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

State:
Multi-State
Control #:
US-OL23011
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Word; 
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Description

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

A commercial lease provision prohibiting a tenant from opening a like business operation within a particular radius of the leased premises for a specified period of time. Radius restriction clauses are common in commercial leases with percentage rent provisions such as: Shopping center leases.

An exclusive use clause, or ?exclusive,? reflects the agreement of the landlord to allow any other tenants within the shopping center to use their respective premises for a specific use, whether selling certain products or providing certain services.

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.

A tenant can move rather than pay the increase. Idaho Code Section 55-307. 2. If a lease agreement sets the amount of rent for a given period of time (such as 6 months, 1 year, etc.), a landlord cannot raise the rent during this time.

A Standard Clause for use in an office lease agreement to define the permitted uses of the leased premises. This permitted use clause discusses exclusivity, rules and regulations, compliance with laws, and prohibited uses.

Idaho Code 6-320 allows a tenant to go to court to enforce the landlord's duties. Prior to doing so, the tenant must give the landlord 3-days' notice, listing each failure or breach upon which his action will be premised and written demand requiring performance or cure.

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.

Section 55-208 - TERMINATION OF TENANCY AT WILL. (2) By the tenant giving notice in writing to the landlord that the tenant will be vacating the premises, on a date as specified in the notice, but not less than one (1) month from the date of notice.

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