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Home / News Stories / Accelerated rent clause struck as 'penalty' (access required)

Accelerated rent clause struck as 'penalty' (access required)

A commercial landlord could not enforce an "acceleration clause" in a lease, making the tenant liable for all rent upon termination, a Fairfax Circuit judge has ruled in a case of first impression. The lease lacked an offset provision giving the tenant a credit if the landlord re-leased the premises to a new tenant. As a ...

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