Meaning ABATEMENT CLAUSE
What does ABATEMENT CLAUSE mean? Here you find 2 meanings of the word ABATEMENT CLAUSE. You can also add a definition of ABATEMENT CLAUSE yourself
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ABATEMENT CLAUSEA provision of a lease that relieves a lessee of the obligation to make lease payments in the event that the leased property cannot be utilized (e.g., because of construction delays, property damage o [..]
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ABATEMENT CLAUSEAbatement clause is a lease provision releasing a lessee from the rent obligation when an act of God prevents the occupancy of the premises. Generally the circumstances under which rent abatement is a [..]
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