The document discusses key lease provisions that should be included in commercial leases. It identifies the top 8 lease enforcement provisions for landlords, such as provisions addressing chronic nonpayment of rent, rent acceleration, additional rent, and late charges. It also outlines the top 8 lease provisions for commercial tenants, including mitigation of damages clauses, prevailing party clauses, rights of expansion, and options to renew. The document provides guidance on important default clauses, liquidated damages, arbitration vs litigation, and other legal topics relevant to commercial leasing.

1. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
1
Advice from a Litigator:
The 16 Lease Provisions That
Should Be Included in Every
Commercial Lease
New York State Bar Association
Advanced Real Estate Topics
December 5, 2017

2. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
Top 8 Lease Enforcement
Provisions
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3. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
1. Chronic Nonpayment
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4. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
2. Rent Acceleration
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5. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
3. Additional Rent
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6. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
4. Yellowstone Injunction
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7. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
5. Late Charges
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8. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
6. Self-Help Evictions
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9. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
7. Attorney Fees
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10. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
8. Liquidated Damages
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11. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
Top 8 Lease Provisions for
Commercial Tenants
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12. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
1. Mitigation of Damages
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13. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
2. Prevailing Party Clause
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14. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
3. Right of Expansion Clause
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15. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
4. Option to Renew
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16. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
5. Ownership and Use
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17. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
6. Signage and Alterations
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18. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
7. Repairs and Self-Help
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19. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
8. Limiting Guarantee to Rent
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20. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
Other Default Clause Traps
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21. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
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Liquidated Damage
Provisions:
Avoiding the Penalty

22. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
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Arbitration v.
Litigation

23. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
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Important Events of
Default
Recommended for
Commercial Leases

24. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
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License v. Lease

25. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
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Bankruptcy &
Commercial Leases

26. Adam Leitman Bailey, P.C.
New York Real Estate Attorneys
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