New York Provision Limiting Rights of Landlord to Lease Space in the Building to Tenant Competitors

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US-OL23011
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This office lease form states that the Landlord shall not lease or sublease any other space in the building, during the term of the lease or any renewal to any party that can reasonably be deemed a competitor of Tenant.

How to fill out Provision Limiting Rights Of Landlord To Lease Space In The Building To Tenant Competitors?

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FAQ

5 Things You Should Never Say When Renting an Apartment 'I hate my current landlord' Every potential landlord is going to ask why you're moving. ... 'Let me ask you one more question' ... 'I can't wait to get a puppy' ... 'My partner works right up the street' ... 'I move all the time'

Use Clauses This clause defines how the tenant can and can't use the property they're leasing. The use clause may be very specific, so it's important that you read its terms carefully.

Commercial leases, particularly leases in retail shopping centers, often contain provisions (known as "use exclusives") that prevent the landlord from leasing space in the same mall, center, or area to a business that sells products or services similar to those sold by an existing tenant.

Build -Out: This happens when the space is already finished and may have been previously occupied by another tenant. The landlord may agree to remodel the unit ing to the needs of the tenant.

Under New York's rent-regulation laws, harassment is defined as conduct by a landlord that directly or indirectly interferes with, or is intended to interfere with, your privacy, comfort, and enjoyment of your dwelling.

Likewise, landlords may have the right to deduct damages from the security deposit, enter the rental property in emergency situations, and more. Some cities, such as New York City, have their own specific laws and regulations, so it's important that landlords check their local regulations.

What are the responsibilities of my landlord? Owners must ensure that buildings are safe, clean and well maintained, in both common areas and in individual apartments. Among other responsibilities, owners must provide and maintain security measures, heat, hot and cold water, and good lighting.

Tenants in New York cannot be denied based on past legal conflicts with a landlord (for example, if they have previously sued a landlord). Landlords in New York are also not allowed to charge any additional fees for the processing, review, or acceptance of an application.

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New York Provision Limiting Rights of Landlord to Lease Space in the Building to Tenant Competitors