FAQ Cat: Questions

This is an agreement by Landlord to provide Tenant the first right to lease space that becomes available in their building.

A cash deposit required by Landlord as security against any default by Tenant. The deposit is typically refundable at the end of the lease term.

Landlord’s sometimes requires the right to relocate Tenant within the premises in order to accommodate the space needs of other Tenant’s.

This is when Tenant remains in possession of the leased premises beyond their lease term. Landlord typically charges a penalty fee to Tenant in addition to the regular rent rate until Tenant releases possession of premises.

This is an agreement by Landlord to allow Tenant the right to lease or assign all or a portion of their space to another tenant.