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Exclusive Use Commercial Real Estate Market Commercial Leases

Ward and Smith, P.A.

Exclusive Use Provisions in Commercial Leases

Ward and Smith, P.A. on

Exclusive use provisions are common in commercial leases, especially in large shopping centers with many tenants. An exclusive use provision essentially allows a tenant to use its premises for an intended specific use (for...more

Troutman Pepper

How to Negotiate an Exclusive Use Provision

Troutman Pepper on

Both landlords and tenants are well served to begin discussing exclusives early in the lease negotiations. An exclusive use clause is a valuable and often heavily negotiated provision in leases. An “exclusive” prohibits...more

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