What is Rent Abatement in Commercial Leases & How To Get It? (2023)

What is Rent Abatement in Commercial Leases & How To Get It? (1)Rent abatement in a commercial lease means that the tenant does NOT have to pay rent for a certain time period during one of the following scenarios:

  1. During the initial tenant improvements,
  2. As a concession in lieu of a reduced rental rate,
  3. Or when the tenant is not able to occupy the space because major property repairs are needed.

1. Rent Abatement During Initial Tenant Improvements

Sometimes when you lease commercial real estate (e.g. retail space) the space is either in shell condition (brand new) or is 2nd generation space that needs a lot reconfiguration and improvements. Depending on the size of space, existing condition, and if a construction permit is required it could take anywhere from a few weeks to 6-9 months for any improvements to be completed.

Don't Pay Rent During the Build Out Period

In a commercial lease it would not make sense to have to pay rent during the construction period so it's important that you negotiate to receive rent abatement (free rent) during substantial completion of all the tenant improvements.

Example Rent Abatement Language in a Commercial Lease

In most cases landlords are fine with rent abatement during the construction period. Just make sure it's written in the lease. For Example: The rent commencement date shall be The earliest of (a) the date on which Tenant occupies any portion of the Premises and begins conducting business therein, (b) the date on which the Work (as defined in Exhibit D hereto) in the Premises is Substantially Completed (as defined in Exhibit D hereto), or (c) the date on which the Work in the Premises would have been Substantially Completed but for the occurrence of any Tenant Delay Days (as defined in Exhibit D hereto).

What is Rent Abatement in Commercial Leases & How To Get It? (2)2. Rent Abatement as a Concession

When negotiating commercial leases you ask for all kinds of concessions such as tenant improvement allowance, lower rate, expansion options, etc. Rent abatement provisions (aka Free Rent) are also something that you can negotiate for.

(Video) RENT abatement

Consider Landlord Investment Strategies

Investors that own buildings can have different investment objectives. Some prefer to cash flow a property and more likely to offer a lower rate. Others maybe trying to sell or refinance the building and more likely to offer free rent instead of a lower rate. You see the rents the landlords collects on a commercial property dictate the market value. The lower the rates the lower the potential value. It's important to understand the investment objective of each building owner as you negotiate the commercial lease.

Expect to Sign Longer Lease in Return for Rent Abatement

Anytime you can negotiate to get rent abatement in addition to a tenant improvement allowance and other concessions you will be better off in the long run. Keep in mind the more concessions you ask for the more extensive the background checks. Also a longer lease gives you a better bargaining tool during negotiations.

Also if you have negotiated effectively and are receiving rent abatement keep in mind at lease signing most landlords will still want you to write a check for the security deposit and pay rent for the first month. In that situation the check you write for the 1st months rent will be applied the first month AFTER your free rent period.

What happens if you get rent abatement and default on the lease?

Getting rent abatement can help you lower your overall monthly rent costs or help you pay for tenant improvements that are above and beyond what the landlord is willing to give an allowance for. However keep in mind in most cases if you default on rent payments or don't fulfill the entire lease term you will be required to pay back all or a portion of any rent abatement given. This is also known as a clawback provision. During negotiations if a landlord is going to demand a clawback in the event you default or break the lease try to negotiate to where you only pay for unamortized free rent. For example if you were given $12,000 in rent abatement and the lease term was 3 years it would be amortized over 36 months ($4,000 per year or $333 per month). If you broke the lease after the 12th month you would have to pay rent abatement you received back for the remaining 24 months or $8,000……..which is the unamortized portion.

Rent abatement on the base rent or NNN or Both?

Rent abatement is negotiable. If the landlord agrees to it they would rather just give you free base rents (aka net rent) and you pay the real estate operating expenses (taxes, insurance, maintenance). That way they are at least covering their building expenses.

