Negotiating and Drafting Lease Insurance Clauses: Top 10 Questions for Practitioners.
- Resource Type
- Article
- Authors
- Marsh, Tanya; Marzullo, Jo-Ann
- Source
- Retail Law Strategist; Jun2010, Vol. 10 Issue 2, p1-4, 4p
- Subject
- QUESTIONS & answers
CLAUSES (Law)
INSURANCE
LEASES
LANDLORD-tenant relations
- Language
The article presents questions that involve insurance clauses in the U.S. These include the identification of property type carried by the landlord, the insurance of the landlord against catastrophic perils and the kind of insurance requirement a tenant should maintain. Furthermore, insurance clauses are considered as neglected sets of provision in a lease wherein over reliance on these clauses without further knowledge can waste money.