Norris McLaughlin & Marcus, P.A.

Blogs > NJ Real Estate Dispute

standard

Nov 22, 2010

Beware of the Ordinary Wear & Tear Clause in a Commercial Lease

Many landlords and tenants, when negotiating a commercial lease, fail to appreciate the implications of incorporating certain “standard” provisions into the lease. Many unfortunately take comfort in boilerplate language that either of the parties (usually the landlord) used in prior leases. While such an approach may make for an uncomplicated lease drafting process (assuming the tenant is of the same mind), it could prove ultimately to be a rather expensive approach to managing the leasing process once the term ends and disputes arise over the condition in which the tenant has left the premises.» Read More

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