(Video) Rent Abatement CRE Terms and Definitions

As a tenant you would rather receive free gross rent (both net and opex). Do your best to negotiate this. In the end free net rent is better than nothing at all. In many cases in NNN leases especially retail and industrial spaces building owners prefer the tenants pay NNN during the free rent period.

3. Rent Abatement Due to Commercial Space Being Untenantable

In most commercial leases there is a Casualty clause (like in the example below) that talks about rent abatement in the event the tenant is not able to occupy or access a space because of fire or other casualty. It could be a partial rent abatement or full abatement depending on the scope of damage and what portion of the space the tenant has access to. Potential scenarios could be fire or flooding, natural disasters such as earthquakes, tornadoes, and hurricanes, or condemnation by the city or government. You can also try to negotiate rent abatement in the event of a force majeure such as act of God, shortages of labor, terrorist acts, governmental restrictions, etc.

Example Force Majeure Clause

If Tenant or Landlord are delayed or prevented from the fulfillment required under this Lease (other than paying Rent) because of lockouts, strikes, labor problems, unable to procure materials, power failure, acts of terrorism, insurrection, riots, failure to act or default of the other party, governmental moratorium, earthquake, fire, flood or other natural disaster, war or any other reason beyond the control of the party who is seeking additional time for the carrying out of such act (but excluding any delay due to its financial inability), then completion of this act shall be excused for the span of time that fulfillment is actually prevented that follows notice to the other party specifically describing the delay and the reason for the same. In such event, the time for the performance of any such act will be extended for a that time, in no event to exceed a term equivalent to the time of delay from and after such notice. No such interruption of any service to be provided by Landlord shall ever be deemed to be an eviction, actual or constructive, or disturbance of Tenant’s use and possession of the Premises or the Property

You May Need Business Interruption Insurance or Business Liability Insurance or Both

When leasing commercial spaces most landlords will want tenants to have business interruption insurance and/or business liability insurance.

Rationale Behind Rent Abatement

Commercial property owners typically have business liability insurance on their building. The insurance would cover any damages to the property in addition to abated rent. Personal property of a tenant that is damaged would be covered by the tenant's own insurance. It's a good idea for the tenant to have business interruption insurance as well to cover any potential financial losses. Since both parties have insurance – the tenant on personal property and the landlord on the property – the rent abatement puts the lease contract between landlord and tenant on hold until the property can be occupied again.

(Video) What Tenants Should Know About Rent Abatement

How Long Does the Abatement of Rent Continue?

The rent abatement last from the date of the casualty until the date the landlord has substantially completed the repairs and restoration. Rather than just let tenants out of a lease when a casualty occurs Landlords want the ability to try to cure the defects first within a certain time period (which is negotiated). The restoration could take weeks or months however at some point if the insurance company or contractors determine that the repairs will take longer than the negotiated time frame then the tenant or landlord could terminate the lease.

Tenants Must Negotiate to Not Let Rent Abatement Be Nullified

Tenants need to negotiate to require that no matter who caused the casualty the rent abatement provision will still exist. For example some landlords have language in the lease that says if the tenant or tenants employee causes the casualty then the abatement clause is nullified and the tenant must continue paying rent while repairs and restoration is being conducted.

Commercial rent is income for a landlord which is paid for by tenants. Part of the rent a tenant pays includes the building insurance coverage. If the abatement clause is nullified then the landlord is able to double dip by getting rent from the tenant and file the claim with their insurance company.

Free Rent is Negotiable

Rent abatement is a negotiable item in a commercial real estate lease that must not be overlooked. Not all landlords will agree to it however if you can get it you will save some money! Keep in mind, If you don't make an abatement request you will never get one.

Read the Fine Print

To ensure that you negotiate rent abatement effectively it's important that you read the fine print during commercial lease negotiations and consult with a real estate attorney and your commercial real estate agent because once the terms are finalized the clauses will be outlined in the rental contract and set in stone. Whatever happens after that will all be handled according to how the language is set forth in the contract.

