Require Owner to Add Lease Safeguards Against ‘Damage and Destruction’

March 31, 2008
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The massive destruction caused by Hurricane Katrina serves as a prime example of how important it is to have a solid “damage and destruction” clause in your lease. That clause, if written effectively, can protect you if your space or common areas of the building are damaged by flood, fire, or some other casualty. Unfortunately, damage and destruction clauses are typically considered “boilerplate,” which means that tenants often overlook them when negotiating the lease.

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