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Typically the most straightforward way to get out of a commercial lease is through the early termination clause. Ideally, your real estate transaction will include a formulaic approach to early termination penalties (i.e., liquidated damages).

For example, the original tenant might have put holes in the wall to make a new passageway or undertaken other major work on the property. At the end of the lease, the new tenant must fix those issues and return the property to the condition that it was in at the start of the lease.

New York landlords have a duty to ensure that the commercial property they are leasing meets the basic health, safety and structural standards stipulated by local, state and federal laws. If this obligation is not met, the tenant may pursue applicable options.

New York landlords have a duty to ensure that the commercial property they are leasing meets the basic health, safety and structural standards stipulated by local, state and federal laws. If this obligation is not met, the tenant may pursue applicable options.

Early this month, the New York State Assembly passed Assembly Bill A6906, requiring commercial landlords to mitigate their damages when a tenant vacates a premises prior to the end of their lease term.

Commercial Eviction in New York A landlord must offer the court a specific, justifiable reason to remove a commercial tenant. Failure to pay rent constitutes one of the major?but not the only?justifiable reasons for commercial eviction.