to focus on the issues that will affect them on a day-to-day basis or are likely to happen in the future. They often put an emphasis on tenant improvement allowances, common area maintenance costs, parking, or renewal or recapture rights. But don’t forget to plan for some less likely circumstances—say, being forced to move your business or dissolve it altogether. Make sure that you ask for a termination right if you’re faced with those situations.

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