(Video) Negotiate Free Rent For Your Business | Commercial Real Estate Hacks

How Landlords Respond to Abatement Requests

At the end of the day the landlord wants a good tenant paying rent and they are willing to give up a little money at the beginning of the lease to attract one. However when a tenant asks for rent abatement they will typically counter with a longer lease term, higher lease rate, higher yearly rent escalations, or some other concession. Also they most likely will not offer free rental payments on short term leases. In most cases a tenant would need to commit to at least a 3-5 year lease when abatement provisions are involved.

Every hear of the meaning of “bird in the hand is worth two in the bush”? Well if the landlord believes you are a strong credit tenant they would rather lock you into a deal giving you rent abatement then have the space sit empty for a few more months hoping a more credit worthy tenant comes along. In a competitive market and when there is a lot of interest on a space they are less likely to give it.

It never hurts to ask for rent abatement however keep the full scope of the deal in mind and be knowledgeable about the market. Negotiating intelligently will make the landlord respect you much more.


The next time you negotiate a commercial real estate lease you want to understand what the landlords motivation is. Are they trying to sell the building or not?

  • If they are trying to sell the building and open to rent reduction then they may be more motivated to give free rent since that does not have a direct impact on the market value of the property.
  • If they are not selling the building they may be cash flowing the property, meaning they maybe more motivated to offer a lease rate reduction.
  1. Understand that landlords want a great long term tenant with strong credit that pays rent on time, and they are willing to give up a little income at the beginning of a lease to attract one.
  2. Put yourself in a strong negotiating position by having your financials in order. Landlords like tenants with strong financials.
  3. Increase your leverage by having more than one space option on the table. If they know you don't have any other choices they won't be as negotiable.
  4. Start by asking for rent abatement on the base rents and NNN and see if the landlord budges. If they don't then get creative.
  5. Make intelligent offers, not low ball offers. Learn the market or hire an agent that knows it. If you make ridiculous offers landlord's won't take you seriously.
  6. Be prepared to sign a longer lease. In most cases (depending on the market your in and existing condition of the space) LL's won't give rent abatement on leases shorter than 3 years.
  7. If a space needs a lot of tenant improvements and the landlord is giving a large tenant improvement allowance don't expect much rent abatement if any.
  8. If a space does not need any tenant improvements and you can take a space “as is” then you have a good shot at getting rent abatement.
  9. Focus more on just lease rates when comparing properties. Rent abatement is only one component. When comparing your options do a side by side financial lease analysis of each property looking at the total cost of each. In your analysis look at the total dollar amount over the lease terms and the net effective rate for each. This is the best way to compare each apples to apples.

To see an example of a rent abatement provision clause in a commercial real estate lease or if you are looking for commercial space for rent in Austin Tx or if you have a website comment feel free to give us a call at 512-861-0525. Our company helps tenants find commercial space for rent and negotiate the best deal. We also help companies sublease space they don't need.

(Video) Commercial Real Estate Vocabulary: Rent Abatement - Definition | CRE Jargon Explained


How do commercial tenants deal with not paying rent? ›

If the tenant fails to pay the rent, often the best approach is to cease communication and seek legal advice as soon as possible on the matter. If you secured a rent deposit from the tenant then you may be able to draw down this to cover the extent of any arrears owing.

How do I remove a tenant from a commercial lease? ›

The easiest way to start the process of evicting a commercial tenant is to file for a Possession Claim from the County Court. The Government has an online Court and Tribunal Finder and you'll need to find the court which is closest to the commercial property itself.

Can you negotiate rent on a commercial property? ›

You may be able to agree to lower monthly rent, a break clause, a rent-free period, and alterations or renovation of the building before occupation. But if queues are waiting to rent quality space, you will have a harder time negotiating terms.

