Ed signs a ten-year lease with a survival clause. If Ed is evicted after two years, he will have to pay:
A) rent for the remaining 8 years.
B) damages equal to the difference between the rent specified in the lease and the rent the landlord is able to obtain from reletting the premises.
C) until eviction.
D) until he assigns the lease.

Question

Quizplus · Accepted Answer

A survival clause in a lease means that certain obligations survive the termination of the lease. If Ed is evicted, he would typically be responsible for damages equal to the difference between the rent specified in the lease and the rent the landlord is able to obtain from reletting the premises. This is to compensate the landlord for the loss of income due to the early termination of the lease, while also considering any income the landlord is able to generate from reletting the property.

Ed Signs a Ten-Year Lease with a Survival Clause