Exercising Tenant Break Options Effectively
Available from: 25/02/2021
The ability to end a lease early is a very valuable right for a tenant. This practical session looks at:
- Why many break options are worthless: original tenant problems, repairing obligations;
- Why break options conditional payment of “all monies” can be draconian – and how to ensure proper compliance;
- Getting the drafting and service right;
- Approaching conditions and timing – what to think when drafting
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