Make Six Modifications to Owner's Rent Acceleration Clause

Aside from termination rights, rent acceleration clauses are considered by tenants to be one of the harshest measures an owner has at its disposal as a remedy for nonpayment. This type of clause allows the owner to “accelerate” the rent due if you default. Essentially, a rent acceleration clause will force you to pay the rent for the rest of your lease immediately.

Full Article Access:

Full access to complete articles from Commercial Tenant's Lease Insider is for subscribers only.

Not yet ready to subscribe?