What are the 3 most important clauses you should look for in a lease? ›

10 Important Rental Lease Clauses to Include
  • Rent Liability. This clause states that tenants are jointly and severally liable for the full rent amount. ...
  • Severability Clause. ...
  • Access to Premises. ...
  • Use of Premises. ...
  • Holding Over. ...
  • Sublet Rules. ...
  • Disturbance Clause. ...
  • Lessee to Maintain.
7 Feb 2022

What constitutes a breach of commercial lease? ›

Some of the more common examples of landlord breach of contract include: Failing to repair the property in line with the lease terms. Failure to pay for insurance or services stipulated in the lease. Use of the property without the tenant's consent and beyond any uses stipulated in the lease.

What happens if I can't pay my commercial rent? ›

Landlords have various options to recover debt if you fail to pay your commercial lease, including: Obtaining a County Court Judgment (CCJ) against your business. Forfeiting your lease and repossessing the premises. Seizing business assets under Commercial Rent Arrears Recovery (CRAR) legislation.

What are the remedies for non payment of rent? ›

Non-payment of Rent - Navigating Tenant & Landlord Rights
  • Non-Payment of Rent. AT A GLANCE: ...
  • Forfeiture. Arguably the most draconian of remedies, forfeiture brings the lease to an early end. ...
  • Commercial Rent Arrears Recovery (CRAR) ...
  • Rent Deposit. ...
  • Guarantor. ...
  • Court proceedings. ...
  • Subtenant diversion notice. ...
  • Statutory demand.
19 May 2022

Can I repossess my commercial property? ›

If you want to evict your commercial tenants for reasons other than non-payment of rent, you might want to issue court proceedings to repossess your property. The act of commencing and serving possession proceedings on the lessee is sufficient evidence of the unequivocal election by the landlord to forfeit the lease.

Can a new landlord evict a commercial tenant? ›

Last year, government introduced legislation to prevent landlords of commercial properties from being able to evict tenants for not paying rent. This measure will be in place until 25 March 2022 alongside the restrictions on landlords' abilities to recover rental arrears through the seizure of goods.

Can a landlord forfeit a commercial lease? ›

Forfeiture is a remedy that is commonly reserved as a right of re-entry in the lease. Most modern leases will contain a right to forfeit but landlords should nevertheless check their lease at the earliest opportunity.

How do you get someone out of commercial property? ›

If a landlord wants an overholding tenant to leave the premises, a Notice to Quit must be served on the tenant. Commercial leases will often set out the notice period required to be given to the tenant. If not, there are prescribed notice periods based on how the rent is reserved under the lease.

How do you negotiate a good commercial lease? ›

Here are the six basic steps to negotiating a commercial lease:
  1. Calculate your office space needs and find a property with space for lease.
  2. Investigate your prospective commercial landlord.
  3. Research market standards.
  4. Review every clause with a legal counsel.
  5. Provide your own counter-terms.
13 May 2022

What should I negotiate for a commercial lease? ›

  • Ask for a rent-free period. ...
  • Consider the duration of the term. ...
  • Avoid putting your name down as the lessee. ...
  • Keep away from personal guarantees. ...
  • Negotiate repair obligations. ...
  • Ensure that there's a break clause. ...
  • Decide security of tenure. ...
  • Look into a sub-letting clause.
13 Jan 2022

What is the most important consideration in a commercial lease? ›

The rent structure is probably the most basic and most important aspect of any lease. By determining how much you pay per month, as well as how much your rent will increase each year, you can better determine budgets and get a full understanding of whether you can stay in business in this new space.

What are 5 things that should be included in a lease? ›

Here are some of the most important items to cover in your lease or rental agreement.
  • Names of all tenants. ...
  • Limits on occupancy. ...
  • Term of the tenancy. ...
  • Rent. ...
  • Deposits and fees. ...
  • Repairs and maintenance. ...
  • Entry to rental property. ...
  • Restrictions on tenant illegal activity.
21 Sept 2006

What are 5 things on a rental agreement that you believe would be important to pay attention to? ›

It's a dense document, but to fully protect yourself, pay special attention to these details before signing on the dotted line.
25 Aug 2017

How can a landlord breach a commercial lease? ›

If a landlord breaches the conditions of a commercial lease, it is usually because they are either: not maintaining the property adequately, have failed to insure the building, or have blocked the tenants access to the property.

