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Remodeling Requirements in Retail Leases

A remodeling requirement in a commercial lease benefits both landlord and tenant, as long as attention is given to certain considerations.

By D. Joshua Crowfoot and G. Andrew Gardner
Retail Leases

Retail Leases

Landlords of large retail facilities will often include in their lease proposals and form leases a requirement that the tenant periodically remodel their premises (remodeling requirement). While there are certain considerations that the landlord and the tenant evaluate that are discussed below, a remodeling requirement in a commercial lease benefits both the landlord and the tenant.

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