free english dictionary

All free english dictionary


SEARCH TERMS

base rent abatement

The significance of the base rent abatement is:
The definition of base rent abatement is:

During any period of reconstruction or repair after a major casualty, if the lessee’s ability to conduct business in the demised premises is materially hindered or impaired, the base rent and any maintenance charges due from the lessee will abate during the period in which the demised premises is unusable.


0.24153399467468