What is a section 146 notice? ›

A section 146 notice of the Law and Property Act 1925 is served by a landlord who wishes to commence forfeiture proceedings against a leaseholder following a breach of a lease.

What are considered defects in a lease? ›

For example, if your lease is missing any of the following, it could be defective: A provision to repair or maintain parts of the property. A duty to insure the building. A provision for the recovery of money spent for the benefit of another party.

Can you reclaim unpaid rent? ›

Court proceedings can be brought for the recovery of unpaid rent. In many cases the tenant will have no defence against such a claim, and summary judgment can be obtained. This will then allow all the usual means of enforcing a judgment debt, such as sending in bailiffs or attachment of earnings.

Can commercial rent be backdated? ›

Rent reviews and backdated rents

The leases generally then state that review can then be undertaken at any point in the future and, once the review has taken place, the landlord will be entitled to backdate the increased rent to the review date and charge interest.

What happens if you default on a business lease? ›

They have the right to hold you accountable for any missing payment and damages associated with your default. If you cannot come to an agreement with your landlord, they may sue your company. They may also sue you, if you have personally guaranteed your company's lease agreement.

What is commercial rent arrears recovery? ›

Commercial Rent Arrears Recovery (CRAR) is a statutory procedure which allows landlords of commercial premises to recover rent arrears by taking control of the tenant's goods and selling them.

What are the possible remedies of tenant? ›

Those actions or inactions which can lead to redress by a tenant include:
  • 1 Terminate the Lease. ...
  • 2 Abate the Rent If the landlord breaches the lease agreement through failure to perform his or her obligations, the tenant has the right to request an abatement of rent. ...
  • 3 Seek Damages. ...
  • 4 Sue for Performance.

What happens when a tenant doesn't pay rent? ›

If your tenant is not paying their rent as per the terms of their tenancy agreement, it's possible for you to start eviction proceedings against them.

Does the 4 year rule apply to commercial property? ›

Four year rule

No planning enforcement action can be taken after four years where the breach of planning control relates to: Building, engineering, mining or other operations in, on, over or under land. The four year period starts with the date on which the operations were "substantially completed".

When can a landlord forfeit a lease? ›

A lease can usually only be terminated before the end of the initial term if the freeholder and leaseholder agree, or if the leaseholder is in breach of a term of the lease. A freeholder may only repossess a property for breach of the lease if the lease allows for forfeiture proceedings to be used.

How long before a property is repossessed? ›

As we've mentioned the last thing that house repayments companies want to do is repossess your home and it's a final resort as for them it's costly. It depends upon your particular lender, however most won't start repossession proceedings until around the 3rd month payment being missed at the earliest.

What are my legal rights as a commercial tenant? ›

Commercial tenants may have the protection of the Landlord and Tenant Act 1954. The Act grants Security of Tenure to tenants who occupy premises for business purposes. The tenancy will continue after the contractual termination date unless it is ended in one of the ways specified by the Act.

Does a commercial landlord have to provide heating? ›

As a commercial landlord, it is your responsibility to ensure each property you own is always supplied with electricity, gas and hot water through safe, working appliances.

What happens to a commercial lease if property is sold? ›

Nothing will happen to your tenancy during the contractual term. Your landlord's interest will be sold subject to any existing leases, which means that the buyer will inherit you as a tenant and become your new landlord.

How long does a tenant have to apply for relief from forfeiture? ›

No strict time limit on when relief can be granted, but 6 months from re-entry applied as a guide.

Can a lessee cancel a commercial lease? ›

If a commercial lease was signed by an individual/natural person, such person has the right to terminate the lease at any time by giving to the landlord written notice of a minimum of 20 (twenty) business days.

