Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Many retail tenants demand a clause in their lease that prevents the landlord from renting space in the shopping center to one of their competitors.
Many retail tenants demand a clause in their lease that prevents the landlord from renting space in the shopping center to one of their competitors. This clause is referred to as a(n):
a. | Kick-out clause | |
b. | Option clause | |
c. | Exclusivity clause | |
d. | Co-tenancy clause | |
e. | Santa clause |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started