A clause which requires a tenant in retail space to achieve a certain level of sales or the lease will be terminated is referred to as a:

Question

Quizplus · Accepted Answer

A clause which requires a tenant to achieve a certain level of sales or the lease will be terminated is referred to as a termination clause. This clause is commonly found in commercial leases to ensure that the tenant is meeting their obligations and contributing to the profitability of the property.

A Clause Which Requires a Tenant in Retail Space to Achieve