What is peaceful forfeiture? ›

Peaceful Repossession – Forfeiture of Lease for Commercial Properties. Most modern commercial property leases give the landlord the right to terminate the lease when the tenant has breached their obligations.

How much notice does a commercial landlord need to give? ›

Even if the landlord and tenant have opted out of sections 24 to 28 of the Landlord and Tenant Act 1954 (see the next section), it is still safest for the Landlord to give at least 3 months notice (or however much is required by the lease).

Can a landlord change the locks on a commercial property? ›

A commercial lease usually includes the right for your landlord to peacefully re-enter the property and change the locks if you, as the tenant, have breached any conditions of the lease. Most usually this is due to failure to pay rent.

Can a landlord kick you out? ›

During the fixed term, your landlord can only evict you for certain reasons - for example: you have not paid the rent. you're engaging in antisocial behaviour. there's a 'break clause' in your contract - this allows your landlord to take back the property before the end of the fixed term.

What questions should I ask a commercial lease? ›

Questions to Ask When Viewing a Commercial Property
  • What type of commercial lease is being offered? ...
  • What is the minimum lease term? ...
  • What amenities are included? ...
  • What insurance coverage is required? ...
  • How much parking is allotted to the renter? ...
  • Is there room for expansion? ...
  • Can you make changes to the office space layout?
10 Feb 2020

How do you ask for a lease negotiation? ›

How to Negotiate Your Rent
  1. Ask the landlord if rent price is open to discussion. ...
  2. Highlight your strengths as a tenant. ...
  3. Inquire about extending the lease. ...
  4. Offer to end the lease in the summer. ...
  5. Research the property's value. ...
  6. Be open to compromise. ...
  7. Negotiate directly, follow up in writing. ...
  8. Have a backup plan.
27 Feb 2020

How do I write a counter offer for rent? ›

Use this step-by-step guide to help you draft the letter to your landlord negotiating a lower rent.
  1. State your intent. ...
  2. Emphasize your value. ...
  3. Use research to back your request. ...
  4. Consider including your personal situation. ...
  5. Provide next steps.
15 Nov 2022

What issues are involved in negotiating leases? ›

Negotiating a lease
  • competition or demand for the premises.
  • the landlord's financial situation.
  • your desirability as a tenant; this may include your potential to meet your obligations, or to attract clients or other tenants to the location or the landlord's future intentions for the premises.

Can a landlord refuse to renew a commercial lease? ›

Under the 1954 Act, the landlord cannot refuse a new lease unless there is a sufficiently valid reason. The landlord can challenge the tenant's S26 request, within two months of receipt, on one of seven grounds, which are dealt with below.

How do you negotiate at the end of a lease? ›

Make a Purchase Offer

If you found that you can purchase your vehicle for less than the lease's purchase price, negotiate with your leasing bank to obtain a lower price. Contact your leasing bank before your lease turn-in date and make an offer to purchase the vehicle for less than you owe.

Can you change the terms of a commercial lease? ›

Lease terms can not be changed to reflect market practice. But, if there are good grounds and it is fair and reasonable in the particular circumstances, the courts are willing to change the lease terms.

What are the key issues in leasing? ›

What follows are some important issues that should be carefully considered in commercial leases.
  • Premises. ...
  • Use. ...
  • Delivery. ...
  • Fixed Rent (a/k/a Base Rent). ...
  • Operating Expenses and Real Estate Taxes. ...
  • Maintenance and Repairs. ...
  • Default. ...
  • Assignment and Subleasing.
8 Aug 2017

What makes a lease defective? ›

For example, if your lease is missing any of the following, it could be defective: A provision to repair or maintain parts of the property. A duty to insure the building. A provision for the recovery of money spent for the benefit of another party.

What are the rules around breaking a lease? ›

If the rental provider (landlord) has to cover costs because the renter broke the rental agreement, the renter will usually have to pay them back. These costs might include remaining rent, advertising fees or fees to re-let the property. These are known as 'lease-break fees'.

