Commercial property coverage for a broken lease due to property damage stemming from a peril specified in the contract. Typically, across the lease term the lessee pays the difference between the rent paid and the total rental value.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Commercial property coverage for a broken lease due to property damage stemming from a peril specified in the contract. Typically, across the lease term the lessee pays the difference between the rent paid and the total rental value.
Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary.