Memphis Tennessee Holdover Clause
Category:
State:
Multi-State
City:
Memphis
Control #:
US-CL-580-1
Format:
Word;
Rich Text
Instant download
Description
Example of clause regarding Holdover of property by Tenant. A hold-over clause in a commercial lease typically provides that if a tenant remains in possession of the leased premises after the expiration of the stated lease term, the tenant must pay rent to the landlord in an amount substantially in excess of the rental rate at the end of the term – often as high as 150 percent