What are the most important clauses to include in a lease contract? ›

The most important clause to landlords is the duty of the tenant to pay the rent in full and on time. This includes the right to charge a fee for damages if payment is late. Other important clauses grant the landlord the right to enforce the rules and regulations written into the lease.

What are the four essential terms of a lease? ›

Assuming that any subject conditions have been satisfied, an offer will generally be binding provided these four essential elements have been settled: parties, premises, rent and term. 1.

What are some important things to keep in mind before signing a lease? ›

Here's a quick checklist of things that must be on any standard lease:
  • The date the rent is due each month.
  • The exact amount of rent.
  • The accepted method or methods of payment.
  • The date the tenant can move in.
  • The date the lease expires.
  • Details of the property – the lease should have the rental unit's complete address.
26 Aug 2020

What are the 3 types of leasing? ›

There are three categories of leases when it comes to commercial real estate: Gross Lease (also known as Full Service Lease), Net Lease, and Modified Gross Lease.

What are 2 disadvantages of a lease? ›

  • No equity/ownership in the vehicle.
  • Potential early termination liability.
  • Potential end-of-lease costs like excess wear and tear and additional.
  • Mileage charge.

Which condition the lease can be terminated? ›

Lapse of time – When the prescribed time of the lease expires, the lease is terminated. Specified event – When there is a condition on time of lease depending upon a happening of an event. Interest – Lessor's interest to lease the property may cease, hence resulting in the termination of the lease.

Can you repudiate a lease? ›

In the present case the defendant's conduct in unlawfully and permanently evicting the claimant was a repudiation which necessarily brought the lease to an end without any need for acceptance'. Most practitioners' text now also accept that a lease can or probably can be terminated for repudiatory breach.

How do you enforce a lease? ›

Usually it is the landlord who has the power to make sure that the lease terms are complied with by leaseholders. If the lease has such provision, the leaseholder will need to ask the landlord to enforce the terms of the lease against another leaseholder.

How long can a tenant stay after the lease expires? ›

A holdover tenant is a tenant who stays in the rental unit after the lease expires. If the tenant continues to pay rent, the tenancy essentially becomes a month-to-month tenancy. A holdover tenant is legally allowed to stay in the rental unit as long as the landlord takes no action to remove them.

Can tenant terminate lease early? ›

In usual circumstances, both the landlord and the tenant cannot terminate the tenancy before its expiration unless either of them has breached the vital terms of the agreement which entitles the other party to forfeit or terminate the tenancy (e.g. the tenant fails to pay rent or the landlord illegally re-enters the ...

What is fair wear and tear? ›

In essence, fair wear and tear is the deterioration of an item or area due to its age and that which would be reasonably expected over the course of a tenancy, that is not due to the tenant's actions or omissions.


1. Understanding Abatement in Commercial Real Estate
(Mirlo Real Estate Partners)
2. Rent Abatement - CRE Terms and Definitions
(David Haug)
3. My Tenant Is Asking For A Rent Abatement, What Do I Have To Give Them?
(Everything Sherry)
4. Rent Abatement Help (Mar. 23, 2020)
5. Factors That cause Rent Abatement in Real Estate
(Landwin LLC)
6. CFOtoCFO: What is Happening with Rent Abatement?
(Avocat Group)
Top Articles
Latest Posts
Article information

Author: Rob Wisoky

Last Updated: 18/10/2023

Views: 6203

Rating: 4.8 / 5 (68 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Rob Wisoky

Birthday: 1994-09-30

Address: 5789 Michel Vista, West Domenic, OR 80464-9452

Phone: +97313824072371

Job: Education Orchestrator

Hobby: Lockpicking, Crocheting, Baton twirling, Video gaming, Jogging, Whittling, Model building

Introduction: My name is Rob Wisoky, I am a smiling, helpful, encouraging, zealous, energetic, faithful, fantastic person who loves writing and wants to share my knowledge and understanding with you.